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Britain's hard lessons from handing elder care over to private equity - Vimarsana News

Britain's hard lessons from handing elder care over to private equity

A little over a decade ago, Four Seasons Health Care was among the largest long-term care home companies in Britain, operating 500 sites with 20,000 residents and more than 60 specialist centers.

Petropavlovsk to divest Russian mining assets to UMMC - Vimarsana News

Petropavlovsk to divest Russian mining assets to UMMC

Petropavlovsk has agreed to offload its Russian subsidiaries and most of its other units to UMMC-Invest in a deal worth $600m.

Lancashire Printing Co bought out of liquidation in connected sale - Vimarsana News

Lancashire Printing Co bought out of liquidation in connected sale

A Blackburn printer has been bought out of liquidation by a connected company.

UK Financial Conduct Authority Fines Guarantor Lender TFS Loans Ltd (In Administration) And Requires It To Provide Redress To Affected Guarantors - Vimarsana News

UK Financial Conduct Authority Fines Guarantor Lender TFS Loans Ltd (In Administration) And Requires It To Provide Redress To Affected Guarantors

<p><span>TFS Loans Ltd (in administration) has been fined &pound;811,900 by the Financial Conduct Authority (FCA) in relation to deficient affordability checks on 3,150 guarantors in its consumer credit business. The FCA has also imposed a requirement on TFS to redress the guarantors that were harmed by the firm not conducting appropriate checks.</span></p>

Oswaldtwistle: Black Dog pub business goes into liquidation - Vimarsana News

Oswaldtwistle: Black Dog pub business goes into liquidation

The owners of the business that runs the Black Dog in Oswaldtwistle said liquidation was “necessary” to protect creditors and the business.