MBL Stays Open, Seeks Investors After Insolvency Filing

Founded in 1979 and based out of Berlin, MBL is best known for its unique Radialstrahler omnidirectional loudspeakers. The company has entered insolvency proceedings in Germany, but the doors are still open. MBL states that “Nothing will change for MBL‘s customers, sales partners and service providers: sales will continue without restriction, orders will be accepted…

UK grocery watchdog investigating Amazon over alleged supplier payment delays; company insolvencies jump – as it happened | Business

Autumn tax rises ‘increasingly likely’ Despite UK government borrowing slightly undershooting forecasts so far this financial year, tax rises in the autumn are likely. That’s the view of City consultancy Capital Economics, who told clients this morning: Despite the overshoot in May, public borrowing was £2.9bn below the OBR’s forecast in the first two months…

Five Premier League stars who went bankrupt including Man Utd icon and England regular | Football | Sport

The short nature of a professional football career means players must be extra careful with their finances. Several former Premier League stars have been made bankrupt over the last few years for several reasons, including struggling to manage the financial difficulties of a post-playing career. According to court documents, former Newcastle midfielder Lee Clark is…