Firms linked to scheme helping directors walk away from debts and undermine insolvency legislation shut down TheBusinessDesk.com Read the original article here
Four companies have been shut down after investigations revealed they were connected to a scheme which helped directors sell struggling businesses for £1 while keeping assets and dropping debts The scheme’s operators failed to preserve accounting records or assess what had happened to the more than £18 million in combined assets of 75 companies they…
The squeeze on supply has already begun reshaping consumer behaviour in Europe A global shortage of computer memory driven by surging demand for AI systems could force many consumer electronics manufacturers out of business by the end of 2026, according to the head of a leading storage company. Pua Khein-Seng, chief executive of Taiwanese memory…
Kallam Textiles receives NCLT notice for insolvency proceedings from Union Bank of India scanx.trade Read the original article here
PwC seeks buyer of Koko Networks assets following bankruptcy Quantum Commodity Intelligence Read the original article here
Costco recalls gift cards after supplier goes bankrupt WOWK 13 News Read the original article here
The number of banks in Ukraine decreased to 58. Motor-Bank and PIN Bank cease operations Andrii Vodianyi Senior editor Photo: NBU … Read the original article here
Nottingham City Council hits ‘major milestone’ after money woes BBC Read the original article here
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Cheshire Local Business Limited, based at Winnington Court, has been operating as an agent for BT’s commercial services since 2019. The company provided services such as broadband, company mobiles, cloud-based landline phone systems, and cyber security to offices and warehouses across Cheshire. The company employed around 28 people, according to the latest available data…