A NURSERY school owner from Prestwich has been banned from running a company for six years after failing to pay staff the minimum wage. Joanne Ward, aged 43, underpaid 12 employees at her nursery, Cygnets to Swans in Whittaker Lane, dating back to April 2010 and totalling £11,789. The amounts underpaid to each employee range…
People struggling with unmanageable finances will be able to get free debt help as a new home service will be opening in Matlock. Christians Against Poverty, CAP, will be launching its debt centre to help those with money worries. Centre manager Jackie Hughes, from Church in the Peak in the Town, said: The Church has…
While investors have spent much of the recent few quarters looking toward commodities as a source of risk, a new saga has been opening. One that all investors should at least be aware of. The second chapter of this saga was concluded this week. In an addendum to Februarys 2015 results Credit Suisse (NYSE: CS)…
Troubled Spanish renewable energy group Abengoa may already have the support of around 40 per cent of its creditors for a restructuring proposal to avoid what could be the biggest bankruptcy in Spanish history, but ratings agency Moodys is maintaining its negative outlook, pointing out that a deadline by which it needs to strike an…
People struggling with unmanageable finances will be able to get free debt help as a new home service will be operating in Belper next month. Christians Against Poverty, CAP, will be launching its debt centre on Friday, April 15. Centre manager Riaan Van Wyk, from Belper Community Church, said: I believe there is a real…
While investors have spent much of the recent few quarters looking toward commodities as a source of risk, a new saga has been opening. One that all investors should at least be aware of. The second chapter of this saga was concluded this week. ////> In an addendum to February’s 2015 results Credit Suisse(NYSE: CS)…
March 24, 2016 1:05 p.m. ET FRANKFURTGerman fashion company Steilmann SE jolted investors Thursday by saying it would file for insolvency less than five months after going public, a move that raises questions about its bank advisers and auditor. The clothing maker, which focuses on women over 45, said late Wednesday recent developments and failed restructuring negotiations led to…
BERLIN/FRANKFURT, March 24 The DAX top-30 index looked set to open 0.6 percent lower on Thursday, according to premarket data from brokerage Lang & Schwarz at 0716 GMT. The following are some of the factors that may move German stocks: VOLKSWAGEN Indicated 0.6 percent lower Two sources told Reuters that Volkswagen was not expected to…
by Jonathan Garcia HM Government of Gibraltar commenced legislation on 24 March 2016, providing for Limited Liability Partnerships and this is the latest addition to the expanding suite of Gibraltar products that can now be offered. The Limited Liability Partnership is a very flexible vehicle and has been primarily designed with professional service providers in…
Scott M. Himes and Brent Weisenberg In today’s investment world, private equity firms, investment managers and other investors often acquire a substantial interest in a business and, as a consequence, earn the right to put “their people” on the company’s board. That person then becomes a “dual fiduciary”someone with fiduciary obligations to his or…