OpenAI’s ChatGPT might be undergoing a drastic change that could leave many users unhappy. The world’s most popular AI chatbot boasts over 800 million weekly users, primarily young adults who use it for learning, work, and productivity. However, the company has faced scrutiny over the past year for inadequate safeguards for younger audiences, leading to…
Businesses owners warned to stay vigilant as corporate insolvency levels remain high wigantoday.net Read the original article here
Sign up for Credit Connect’s news bulletins:Get the insight you need sent directly to your inbox. Create your Account: 1. Please fill in the boxes below with your email, tick the relevant newsletters you would like to subscribe to and click the Sign Up button. 2. Wait for the double opt-in page to open and…
Sign up for Credit Connect’s news bulletins:Get the insight you need sent directly to your inbox. Create your Account: 1. Please fill in the boxes below with your email, tick the relevant newsletters you would like to subscribe to and click the Sign Up button. 2. Wait for the double opt-in page to open and…
Latest data from the Insolvency Service for England & Wales has shown that business insolvencies increased by 0.2% in 2025 when compared to 2024, rising to 23,938 from 23,880 The 2025 insolvencies comprisied of 18,525 creditors’ voluntary liquidations (CVLs), 3,730 compulsory liquidations, 1,495 administrations, 186 company voluntary arrangements (CVAs) and two receivership appointments. In 2025,…
Austrian energy company Heizma is integrating several hundred photovoltaic systems as well as ongoing projects from insolvent Dutch provider Soly into its platform. The acquisition includes full support for Austrian customers and strengthens Heizma’s position in the field of decentralized energy solutions. The Vienna-based scale-up is positioning itself as a stability anchor in a market…
Latest figures from the Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland increased by 35% in December 2025. The figures showed that there were 111 company insolvencies registered. The insolvencies were comprised of 69 CVLs, 35 compulsory liquidations and seven administrations.There were no CVAs or receivership appointments. The overall 2025 Scottish business insolvency figures…
The collapse of New York department store giant Saks has left some of Australia’s biggest fashion labels from Camilla to Aje millions of dollars out of pocket and underlined the challenges facing local retailers Myer and David Jones as they try to turn around their businesses. The decision by Saks Global – the parent company…
Latest monthly statistics from the Insolvency Service show that there were 351 business insolvencies registered in Northern Ireland in 2025, which was an increase of 15% from 2024 (305 insolvencies). The increase was largely driven by a 56% increase in compulsory liquidations, although the number of CVLs decreased by 22%, while administrations increased by 47% and CVAs increased by…
JANUARY 21, 2026 The legal and financial troubles surrounding former Formula 1 driver Adrian Sutil have deepened, with a luxury car company closely linked to him now declared insolvent. Adrian Sutil, German GP 2010© The Cahier Archive According to WirtschaftsWoche, Munich-area firm DS Motoren GmbH has filed for insolvency following Sutil’s arrest late last year.…