Online sports betting has become a ‘public health issue’ that is driving young men into huge debt, getting them blacklisted by payday loans and ruining their family lives, new study claims New study from the University of Bath interview young men who bet on sports Subjects kept a 30-day diary of all their sports bets…
Image copyright Getty Images Sandwich chain Pret A Manger is to close 30 outlets and is expected to cut at least 1,000 jobs at other shops as part of a post-pandemic restructuring. The company said the impact of coronavirus on trading meant it had to make a “difficult decision”. Pret said it needed to reduce…
Not all advice is good advice. And when it comes to advice on how to better manage your finances, there are a lot of common misconceptions floating around that experts are eager to discredit. CNBC SelectaskedLeslie Tayne, a debt-relief attorney and founder of Tayne Law Group, about some of the bad advice her clients have…
Monday, July 6, 2020 On 26 June 2020 theCorporate Insolvency and Governance Act 2020(the Act) came into force, introducing a number of temporary measures to assist companies facing financial difficulties as a consequence of COVID-19. These temporary provisions apply retroactively to cover the period commencing 1 March 2020 (26 March 2020 with respect to corporate…
Islamabad [Pakistan], July 6 (ANI): Pakistan will sign its debt relief agreement with G20 countries separately before the deadline of December 31, 2020, in order to avail debt relief of slightly over USD 2 billion (Rs 335 billion) to mitigate negative effects of COVID-19 pandemic, as per media reports. A top official of the Finance…
AvnerRadomskyandMichaelGoldstein, directors ofRG Insolvency, were appointed as joint liquidators of Twinmar on 19 June. A new subsidiary of the Twinmar Group, Twinmar London, bought Sole Trader’s assets, including its stock. It will permanently close eight of its37 stores in the UK, including its branches in Westfield Stratford City and Milton Keynes. The 29 remaining Soletrader…
Willie Breedt, the alleged bitcoin and cryptocurrency scammer, has been declared bankrupt, according to a report by News 24. Earlier it was reported that around 2 000 investors in Breedts defunct company, VaultAge Solutions (VS), stand to lose around R227 million after promises by Breedt to pay out their investments and growth were not honoured.…
A surge in use of online sports betting platforms, and promotional tactics such as free bets to hook users in, pose a significant and growing public health challenge which needs urgent attention from policymakers, according to the author of a new academic study. Writing in the Journal of Public Health, Dr Darragh McGee from the…
With international travel plans axed, employees working less hours and some savings accounts looking thinner, Aussies are starting to tighten their wallets. This is according to MyState Bank, who found that a large 44% chunk of Australians are wanting to cut back on spending on discretionary items for the rest of this year. The survey…
Mayfair 101s IPO Wealth declared voluntary administration and appointed administrators from Cor Cordis in an attempt to prevent its trustee, Vasco, to prevent a fire sale of its assets. But the Supreme Court of Victoria has now decided that it was appropriate for Vasco to appoint receivers from insolvency firm Dye & Co a move…