Lingerie brand that introduced Wonderbra to UK liquidated

Gossard Limited appointed administrators on May 14, 2026, and has officially ceased trading. Founded in 1901, the company introduced the Wonderbra to the UK in the 1960s and became synonymous with innovative lingerie throughout the decades. The Wonderbra gained iconic status in the 1990s, but Gossard was equally known for its wider range of underwear…

BT Explainer: Tax free G Secs for FIIs: Can the move help bridge India’s ₹4.76 lakh cr funding gap?

In a major policy push to attract overseas capital, the Centre has exempted foreign investors from paying taxes on interest income and capital gains earned from investments in Indian government securities (G-Secs). The move, coupled with RBI measures to boost dollar inflows, is aimed at strengthening India’s external position at a time of rising geopolitical…

Commentary – Company Insolvency Statistics July to September 2023

1. Main messages for England and Wales Between 1 July and 30 September 2023 (Q3 2023), there were 6,208 (seasonally adjusted) registered company insolvencies, as shown in Figure 1, comprising 4,965 creditors’ voluntary liquidations (CVLs), 735 compulsory liquidations, 466 administrations, 41 company voluntary arrangements (CVAs) and one receivership appointment. After seasonal adjustment, the number of…

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