EY | News | Restructuring

An overview of EY news in the UK:

EY selected for Typhoo Tea administration For more than 120 years, Typhoo Tea has been one of the UK’s most recognisable brands.
20 November 2024
Number of FTSE profit warnings hits lowest level in years The number of profit warnings of UK-listed companies has dropped to its lowest level in three years, signalling a further recovery of the economy.
18 July 2024
Administrators sue EY for NMC 'negligence' Following the collapse of NMC, administrators from Alvarez & Marsal have levelled a legal claim against EY.
25 May 2022
EY appointed to shopping centre administration Consultants from EY have been appointed to the administrate shopping centre owner IRAF UK Dragon.
01 March 2021
EY to oversee insolvency of Specialist Leisure Group Big Four professional services firm EY has been appointed as administrator for Specialist Leisure Group.
04 June 2020
9 in 10 profit warnings cite Covid-19 as factor The vast majority all profit warnings issued by UK listed companies the first three weeks of March cited Covid-19 as a contributing factor.
24 March 2020
EY and PwC also sold consulting work to Thomas Cook Big Four audit and advisory firms PwC and EY have come under scrutiny for selling consulting and accounting services to Thomas Cook in the lead up to the company’s collapse.
05 November 2019
EY appointed as British Steel administrator British Steel has announced its collapse into administration, following years of turbulence and changing hands between owners on multiple occasions.
28 May 2019
Outsourcer Interserve sold out of administration by EY Administrators from EY have overseen the fire sale of Interserve, after the outsourcer finally collapsed following a year of poor trading.
19 March 2019
Debt-stricken plant hire firm appoints EY as administrator Over 200 jobs remain on the line after plant hire firm Hawk Plant collapsed in January.
28 February 2019
EY reportedly in line to administrate ailing Interserve As a standoff between shareholders and lenders at Interserve looks to continue well into the eleventh hour, EY has reportedly earmarked to oversee an administration of the outsourcing firm.
26 February 2019
Yorkshire butcher chain Crawshaw appoints EY for administration Crawshaw Group has confirmed the appointment of administrators, as the UK meat retailer said in late October that it did not have sufficient cash to restructure.
08 November 2018
Duff & Phelps helps secure future of Banham Poultry More than 1,000 jobs have been safeguarded by the sale of one of Norfolk’s largest employers.
09 October 2018
House of Fraser administrators defend Sports Direct deal House of Fraser administrator EY has come under pressure to justify accepting Sports Direct’s offer to buy the department store.
21 August 2018
EY appointed administrator for vehicle hire firm Hundreds of UK workers have lost their jobs after a vehicle hire firm collapsed. As TOM Vehicle Rental was forced into liquidation, Big Four firm EY was appointed administrator.
10 April 2018
EY manages day to day finances of Birmingham City Birmingham City's parent company has gone into voluntary receivership, with its day-to-day operations taken care of by accounting and consultancy giant EY.
20 February 2015

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