Richard Bathgate, restructuring partner and licensed insolvency practitioner at Johnston Carmichael LLP, has been appointed interim liquidator of Centurion Plumbing Services (Scotland) Ltd. The company, which operated depots in Muir of Ord and Elgin, ceased trading on 31 March 2026 due to significant cash flow challenges. All 10 staff were made redundant by the director.…
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The online sports betting boom is pushing some Gen Z and young millennial gamblers into bankruptcy. Loading audio narration… Consumer bankruptcy attorneys told Business Insider that over the past year or so, they’ve seen a surge of young clients — mostly men… Read the original article here
A major British supermarket chain has warned it could collapse, putting hundreds of stores and thousands of jobs at risk. The business is now scrambling to secure a merger deal as it faces the threat of going bust. Southern Co-op has warned members it faces collapse into administration following three consecutive years of financial losses.…
UK car tyre garage plunges into liquidation – in business since 1987 MSN Read the original article here
The company behind a beloved pub in Norfolk, which closed its doors earlier this month, has entered liquidation. TWM Norfolk Limited, the company which operated The Queens Head in Wymondham, is being wound up voluntarily after appointing liquidators, it has been revealed. The pub’s owners, husband-and-wife Nick and Victoria Anderson, cited rising renovation costs and…
Hydrogen bike pioneer Pragma Industries enters liquidation Bike Europe Read the original article here
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From Sola Ojo, Abuja In a major boost to Nigeria’s aviation sector, President Bola Tinubu has approved a 30 per cent reduction in statutory debts owed by domestic airlines, a move aimed at easing financial strain and sustaining operations amid rising fuel costs. At a meeting with government officials two days ago, key airline operators…
The City of Ekurhuleni has called on financially distressed residents to apply for debt rehabilitation under its newly approved revised debt relief and rehabilitation incentive scheme. Executive Mayor Nkosindiphile Xhakaza emphasised that consistent payment for municipal services remains essential to the city’s sustainability and service delivery efforts. “Without revenue, there can be very little service…