The transport division of the Prax Group’s £10 billion energy empire has collapsed into administration, marking another significant blow for the British husband-and-wife entrepreneurs’ business venture. Axis Logistics, responsible for
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Major commodity trading group Glencore was kept in the dark about critical financial difficulties at the Prax Lindsey oil refinery until mere days before its collapse into administration, despite government
One of Britain’s last remaining oil refineries has fallen into administration, triggering urgent government intervention and putting approximately 400 jobs at risk. The Prax Lindsey facility, situated on the River
The iconic Brighton i360 observation tower is teetering on the brink of closure as its operating company prepares to enter administration, weighed down by a staggering £51 million debt to
