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The Latest Breaking News from Teneo

Thames Water hires restructuring advisers amid fears of collapse

Crunch talks expected after investors refuse to secure short-term cashflow and parent company due to repay £190m loan

The Guardian - UK

Ted Baker calls in administrators in latest UK fashion collapse

A number of big names in fashion have collapsed in recent months or faced major difficulties

Evening Standard

Top US consultancies face scrutiny over role in Saudi Arabia’s sports push

Senator suggests McKinsey, BCG and other firms may be violating federal disclosure rules

The Guardian - US

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Stewart Milne administrators issue statement on new home buyers' deposits

THE administrators assessing a major Scottish building firm after news of its collapse broke on Monday have issued a statement on deposits paid by…

The National (Scotland)

Companies are getting it from all sides on ESG. They’re either ‘going too far’ or ‘not doing enough’

A Teneo survey of 260 CEOs shows most are determined to stay the course.

Fortune

Major Scottish housebuilder folds with over 200 employees made redundant

A MAJOR independent housebuilder has appointed administrators with more than 200 employees being made redundant on an online call with bosses.

The National (Scotland)

CEOs say political disruptions—like the presidential election—are 2024's biggest risks

U.S.-based CEOs are changing their investment plans based on next year's election—though differ on direction.

Fortune

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Gaza war pushes tumultuous Israel-Turkey ties into ‘deep freezer’

Turkey’s forthright support for Palestine could affecting efforts to revive ties with Israel.

Al Jazeera

‘He’s an insider’: Ramaswamy’s deep ties to rightwing kingpins revealed

Republican candidate brands himself as an ‘outsider’ but has close links to prominent figures Leonard Leo and Peter Thiel

The Guardian - US

M&Co closing remaining stores by the end of April with 24 shutting this weekend

The retailer was bought out of administration by a new owner but its 170 stores were not part of the deal

Wales Online

Fashion chain M&Co closing 20 shops TOMORROW with rest going in weeks - see list

Around 14 M&Co sites closed their doors for good yesterday, it's Rickmansworth high street store has its final day of trading today, and a further 24 will shut on Sunday

Daily Mirror

Ron DeSantis caught in leaked video

DeSantis spoke to the Teneo Network, a secretive well-funded group run by SCOTUS takeover architect Leonard Leo

Salon

A Federalist Society for all things

Donald Trump's so-called Supreme Court whisperer wants to expand his success to other parts of American society

Salon

New Leo group seeks to influence culture

Inside the “private and confidential” conservative group that promises to “crush liberal dominance”

Salon

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Fortune

Three Arrows Capital liquidator will sell off the firm’s NFTs to make up for the $3.5 billion it owes creditors

The NFTs could include a Bored Ape as well as several Mutant Apes and CryptoPunks, according to a research analyst.

The Guardian - UK

Clothing retailer M&Co to close 170 shops with loss of up to 1,900 jobs

Scottish retailer went into administration at the end of last year, after closing 47 shops in 2020

Daily Mirror

High street loses fashion retailer M&Co with almost 200 stores set to close

M&Co are set to shut 170 high street stores after entering administration, with 1,910 jobs at risk

Fortune

Disney exec paid equivalent of $3.4 million a month for brief 3-month stint

Morrell left Disney after a tumultuous few months at the company that saw it embroiled in a row over the Florida's so-called "don't say gay" bill.

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Daily Record

Store closures and job losses fears at four Lanarkshire M&Co shops as clothing chain enters administration

Firm appoints three representatives from Teneo Financial Advisory Limited as joint administrators following difficult trading period.

Glasgow Live

Glasgow firm M&Co goes into administration - full list of stores at risk

M&Co, who have two branches across Glasgow, have entered administration for the second time in just over two years.

Daily Mirror

Fashion chain M&Co collapses into administration for the second time

M&Co - the clothing brand that employs 1,910 staff and has around 170 shops across the UK - has collapsed into administration for the second time in just over two years

Edinburgh Live

Scottish clothing firm M&Co enters administration as East Lothian stores at risk

The clothing firm that has been an ever-present on some of Scotland's high streets has entered administration for the second time in three years after a period of financial difficulty

Daily Record

Scots clothing chain M&Co at risk of shutdown as firm enters administration

The firm, which began life as Mackays pawnbrokers in Paisley, is up for the sale for the second time in three years.

The Guardian - UK

How the lights went out on Bulb – and the wrangle over its future

Decision on timing of Octopus’s takeover of collapsed energy supplier will be taken in court on Tuesday

Birmingham Post

Remaining Studio Retail Group creditors in line to recover millions but some face wait

Administrators at Teneo have been working to identify who owes what and if there is enough money to pay them

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