We use some essential cookies to make this website work. We’d like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. We also use cookies set by other sites to help us deliver content from their services. Read the original article here
Autumn tax rises ‘increasingly likely’ Despite UK government borrowing slightly undershooting forecasts so far this financial year, tax rises in the autumn are likely. That’s the view of City consultancy Capital Economics, who told clients this morning: Despite the overshoot in May, public borrowing was £2.9bn below the OBR’s forecast in the first two months…
Insolvencies Jump to 11-Month High as UK’s Tax Hikes Take Toll Bloomberg.com Read the original article here
A Christchurch hair salon based at Northlands Mall has been placed into liquidation. Rodney Wayne Northlands officially ceased trading on 10 June 2025, and liquidators Lynda Smart and Derek Ah Sam of Rodgers Reidy were appointed that afternoon following a shareholder resolution. Other Rodney Wayne stores are not affected. In a report, the liquidators said…
Issue of Debt Business Wire Read the original article here
Jaiprakash Associates Ltd. (JAL), the debt-laden infrastructure and real estate giant, has attracted significant attention from a diverse set of prominent suitors, with six resolution plans making the cut for final consideration. Among the shortlisted bidders are industry stalwarts such as Adani Group, Vedanta, JSPL (Naveen Jindal), Suraksha Group, Dalmia Bharat, and PNC Infratech. These…
Carteret County students will now enter a new school year, lunch debt free. That’s thanks to a local organization. You may remember from last summer, they kept the community entertained, they also supported students. It was called the ‘sign wars.’ Stores and restaurants went back and forth with funny signs, even going viral. Gaffer’s in…
The corporate affairs ministry has finalised amendments to the Insolvency and Bankruptcy Code (IBC), following approval by the Prime Minister’s Office (PMO), people with knowledge of the matter said. This comes after months of deliberations and is aimed at expediting the resolution of bankrupt firms and bolstering recoveries by creditors. The proposed amendments include a…
We outline below how these legal principles play out in some recent worked examples and matters we have been involved in. Acting for the administrators of a joint venture mining company We act for the administrators of a joint venturing mining company. The company’s largest secured creditor proposed a deed of company arrangement in relation…
Melbourne building collapses into voluntary administration – leaving projects in the lurch MSN Read the original article here