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The Latest Breaking News from Grant Thornton

Porter Davis owes Commonwealth Bank $33m: documents

Documents filed with the corporate watchdog show the Commonwealth Bank of Australia is owed millions by home builder Porter Davis, which collapsed last month.

AAP

New builder to complete hundreds of Porter Davis homes

Liquidators Grant Thornton has confirmed Nostra Property Group will complete up to 375 homes for collapsed home builder Porter Davis.

The New Daily

Home builders plead for government help after collapse of construction firm Porter Davis

Some who have lost tens of thousands of dollars due to the collapse of construction firm Porter Davis broke down as they shared their stories on the steps of Victoria's parliament.

ABC News

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Porter Davis liquidators unable to find suitable buyer to take over building of 1,700 homes

Grant Thornton hopes to finalise discussions about solutions for parts of the builder in the next week

The Guardian - AU

Near-finished Porter Davis homes will be completed

Porter Davis liquidators have been working to find solutions for staff and clients since the home building company collapsed a week ago.

AAP

Premier backs call to not bail out beleaguered builder

Authorities are probing whether one of Australia's largest home builders illegally took deposits from customers before securing their insurance policies.

AAP

Some deposits lost as Porter Davis liquidators urge patience

Property owners caught up in the collapse of Porter Davis will lose their deposits as plans for their homes are held hostage.

The New Daily

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Customers of collapsed home builder Porter Davis left in limbo as liquidators scramble to find buyer

Liquidators appointed to take over collapsed Victorian home builder Porter Davis have warned some customers who had paid a deposit, but not had received permits, have been left uninsured.

ABC News

Major home builder Porter Davis collapses, leaving jobs in limbo

One of Australia's largest home builders has collapsed, leaving thousands of customers in the lurch, while a second construction business has entered

The New Daily

Endor Labs launches 100% channel commitment with new partner programme

Dependency lifecycle management specialist Endor Labs has cut the ribbon on its new global partner programme Hyperdrive, as well as announced a 100% channel commitment. The new channel initiative has been designed to help partners leverage Endor Labs’ technology to create “powerful technology combinations” for supply chain security, dependency selection,…

IT Pro

Scottish business leaders share their hopes for Budget as Jeremy Hunt vows to go for growth

Announcements due on energy bills and childcare support

Insider UK

Bank to create 1,000 Manchester jobs after signing deal to open major city centre office

Starling Bank is to move into the building which is already home to HSBC, Santander and Grant Thornton

Manchester Evening News

Starling Bank to create 1,000 jobs in Manchester after signing Landmark deal

Other tenants include Santander UK, RSM, HSBC UK and Grant Thornton

Birmingham Post

Wirral council criticised for 'significant weaknesses' in past finance management

The independent report said the council had improved since and addressed some of the issues

Liverpool Echo

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Nottingham Post

Scheme to stamp out rogue Nottingham landlords caused some rents to rise, says report

Under the current scheme 32,000 properties must have a licence

Birmingham Post

Craigavon's Rushmere Shopping Centre sold to local investors

The shopping centre had been in administration since April 2022

Insider UK

Harper McDermott becomes employee owned

70 staff members have now all become part-owners of the business

Birmingham Post

Celtic and Co parent firm adds Somerset women’s fashion brand to portfolio

The deal is the third Refined Brands has completed in recent months

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Insider UK

Gloomy economic forecasts fail to dampen mid-market mood in Scotland

Revenue and profit growth expectations both up significantly since October

Liverpool Echo

Wait goes on for independent investigation into Liverpool Council

Bristol-based firm TLT LLP is yet to report back meaning audits can't be signed off

Bristol Post

Bristol region's political leaders promise to get along better following damning report

"'Compromise’ should not be a dirty word when it comes to the combined authority.”

Bristol Post

'Damning' WECA report into council chief spat prompts plea to 'play nicely'

Leaders have been criticised for the "poor state of professional relationships" between them

Bristol Post

WECA boss warned £59,000 severance deal for senior officer was 'unlawful'

Auditor Grant Thornton also found payout was not value for taxpayers

Chronicle Live

BrightHouse customers will have to repay loans as accounts are sold on

Clients of collapsed rent-to-own firm will have to continue payments and mis-selling claims can not be honoured

Bristol Post

Report on WECA leaders' spat 'gathering dust for four months'

Initial findings by auditors probing a "risk of significant weakness” in the use of taxpayers' money were shown to combined authority bosses in June but councillors are still in the dark

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