No seriously, why are we still working? Mike Dowson explains in simple terms the great con that keeps you chained to the wheel. This may be an opportune moment to consider the question. Especially if youre not actually working. You may have retired. Perhaps youve just left university, considering your options. Perhaps youre taking a welcome break. Maybe…
More than 100,000 businesses were owed money by companies and individuals that became insolvent during 2015, according to insolvency trade body R3. In total, around 113,000 businesses, the equivalent to 6% of all businesses in the UK were creditors in an insolvency procedure. Medium-sized businesses those employing 51-250 people were most likely to have been…
Whether youve been left with a debt hangover after the holidays or are still struggling to pay off the debt load youve acquired over the years, make 2016 the year you free yourself of the burden of credit card debt and loans. The new year is the perfect time to put together a debt payoff…
A photography business alleged to have taken advantage of vulnerable consumers has collapsed into voluntary administration. Lifestyle Photographers, which formally traded as Expression Sessions, appointed external managers on Monday. Dragan Ljubic from Tribeca Advisory has been appointed administrator, with the first creditors meeting due to be held on January, 14 in Parramatta, New South…
1/6/2016 – by World Grain Staff WINNIPEG, MANITOBA, CANADA LWP Capital Inc., formerly known as Legumex Walker, announced on Jan. 5 that it has completed liquidation of its business. The company also announced its wholly owned subsidiary has completed the divestiture of its 84% ownership interest in Pacific Coast Canola LLC (PCC) to…
Businessman Kevin McConnon, joint owner with his wife, Yvonne, of McConnon Meats Ltd, was yesterday granted a 40-day extension to a High Court order protecting him from any action by creditors pending negotiation of a personal insolvency arrangement. Barrister Keith Farry, counsel for Mr McConnon told Mr Justice Robert Eagar that a 70-day protective certificate…
©iStock Thousands of entrepreneurs are expected to liquidate their companies over the next three months amid fears that an imminent tightening of the tax rules will more than triple their bills. Advisers said many small company owners were drawing up plans to lock in tax rates as low as 10 per cent when they extract…
Borrowers who took out loans from payday lender Cash Genie have been urged to come forward to claim compensation after the firm went into liquidation. The company, which offered short-term loans at an annual interest rate of 2,986%, was hit with a £20m compensation bill in July 2015 after it admitted to the financial regulator…
Jan 6 Macintosh Retail Group NV : * Hoogenbosch Retail Group BV and subsidiaries declared bankrupt by the court in Limburg * Suspension of payment for Scapino has been granted Source text for Eikon: Further company coverage: (Gdynia Newsroom) Read the full article at: http://www.reuters.com/article/idUSFWN14P04520160106
More than 100,000 businesses in the UK were owed money from insolvent companies and individuals in 2015 Approximately 6% of all UK businesses, or 113,000 in total, were creditors in an insolvency procedure in last year, according to research by insolvency trade body R3. Phillip Sykes, R3 president Growing businesses encounter two classic problems:…