Banking Day – BankingDay

Personal insolvency numbers have jumped by more than 50 per cent since the start of the year, as high interest rates and inflation finally start to have an impact on household budgets. The Australian Financial Security Authority reported that there were 921 new personal insolvencies in March up from 796 in February and 772 in January. AFSA…

Methodology and Quality Document – Company Insolvency Statistics … – GOV.UK

The Insolvency Service Published 28 April 2023 Contents 1. Data Sources and data validation 2. Methodology 3. Revisions 4. Quality Print this page Crown copyright 2023 This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. To view this licence, visit nationalarchives.gov.uk/doc/open-government-licence/version/3 or write to the Information Policy…

Bit4You Suspends Activities After CoinLoan Declared Insolvent – Crypto Daily

Belgian cryptocurrency trading platform Bit4You has announced the suspension of operations after it discovered that CoinLoan, one of its service providers, was declared insolvent by an Estonian court.  The CoinLoan Insolvency  The cryptocurrency trading platform learned about CoinLoans insolvency issues on the 24th of April. According to a blog post published by the crypto lender,…

Fears that insolvencies could spread to bigger companies – Business Sale Report

‘, ”); $(‘.vjs-poster’).attr(‘style’, newVjsPosterStyle); clearInterval(timerPoster); } }, 500); ]]> Insolvency statistics from the first quarter of the year have raised concerns that larger companies could begin to be impacted by high levels of distress among small businesses. These concerns come as new figures show that insolvencies remained close to a 13-year high in Q1 2023.…