collapsed
Firstbank empowers women entrepreneurs through maiden spark a gem challenge
FirstBank, West Africa’s premier financial institution and the leading financial inclusion service provider, has reinforced its commitment to empowering women-owned businesses with the successful execution of the maiden edition of Spark A Gem Challenge. The initiative, a flagship Women-Preneur Pitch-a-Ton programme under the Bank’s FirstGem proposition, was designed to provide women entrepreneurs with access to
Candida auris: Deadly drug-resistant fungus spreads across 23 US states; symptoms, risks and all you need to know
Synopsis Candida auris, a deadly fungus, has spread across twenty-three states in the United States. This invasive yeast causes severe and sometimes fatal infections, particularly in vulnerable patients. The fungus spreads easily in healthcare facilities and is resistant to many disinfectants. Some strains are multidrug-resistant, making treatment extremely challenging for infected individuals. Public health officials
DYCM secures funding for 1GW module assembly plant in California
Latest DYCM’s California module assembly plant is expected to begin commercial shipments of its first heterojunction modules in Q4 2026. Image: Markus Spiske via Unsplash. US module manufacturer DYCM Solar Modules has closed an investment roundto fund the growth of its business and its solar module assembly plant in California, US. The funding was secured
M&E specialist collapsed owing trade creditors £15m
Administrators for collapsed mechanical and electrical (M&E) firm HE Simm have warned that trade creditors are unlikely to receive a payout. The Liverpool-based family business owed almost £15m to trade creditors when it went into administration last month, said Patrick Lannagan, Richard Hough and Adam Harris of Forvis Mazars. A statement of affairs has not
Collapsed Henley replaced on Croydon housing scheme
Henley's former office. Credit: 2023 Google Streetview Southern Housing has appointed Formation Design & Build to finish a housing scheme in Croydon that was left in limbo after the collapse of its previous contractor. Henley Construct was building the 116-home scheme on Cherry Orchard Road when it entered administration in April 2023, owing millions of
Creditors owed £33m by collapsed J Tomlinson set to get some funds
Image © 2023 Google Unsecured creditors linked to collapsed contractor J Tomlinson are set to receive a dividend after all, after HMRC claimed less money than was expected. Administrators from FRP Advisory did not expect unsecured creditors – including the construction supply chain – to receive any of the £33m they were owed when J
Collapsed contractor’s employees win compensation
Former employees of a contractor that went into administration last spring have received compensation because they were not consulted before they lost their jobs. The 20 former employees of ARJ Construction all received 90 days’ pay after the Employment Tribunal found the contractor did not consult them or any union representatives before they lost their
NG Bailey owed more than £2m by collapsed gigafactory client
Britishvolt, the start-up electric vehicle battery manufacturer behind a £3.8bn gigafactory in Northumberland, went under owing around £160m, it has emerged. A new report from administrators at EY shows that those owed money by the company included mechanical and electrical (M&E) giant NG Bailey, which is out of pocket by more than £2m. The report
Collapsed contractor ‘fined’ £146k over worker death
A collapsed company has been sentenced for failing to keep its workers safe after a 48-year-old man was fatally crushed by a 20-tonne excavator. Kidderminster-based Birch Brothers, which went into liquidation last year, had been building a concrete overflow weir structure at a pond in Derbyshire in 2017. Philip McDonald was one of the workers
Collapsed contractor received £7.5m taxpayer support
Collapsed contractor Jehu Group received £7.5m in taxpayer-funded grants and loans while it was struggling, it has emerged. A report by the Bridgend-headquartered company’s administrators revealed that the circa £70m-turnover firm received £5.1m in loans from the Welsh Government-owned Development Bank of Wales in the year before it went under. It was also granted £2.4m-worth
Newsletter
Don't miss
empowers
Firstbank empowers women entrepreneurs through maiden spark a gem challenge
FirstBank, West Africa’s premier financial institution and the leading financial inclusion service provider, has reinforced its commitment to empowering women-owned businesses with the successful execution of the maiden edition of Spark A Gem Challenge. The initiative, a flagship Women-Preneur Pitch-a-Ton programme under the Bank’s FirstGem proposition, was designed to provide women entrepreneurs with access to
auris
Candida auris: Deadly drug-resistant fungus spreads across 23 US states; symptoms, risks and all you need to know
Synopsis Candida auris, a deadly fungus, has spread across twenty-three states in the United States. This invasive yeast causes severe and sometimes fatal infections, particularly in vulnerable patients. The fungus spreads easily in healthcare facilities and is resistant to many disinfectants. Some strains are multidrug-resistant, making treatment extremely challenging for infected individuals. Public health officials
funding'
DYCM secures funding for 1GW module assembly plant in California
Latest DYCM’s California module assembly plant is expected to begin commercial shipments of its first heterojunction modules in Q4 2026. Image: Markus Spiske via Unsplash. US module manufacturer DYCM Solar Modules has closed an investment roundto fund the growth of its business and its solar module assembly plant in California, US. The funding was secured
Mobility’s
How GIG Mobility’s Next Titan Partnership Could Benefit Nigerian SMEs
GIG Mobility has joined The Next Titan as the official mobility partner for the entrepreneurial reality show’s 11th season. The partnership is designed to support Nigeria’s grassroots business ecosystem by handling transportation for contestants, production crews and event organisers throughout the programme. Filming a nationwide reality show involves moving people between boot camps, events and
Amadeus’
Amadeus delivers a strong H1 2026 despite a challenging operating environment
Par Bruno COURTIN Published on 5 Aug 2026 - Updated on 5 Aug 2026 2 min reading time The Group generates revenue from three complementary businesses: providing technology solutions for the airline industry, commissions on GDS sales, and providing end-to-end solutions for the travel and hospitality world. Despite still accounting for a modest share of