It is understood that owner Gordon Brothers – which only bought the business last year for £1 – is currently leaning away from the main solvent takeover offer for the business, meaning the group could enter insolvency in the coming days. The private equity company launched a sale process for Poundland last month after turnaround…
A record 738,144 UK businesses were in significant financial distress in the third quarter of 2026, according to research published today by advisory group BTG, the day before the Chancellor, John Healey, delivers his first Budget. The figure, from BTG’s Red Flag Alert report, was 1.6 per cent higher than the 726,594 recorded in the…
The son of the singer, People’s Artist of Russia Valeria Arseny Shulgin and his family moved from Russia in the UAE (United Arab Emirates) for permanent residence. This was announced by his wife Liana Shulgina in her telegram channel. “Our family has always really liked Dubai. Climate, infrastructure, the fact that it is warm all year…
Discount retailer Poundland could face being broken up as its owners consider offers for parts of the business. It is understood that owner Gordon Brothers – which only bought the business last year for £1 – is currently leaning away from the main solvent takeover offer for the business, meaning the group could enter insolvency…
REVEALED: Liquidator appointments for businesses in the Brimbank council area for October 27 Herald Sun Read the original article here
Accounting firm acquires Fife-based insolvency business Fife Today Read the original article here
Allianz Trade forecasts 25,600 UK failures in 2026, still 21% above pre-pandemic averages Business failures in the UK are finally turning a corner, but the numbers will remain elevated for years to come, according to Allianz Trade’s October 2026 Insolvency Report. The trade credit insurer expects UK business insolvencies to drop 4% to approximately 25,600 cases…
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REVEALED: Liquidator appointments for businesses in the Unincorporated ACT council area for October 27 The Daily Telegraph Read the original article here
The National Company Law Tribunal (NCLT) Mumbai Bench has admitted a personal insolvency petition filed by Yogendra Gangaram Mungale, who is a personal guarantor for Arogyam Medihub Private Limited, relating to bank default of ₹1.65 crore, thereby invoking the process of insolvency resolution and imposing a moratorium period of 180 days under the IBC 2016.…