What went wrong with Carillion and where does it go from here? – The Guardian

Key questions answered on the liquidation of the construction firm and its implications for staff Carillion employs 43,000 people, including almost 20,000 in the UK. Photograph: Christopher Thomond for the Guardian The construction firm Carillion, which is involved in a host of major government projects including HS2, has gone into compulsory liquidation. What went wrong…

Canadians increasingly pessimistic about their ability to absorb higher interest rates and cover their monthly bills – Markets Insider

One in three Canadians say they are unable to cover their monthly bills, up eight points since September. Half are more concerned about their ability to repay debts, up three points since September. Average Canadian left with $112 less at the end of the month compared to last quarter. CALGARY, Alberta, Jan. 15, 2018 (GLOBE…

Business as usual for Ocean despite voluntary administration – Pulse+IT

Written by Kate McDonald on 15 January 2018. Sydney-headquartered health informatics firm and EHR vendor Ocean Health Systems will continue to operate on a business as usual basis despite entering voluntary administration last week, with hopes the company can be restructured and work through its financial problems. Administrator Peter Krejci from insolvency and business recovery…

Post Newspapers Liquidators promise to pay creditors after selling off the assets – Lusaka Times

FILE Post Newspapers employees outside their offices on Bwinjimfumu road after shutdown The Liquidators of the defunct Post Newspapers limited have promised to pay the creditors after selling the assets of the company following the Lusaka High Courts decision to declare the company insolvent. Recoveries Manager of the Post Newspapers Limited Robert Chabinga says he…

Post Newspapers creditors assured – ZNBC

The Liquidators of the defunct Post Newspapers limited have promised to pay the creditors after selling the assets of the company following the Lusaka High Courts decision to declare the company insolvent. Recoveries Manager of the Post Newspapers Limited Robert Chabinga says he will start by paying secured creditors, former Post Newspapers employees, the Zambia…