UK govt declares Hasan Nawaz ‘deliberate tax defaulter’

Former prime minister Nawaz Sharif’s son Hasan Nawaz Sharif. — AFP/File LONDON: The United Kingdom (UK) government’s Revenue and Customs (HMRC) has declared Hasan Nawaz, son of PML-N President and former prime minister Nawaz Sharif, as a “deliberate tax defaulter”. The UK government has updated the list of defaulters on its official website, which included…

R3 responds to February 2025 insolvency statistics

Jodie Wildridge, deputy chair of the UK’s insolvency and restructuring trade body R3 in Yorkshire and a barrister at Exchange Chambers in Leeds Jodie Wildridge, deputy chair of the UK’s insolvency and restructuring trade body R3 in Yorkshire and a barrister at Exchange Chambers in Leeds, says: “The monthly increase in corporate insolvencies is driven…

What happens in Sweden when a company goes bankrupt?

The battery giant Northvolt this week began laying off employees after declaring itself bankrupt last week. What is the process in Sweden when a company goes bankrupt? Company files for bankruptcy  In Sweden, the bankruptcy process begins when either the company itself or one of its creditors applies to the local court where the company…