Directors’ Loan Accounts (DLA) have been a key part of the process for many business owners and directors taking an income from their companies for years. Often business owners will draw down on a DLA during the year and later clear the overdrawn balance with a dividend or bonus payment at the company’s year-end, rather…
Showbiz is all about the blinding glitz and glamor, but it is just as much about the persistent bickering in and around the stars deal on a daily basis. Although some artists are too well-versed in the cruelty of the entertainment capital, not everyone belongs to the camp. Yet, despite steering clear of the archetype…
Global roundtable sees rising debt risks for low-income countries as uncertainty mounts Reuters Read the original article here
Governor of the Bank of Ghana, Dr Johnson Asiama Governor of the Bank of Ghana, Dr Johnson Asiama, has given a stark warning about Africa’s escalating debt crisis, calling for urgent international action to prevent further setbacks to the Sustainable Development Goals (SDGs). Speaking at the African Consultative Group Meeting in Washington, D.C., on April…
More people are thinking about filing for bankruptcy in today’s tough economic environment, but that’s hardly the only option available to you. Getty Images/iStockphoto Amid today’s economic hurdles, Americans are increasingly finding themselves at a financial breaking point. As a result, interest in personal bankruptcy is climbing. According to the latest data from LegalShield, a…
Window coating startup buys failed Tesla supplier’s Michigan plant for new HQ Crain’s Detroit Business Read the original article here
‘Queen of Property’ retires from NZ as company faces fresh liquidation action Stuff Read the original article here
Source: James Walsh/Penske Entertainment / other SPEEDWAY, Ind — The Indianapolis Motor Speedway, Indianapolis Colts, Verizon, and Team Penske have teamed up to provide $6 million in debt relief for veterans in Indiana over the next two years. Team Penske is contributing $4 million in May, including $1 million for 2025 and an additional $1…
U.S. Department of Education: ‘There will not be any mass loan forgiveness’ EducationNC Read the original article here
Many African countries are contending with crippling debt service obligations with about half of Sub-Saharan African countries at high risk of, or already in debt distress at the end of 2024, Governor of the Bank of Ghana, Dr Johnson Asiama has said. Dr Asiama said that this severely constrains fiscal space for essential social and…