The Latest Breaking News from Teneo

More than 200 people stood down at embattled housing developer Bathla amid $3.4bn debt

Sydney-headquartered group suspends work on some of its 45 construction sites affecting 60% of workforce

The Guardian - AU · Sep 7

Time running out to keep housing developer afloat

Administrators of embattled housing developer Bathla Group hope to secure a short-term funding package to keep the group afloat, but time is running out.

AAP · Sep 4

Shaky foundations: Bathla’s downfall is one of many warning signs for Australia’s construction industry

Thousands of buyers are in limbo as developer goes into administration, in crisis that casts more doubt on housing targets

The Guardian - AU · Sep 4

Lufthansa Group cancels 20,000 flights as jet fuel prices soar

The group, which includes Austrian Airlines, Brussels Airlines, ITA Airways and SWISS, said it has focused cuts on "unprofitable short-haul flights" through to October.

Euronews · Apr 22

WH Smith buyer seeks help with dozens of shops at risk of closure

WH Smith sold its high street stores to Modella last year, but held onto its travel shops

The Independent UK · Mar 2

TG Jones owner calls in help for possible shop closure plan – reports

Modella Capital is reportedly in talks with Teneo over a plan for the chain, formerly WH Smith’s high street shops.

Evening Standard · Mar 2

CEOs seem determined to keep spending on AI - despite mixed success

Slightly more CEOs plan on spending cash on AI as positive economic outlooks dwindle.

TechRadar · Dec 15, 2025

UK court freezes £150m of assets of collapsed Prax Lindsey oil refinery owner

Newly published filings reveal granting of request by companies suing Sanjeev Kumar for breach of duties

The Guardian - UK · Sep 4, 2025

Government to cover pay and pensions at collapsed South Yorkshire steelworks

Unions receive assurances after state takes control of Liberty Steel plants that were put into administration

The Guardian - UK · Aug 22, 2025

Loan ‘irregularities’ led to collapse of Prax Lindsey oil refinery

Administrator was appointed after parent company State Oil given new information about £783m loan

The Guardian - UK · Aug 20, 2025