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EY Makes GBP 25 Million Managing British Steel Sale

Steel News - Published on Mon, 18 Nov 2019

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The Daily Mail reported that accounting firm EY has been raking in GBP 1 million a week running British Steel since it collapsed. It means EY has made about GBP 25million so far and stands to make as much as GBP 40million if British Steel is not sold until the end of February

Its restructuring specialists were appointed by the Official Receiver in May, with Government funding keeping British Steel going while a buyer is sought.

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Posted By : Rabi Wangkhem on Mon, 18 Nov 2019
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