Company insolvencies up 16% on July last year as cost hikes continue to bite – MSN
Company insolvencies up 16% on July last year as cost hikes continue to bite MSN Read the original article here
SKS Power insolvency: CoC receive 1,950 cr from Sarda Energy and Mining | Company News
Torrent Power has claimed to be the highest bidder for SKS Power Generation. 4 min read Last Updated : Aug 20 2024 | 7:51 PM IST The lenders of SKS Power Generation have received an upfront payment of Rs 1,950 crore from Sarda Energy and Mining, the successful bidder for the debt-ridden thermal power…
Company insolvencies up 16% on July last year as cost hikes continue to bite
In England and Wales, 2,191 businesses went bust, according to the Insolvency Service, compared with 1,890 in July 2023. The figures included 320 compulsory liquidations – when a company is forced to shut down, usually because it has debts it cannot pay – which is the highest monthly number since before the Covid-19 pandemic. David…
Tennis legend Boris Becker discharged from bankruptcy court in England | Tennis News
German tennis legend Boris Becker was discharged from bankruptcy court in London after a judge found Wednesday he had done ‘all that he reasonably could do’ to repay creditors tens of millions of pounds. Becker fell far short of repaying his creditors nearly 50 million pounds (62.5 million dollars) he owed, but Chief Insolvency and…
MaaS Global declares bankruptcy | Traffic Technology Today
MaaS Global, the pioneering mobility-as-a-service organization set up by Sampo Hietanen, has filed for bankruptcy with the Finnish Legal Register Center. The news comes following an announcement earlier this month that it was to discontinue its flagship Whim app. Hietanen is well known across the industry as the father of the MaaS concept, which advocates…
Help! Our Cruise Operator Went Bankrupt and We Are Out $17,905. – The New York Times
Help! Our Cruise Operator Went Bankrupt and We Are Out $17,905. The New York Times Read the original article here
JSW Cement plans to double capacity, acquire assets through IBC route | Company News
2 min read Last Updated : Aug 20 2024 | 7:08 PM IST With plans for an initial public offering (IPO), Sajjan Jindal-promoted JSW Cement has a roadmap to double its cement capacity and also pursue acquisitions, according to its IPO documents. On Friday, JSW Cement filed its draft red herring prospectus (DRHP)…
Inside Katie Price’s financial woes: Bankrupt model spends £120,000 a year on housekeepers, gardeners and nannies and £25,000 on annual plastic surgery…but sold her Mucky Mansion for ‘£1.5m’
She was once a regular face on TV — a highly-successful glamour model who had a net worth of around £40million at the peak of her career. But opportunities for Katie Price have dwindled over the years and by 2023 it was reported that her net worth had fallen to less than £1million. In the latest…
Monthly Insolvency Statistics: July 2024
Q4 2023: Company Insolvency Statistics The quarterly company insolvency statistics have been released, covering Q4 2023 (October to December). Since this dates the final quarter of the year, an annual summary can be noted: 2023 saw the highest annual number of company insolvencies since 1993. The total of 25,158 registered company insolvencies is broken down…
Company insolvencies in England and Wales higher in last year than during financial crisis – business live | Business
More companies went bust in past year than during financial crisis More companies in England and Wales went bust in the last year than at the height of the financial crisis, the latest insolvency figures show. There were 25,551 insolvencies in the 12 months from August 2023 to July 2024, new data from the Insolvency…