Ola electric subsidiary faces insolvency plea over payment default – MSN
Ola electric subsidiary faces insolvency plea over payment default MSN Read the original article here
Compulsory liquidations hit decade-long high as firms face rising costs
Some 393 companies were forced to wind up in February across England and Wales – the highest monthly number since September 2014, the Insolvency Service said. Compulsory liquidation is when a firm is ordered to shutter by a court because it is unable to pay its debts. Meanwhile, the number of overall companies closing down…
Former staff of South Canterbury business paid, liquidators say – The Press
Former staff of South Canterbury business paid, liquidators say The Press Read the original article here
Insolvency-related activity increases across Portsmouth and South East region – Portsmouth News
Insolvency-related activity increases across Portsmouth and South East region Portsmouth News Read the original article here
Hospitality insolvencies rise again following ‘particularly tough’ start to 2025
The latest company insolvency statistics, published today (18 March), show accommodation and food services insolvencies also rose 3% when compared to the same month last year (January 2024: 265 insolvencies). However, in the 12 months to January 2025 insolvencies fell 7%, from 3,747 to 3,474. Commenting on the figures, Saxon Moseley, partner and head of…
Hospitality insolvencies rise again following ‘particularly tough’ start to 2025
The latest company insolvency statistics, published today (18 March), show accommodation and food services insolvencies also rose 3% when compared to the same month last year (January 2024: 265 insolvencies). However, in the 12 months to January 2025 insolvencies fell 7%, from 3,747 to 3,474. Commenting on the figures, Saxon Moseley, partner and head of…
Hospitality insolvencies in January not as bad as feared – London Business News
Today’s company insolvency statistics show accommodation and food services insolvencies fell 7% from 3,747 in the 12 months to January 2024 to 3,474 in the 12 months to January 2025. However, insolvencies in the sector increased 21% month-on-month, from 225 in December 2024 to 273 in January 2025, and were up 3% when compared to…
Hudson’s Bay Company Faces Uncertain Future Amid Possible Liquidation
While the future of the Hudson’s Bay Company remains uncertain, its Langley location offered signs Monday (March 17, 2025) of impending closure. The atmosphere inside the store reflected dwindling inventory and bare shelves. Cases once filled with watches were now empty, cosmetics counters were unattended, and employees revealed some unsettling news to customers, stating, “We…
Liquidated school lunch provider Libelle Group owes more than $14 million – Stuff
Liquidated school lunch provider Libelle Group owes more than $14 million Stuff Read the original article here
Experian offers debt relief during NCAA Tournament
Financial information company Experian is using the NCAA basketball tournament to promote financial literacy and the importance of managing debt with the help of Louisiana State University women’s basketball star and rapper Flau’jae Johnson. As part of the campaign, the company announced it would relieve $5 million of consumer debt for 5,000 families in Louisiana…