The founder and former trustees of the collapsed charity Kids Company could be banned from holding company directorships. The youth organisation folded amid a storm of controversy in August 2015 – just days after receiving a £3 million Government grant in a final bid to keep it afloat. Kids Company received more than £42 million…
By Press Association Published: 06:24 +10:00, 25 April 2017 | Updated: 06:24 +10:00, 25 April 2017 e-mail The founder and former trustees of the collapsed charity Kids Company could be banned from holding company directorships. The youth organisation folded amid a storm of controversy in August 2015 just days after receiving a £3 million Government…
Retailers in the United States are filing for bankruptcy at a record pace. Already this year, 14 retailers have declared bankruptcy, including the companies behind Payless, The Limited, and BCBG. Thats not far from 18, the total number of retailers that declared bankruptcy in 2016, according to insights from S&P Global Market Intelligence released last…
As Network Ten braces for the announcement on Thursday of another significant financial loss, the rumour mill has it that the billionaire-laden network will try to save money by cutting costs and staff in its news department. Again. And how will it keep the show on the road? Play Video Don’t Play Donald Trump’s tax…
Bankrupt mining magnate Joseph Gutnick’s wife has told an investigation into his financial affairs she knew little of his business interests but was “always signing things”. “I remember signing secretary a lot,” Stera Gutnick told an examination in the Federal Court on Monday. Mrs Gutnick and her son Mordechai are being questioned in the witness…
The government plans to put in place a fast-track resolution process for startups and small companies under the Insolvency and Bankruptcy Code. Looking to provide a faster exit mechanism for certain class of entities, the Insolvency and Bankruptcy Board of India (IBBI) has come out with draft norms in this regard. The proposal is to…
New Delhi: The government plans to put in place a fasttrack resolution process for start-ups and small companies under the Insolvency and Bankruptcy Code. Looking to provide a faster exit mechanism for certain class of entities, the Insolvency and Bankruptcy Board of India (IBBI) has come out with draft norms in this regard. The proposal…
An annual decline in the total figures had continued steadily since 2010, in parallel with improving economic factors, bar a couple of quarter blips, such as rising employment and GDP. But now the Insolvency Services official statistics point to a new pattern for this year, and they probably ask as many questions about the state…
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Vanessa White is thought to have made £1.6million with girlband the Saturdays She’s released two solo albums since leaving the band but neither have troubled the charts She’s now received huge cash boost to help her career abroad in the Philippines It comes from a government funded Music Export Scheme, also backing Radio 1 artists…