Former mayoral candidate’s company facing liquidation – The Press
Former mayoral candidate’s company facing liquidation The Press Read the original article here
Kate Garraway sells investment property to help pay off £800,000 debt
TV presenter Kate Garraway has reportedly had no other choice to sell her second home as she battles with a £800,000 debt. In 2024, Garraway revealed she was spending £16,000 a month on care for her husband Derek Draper before he died in January that year at the age of 56 after a lengthy battle…
NOCK declared “technically insolvent” as MPs order special audit into state oil agency
The National Oil Corporation of Kenya (NOCK) has been declared “technically insolvent” by a parliamentary watchdog committee, which has now ordered a special audit into the agency’s operations. According to the National Assembly’s Public Investments Committee on Commercial Affairs and Energy, NOCK is unable to meet its recurrent expenditures, owes over Sh7.4 billion in…
South London companies with faked accounts claiming £1.6bn turnover shut down by High Court – MSN
South London companies with faked accounts claiming £1.6bn turnover shut down by High Court MSN Read the original article here
Companies with faked accounts claiming £1.6bn turnover shut down by High Court
“Protecting the integrity of the Companies House register is crucial because UK businesses rely on this information to make informed decisions about who they trade with, lend to, and invest in. When companies submit false information, it undermines confidence in our entire business environment.” Read the original article here
Can State Student Debt Relief Programs Make a Difference?
Despite historic student debt relief during the Biden administration, nearly 43 million Americans still carry student loan debt, and many struggle to repay their loans. In fact, more than 5 million borrowers are in default on their federal student loans, and the number of borrowers in default is expected to increase to as many as…
Brightmark’s Subsidiaries Declare Bankruptcy Amid Chemical Recycling Debt Crisis
US-based chemical recycling company Brightmark has filed for bankruptcy for three subsidiaries associated with its Ashley, Indiana pyrolysis plant. The affected entities are Brightmark Plastics Renewal LLC, Brightmark Plastics Renewal Indiana, and Brightmark Plastics Renewal Services LLC. According to court filings in the United States Bankruptcy Court for the District of Delaware, these subsidiaries…
Parliament Orders Special Audit of National Oil Corporation, Declares It Technically Insolvent
The Public Investments Committee on Commercial Affairs and Energy has declared the National Oil Corporation technically insolvent and questioned its deal with a private fuel station chain in Kenya. A session scheduled by the committee with NOCK officials on Thursday was also suspended, with the MPs citing grave concerns over the financial mismanagement and rising…
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