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The Latest Breaking News from AlixPartners

BrewDog creditors owed £190m will not be paid in full, say administrators

There are ‘insufficient funds’ to pay unpaid wages, tax owed to HMRC and overdue bills, accountants say

The Guardian - UK

Why Brewdog’s staff won’t be paid thousands in owed wages despite US rescue deal

Former employees and certain creditors of BrewDog ’s collapsed retail division are expected to receive no money following the firm’s administration due to a lack of available funds. American drinks company Tilray previously bought the BrewDog brand, intellectual property, UK breweries and 11 bars in a £33 million rescue deal,…

The Independent UK

Supermarkets are not adapting fast enough for Gen Z households, researchers discover

Younger shoppers rely on prepared foods, focus on pricing and shop online more than their Gen X and baby boomer parents

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

‘How’s this joker got my details?’: BrewDog founder faces complaints over emails to ‘equity punks’

Exclusive: Watchdog asked to look into how James Watt got data of ex-crowdfunders he invited to join buy-back bid

The Guardian - UK

LCID Stock Alert: What to Know as Lucid Slams 'Completely False' Bankruptcy Rumors

Lucid shares rallied today as management refuted bankruptcy rumors. Here’s why LCID stock is worth buying into strength today.

Barchart

'Completely False': Lucid Denies Report That It's Weighing Bankruptcy After Shares Crash

A report that Lucid was considering bankruptcy triggered a massive selloff and an official denial from the automaker.

InsideEVs

Morgan Stanley was among first global banks to back MFS before boom and bust

Morgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt. Documents reveal the US investment bank bought £50 million in loan notes from a company controlled by MFS founder Paresh Raja. This early support lent credibility to MFS, which later…

The Economic Times

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China’s passenger car exports surge nearly 85% in April as domestic sales slump

China’s exports of passenger cars have surged in April, according to an industry group

The Independent UK

‘Existential Risk’: Western Car Companies Are Blowing The Software Race

They thought subscriptions were an easy route to profit. But you can't get subscription revenue if you're not offering a great software experience off the bat.

InsideEVs

At Beijing auto show, Chinese carmakers flaunt new technologies as global competition heats up

China’s top automakers are showcasing their latest models and technologies from intelligent driving to ultrafast charging in Beijing as they compete with global rivals in overseas markets

The Independent UK

Brewdog sold to US firm for £33m with 38 bars to close and 484 jobs lost

Almost 500 redundancies will be made, though more than 700 roles will be preserved

The Independent UK

Why BrewDog has temporarily closed down all of its UK sites

IN FULL

The Independent UK

BrewDog could be broken up as craft beer business put up for sale

Brewer last month said it was closing its distilling brands, prompting concerns for jobs at its Scottish facility

The Guardian - UK

BrewDog owners say craft beer company could be sold off

The brand, which produces Elvis Juice and Punk IPA, is looking for new investors

The Independent UK

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news in one place.

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The Independent UK

Craft beer brewer BrewDog could be broken up as sale process begins

The beermaker has appointed consultants AlixPartners to oversee a sale process.

InsideEVs

We Built Too Many EV Battery Factories. Here's What Happens Next

Battery manufacturers are facing a demand crisis, a new report from AlixPartners says. Solving it isn't going to be easy.

The Guardian - UK

Driving competition: China’s carmakers in race to dominate Europe’s roads

Chinese manufacturers are using the electric transition to seize market share, with the UK as their gateway

Fortune

These co-CEOs swear by splitting the job: 'The demands on a modern CEO are close to unsustainable'

As Oracle, Spotify and Comcast announce co-CEOs, it's vital to understand what makes good partnerships tick.

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news in one place.

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The Guardian - UK

Thames Water spent £136m on securing emergency funding, leaked document suggests

‘Atypical expenditure’ document suggests utility’s costs over 12 months outstripped the £130m it paid in fines

InsideEVs

China’s EV Boom Could Turn Into The Hunger Games

Out of almost 130 electric car manufacturers, only 15 could survive by 2030, according to a new report.

InsideEVs

Why GM And Stellantis Want To Kill Fuel Efficiency For Good

The Corporate Average Fuel Economy rules that shaped the modern car industry are on the chopping block. Plus: Western brands continue to slide in China.

InsideEVs

Trump Says He's Making Cars Cheaper. Nope

U.S. tariffs will cost the auto industry $30 billion in 2026, and with gas prices expected to rise and EV tax credits ending, there's little relief in sight.

International Business Times

Smart Driving New Front In China Car Wars Despite Fatal Crash

Intelligent driving features are the new battleground in China's merciless car market, with competition spurring brands to world-leading advances -- but a recent fatal crash has seen the government intervene to put the brakes on runaway enthusiasm.

International Business Times

Auto Shanghai Showcases New EV Era Despite Tariff Speedbumps

The world's largest auto industry expo opens its doors Wednesday in Shanghai, showcasing the new electric world order even as mounting trade barriers risk dampening China's global ambitions.

Fortune

The C-suite anxiety index: Here’s who’s worried about losing their job

Anxiety levels in the corporate world are actually lower this year than they were last year.

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