The number of UK companies going bust increased last month, official data shows, as experts warned that more businesses face a “perilous financial position” as they remain weighed down by debts. Official data from the Insolvency Service showed that the number of registered company insolvencies in England Wales totalled 1,966 in November. This was 13%…
Company failures rise with more businesses in ‘perilous’ position MSN Read the original article here
Company failures rise with more businesses in ‘perilous’ position Evening Standard Read the original article here
In November 2024, there were 114 company insolvencies registered in Scotland, 5% higher than the number in November 2023. The total number of company insolvencies was comprised of 55 CVLs, 54 compulsory liquidations and five administrations. There were no CVAs or receivership appointments. The total insolvency rate in Scotland in the 12 months to November…
NEW DELHI: Nearly 11.6 lakh women directors are currently associated with public and private companies in the country, the government informed the Parliament on Tuesday, as it continues to encourage women participation in decision-making at various levels in enterprises across the spectrum. While 11,11,040 women are directors in private companies (including OPCs), 46,939 are associated…
New figures released today by the government’s Insolvency Service (IS) reveal how almost 2,000 firms could no longer balance their books in November 2024 – a 13% rise on trends just a month before. After seasonal adjustment, the month’s tally of registered company insolvencies in England and Wales stood at 1,966 in November 2024, which…
Former Auburn deputy mayor Salim Mehajer has been declared bankrupt by the Federal Circuit Court. The liquidator of his failed company SM Project Developments launched legal action against him in November over a $200,000 debt. The bankruptcy application was supported by a range of creditors, including the Australian Tax Office and Prime Marble & Granite…
Katie Price says ‘no more bankruptcy’ as she reveals plan to clear £750,000 debt Daily Record Read the original article here
2024 has not been the best year for airlines that serve smaller or faraway countries. Air Malta, Armenia’s FlyArna and the LIAT airline serving Antigua and Barbuda have all either formally filed for bankruptcy protection or simply closed up shop and ceased operations since the start of January. Vanuatu, a South Pacific nation of 326,000…
BANKRUPT and homeless Bradley Wiggins faces selling his own name after his debt spiralled to £2million. Cycling legend Sir Bradley owes £1m more than was first calculated, number crunchers handling his bankruptcy have revealed. 3 Cycling legend Sir Bradley owes £1m more than was first calculatedCredit: Getty 3 Sir Bradley in his Tour de France…