Electric aircraft startup Lilium has run out of money | TechCrunch
Lilium aircraft startup is shutting down due to financial troubles and failure to raise emergency funds from the German government.
Air taxi maker Lilium is out of money and will cease operations
Lilium has gone into insolvency due to failed funding efforts, halting air taxi production.
The competitive eVTOL market poses significant challenges for companies unable to secure financing.
Electric aircraft startup Lilium ceases operations, 1,000 workers laid off | TechCrunch
Lilium, an electric aircraft startup, has ceased operations and laid off about 1,000 workers due to financing issues and insolvency.
Lilium stock price plummets to penny territory as FAA green light for flying taxis can't save it from insolvency
Lilium's subsidiaries are expected to file for insolvency due to insufficient funds, causing a significant drop in share price.
Shuttered electric air taxi startup Lilium may be saved after all | TechCrunch
Lilium, an electric air taxi startup, is being acquired by Mobile Uplift Corporation after ceasing operations and intends to restructure and rehire laid-off workers.
Electric aircraft startup Lilium has run out of money | TechCrunch
Lilium aircraft startup is shutting down due to financial troubles and failure to raise emergency funds from the German government.
Air taxi maker Lilium is out of money and will cease operations
Lilium has gone into insolvency due to failed funding efforts, halting air taxi production.
The competitive eVTOL market poses significant challenges for companies unable to secure financing.
Electric aircraft startup Lilium ceases operations, 1,000 workers laid off | TechCrunch
Lilium, an electric aircraft startup, has ceased operations and laid off about 1,000 workers due to financing issues and insolvency.
Lilium stock price plummets to penny territory as FAA green light for flying taxis can't save it from insolvency
Lilium's subsidiaries are expected to file for insolvency due to insufficient funds, causing a significant drop in share price.
Shuttered electric air taxi startup Lilium may be saved after all | TechCrunch
Lilium, an electric air taxi startup, is being acquired by Mobile Uplift Corporation after ceasing operations and intends to restructure and rehire laid-off workers.
Typhoo Tea collapses into administration - London Business News | Londonlovesbusiness.com
Typhoo Tea, after 120 years, has entered administration due to significant losses and cash flow issues, seeking a potential rescue deal.
Harland and Wolff parent company to enter administration
Harland and Wolff, a historic shipyard, is entering administration due to insolvency and plans to sell subsidiary shipyards to interested buyers.
Titanic builder Harland and Wolff to enter administration
Harland and Wolff has entered administration for the second time in five years, resulting in significant job losses but operational continuity for shipyards.
The seven south east London Body Shop stores at risk as chain enters administration
The future of seven south east London Body Shop stores is uncertain as the chain has gone into administration.
The administration process will only affect the UK business, and international franchises will not be impacted.
Typhoo Tea collapses into administration - London Business News | Londonlovesbusiness.com
Typhoo Tea, after 120 years, has entered administration due to significant losses and cash flow issues, seeking a potential rescue deal.
Harland and Wolff parent company to enter administration
Harland and Wolff, a historic shipyard, is entering administration due to insolvency and plans to sell subsidiary shipyards to interested buyers.
Titanic builder Harland and Wolff to enter administration
Harland and Wolff has entered administration for the second time in five years, resulting in significant job losses but operational continuity for shipyards.
The seven south east London Body Shop stores at risk as chain enters administration
The future of seven south east London Body Shop stores is uncertain as the chain has gone into administration.
The administration process will only affect the UK business, and international franchises will not be impacted.
Budget tax rises could push more firms into trouble, says insolvency specialist
Increased employment costs and higher interest rates may push UK businesses into insolvency, prompting more demand for insolvency and recovery advice.
Surge in voluntary liquidations sparks abuse of process concerns
The sharp rise in creditors' voluntary liquidations in the UK is raising concerns about potential abuse and lack of scrutiny.
Record number of UK businesses at risk of collapse ahead of critical autumn budget
UK businesses are experiencing unprecedented financial distress, highlighting economic fragility as the government prepares new budget proposals.
Half a million firms in significant' financial distress as UK's economy stagnates
More than 550,000 British firms face financial distress due to high interest rates, low consumer confidence, and pandemic-induced debt, potentially leading to insolvency.
Budget tax rises could push more firms into trouble, says insolvency specialist
Increased employment costs and higher interest rates may push UK businesses into insolvency, prompting more demand for insolvency and recovery advice.
Surge in voluntary liquidations sparks abuse of process concerns
The sharp rise in creditors' voluntary liquidations in the UK is raising concerns about potential abuse and lack of scrutiny.
Record number of UK businesses at risk of collapse ahead of critical autumn budget
UK businesses are experiencing unprecedented financial distress, highlighting economic fragility as the government prepares new budget proposals.
Half a million firms in significant' financial distress as UK's economy stagnates
More than 550,000 British firms face financial distress due to high interest rates, low consumer confidence, and pandemic-induced debt, potentially leading to insolvency.
SaltWire's money woes a sign of bigger problems in the newspaper business: experts | CBC News
The decline in local journalism is accelerating with closures and cutbacks of news operations.
SaltWire Network facing financial challenges, with a private equity firm initiating insolvency proceedings.
Four London pubs go up for sale - including the Ten Bells
Four pubs run by East London Pub Co. have been put up for sale due to cost-of-living pressures and work from home initiatives.
The London bar scene has struggled to return to pre-pandemic levels as the inflation of alcoholic drinks reached its highest level since the early 1990s.
Company insolvencies fell in May - London Business News | Londonlovesbusiness.com
Insolvencies in England and Wales decreased by 6% from the previous month and are 21% lower compared to the same period last year.