The Chinese owner of British Steel has hired a leading City law firm to explore the recovery of hundreds of millions of pounds it invested in the Scunthorpe-based company before the government seized control of its operations in April.
Read moreAs an independent review sets out a vision for cleaning up the water industry, a real-world example of why the sector is in such deep trouble floats into view.
Read moreThe private equity firm that had been the frontrunner to lead a rescue of the UK's largest water provider - Thames Water - has pulled out.
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One of Britain's top corporate troubleshooters is being lined up to spearhead a multibillion pound rescue of Thames Water after the company's preferred bidder walked away.
Sir Christopher Evans, the renowned British biotech entrepreneur, is close to landing $50m (£37m) in funding for a developer of a new portfolio of cancer treatments.
The chancellor and foreign secretary are threatening to take Roman Abramovich to court to seize the proceeds of his Chelsea FC sale.
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