Market participants are increasingly focused on a developing liability management strategy in which borrowers and majority lenders are exploring whether amendments to grace periods and Event of Default provisions can be used to delay both interest and principal payments.

Mumbai’s salt pans are no longer just remnants of its salt making industry, they now stand at  the centre of the city’s land use debate.

In a significant policy shift that will breathe a collective sigh of relief into boardrooms across the UK, the Labour government has reportedly dropped its flagship pledge to introduce “day one” protection from unfair dismissal.