Latest Accountant in Bankruptcy figures have shown that business insolvency numbers (liquidations and receiverships) in Scotland for Q1 2025-2026 increased by 17.3% compared with Q1 2024-2025, to a total of 332. The number of business insolvencies (liquidations and receiverships) in Scotland for Q1 2025-2026 increased by 12.9% compared with the previous quarter’s total of 294…
July 24, 2025 Photo: Depositphotos.com The Dutch branch of Mexican fast food chain Taco Bell has been declared bankrupt by a court in Rotterdam, following years of limited success in the market. The company behind the franchise, T Bello Netherlands, operated 11 Taco Bell outlets in cities including Amsterdam, Rotterdam, Eindhoven and Utrecht. It is…
In a boost for first homebuyers, National Australia Bank will disregard student debt under $20,000 in assessing home loan applications. NAB is the latest big bank to adjust its home lending rules around student debt. From 31 July, NAB will ignore HELP debt of $20,000 or less in its home loan assessments. It essentially means…
NAB Executive for Home Ownership Matt Dawson said this change will make a real difference for first-home buyers especially. “For too long HELP debt has been a roadblock for many Australians looking to buy a home,” said Mr Dawson. “NAB was pleased to advocate for this change last year which will allow more people to…
The goal is to repurpose the industrial site The Luxembourg government has officially proposed to purchase the insolvent Liberty Steel plant in Dudelange, according to RTL. According to a statement from the Ministry of Economy, the aim of this move is to repurpose the industrial site to support national economic development and job creation. Although…
Semiconductor company goes bankrupt amid pressure from Chinese rivals originally appeared on TheStreet. A once-promising Japanese chipmaker has collapsed under mounting debt, a slowdown in electric vehicle (EV) sales, and a surge in supply from Chinese rivals. The company filed for bankruptcy protection last week, less than three years after its widely heralded launch in…
She believes that if university education is going to saddle students as young as 17 with this level of debt, which could follow them around for life, extra measures need to be put in place. “I think it should be either compulsory financial literacy training or there should be compulsory financial disclosures and all the…
Bedford to enter voluntary administration Port Lincoln Times Read the original article here
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Disability support service and employer Bedford will go into voluntary administration in the coming days. In a statement it said that, after an “exhaustive negotiation process with the state and federal governments, banking and commercial partners NAB”, it had advised its clients, families and staff that the organisation was expected to enter voluntary administration on…