Corporate insolvencies soar to highest level in three years – economia

High borrowing costs and inflation are weighing heavily on businesses, official figures suggest. Company insolvencies rose 16% in March compared to the previous year as business owners struggled to contend with soaring costs and tougher economic conditions. Experts predict that more will follow, as the economy continues to stagnate. Last month there were 2,457 insolvent…

Marcus Rashford shows his class by giving bankrupt Wes Brown mates' rates on rented house – The Mirror

Manchester United star Marcus Rashford has come to the aid of Wes Brown by offering the bankrupt former Red Devil ‘mates’ rates’ on a rented house. Brown was declared bankrupt by the High Court a fortnight ago after falling into a six-figure debt with HMRC. The 43-year-old spent 15 years in United’s first-team after graduating…

Corporate insolvencies soar to highest level in three years – economia

High borrowing costs and inflation are weighing heavily on businesses, official figures suggest. Company insolvencies rose 16% in March compared to the previous year as business owners struggled to contend with soaring costs and tougher economic conditions. Experts predict that more will follow, as the economy continues to stagnate. Last month there were 2,457 insolvent…

R3 trade body for Dorset warns of 'real and present danger' following latest business insolvency figures – Business Live

Company insolvencies increased by nearly 20% in the first three months of 2023 compared with the same period last year. R3, the insolvency and restructuring trade body for Dorset has said that the figure of 5,747 corporate insolvencies in January, February and March were the highest for any first quarter of a year in England…

Go First files for voluntary insolvency resolution proceedings before NCLT – Economic Times

Wadia group-owned Go First on Tuesday filed an application for voluntary insolvency resolution proceedings before the National Company Law Tribunal (NCLT), said CEO Kaushik Khona. The airline has informed the government about the developments and will also be submitting a detailed report to aviation regulator Directorate General of Civil Aviation (DGCA). “Go First has had…