Syntace files for insolvency but restructuring talks look promising – Bike Europe
Syntace files for insolvency but restructuring talks look promising Bike Europe Read the original article here
Rex sold to America’s Air T but airline investors all but wiped out
Oct 21, 2025 – 7.32pm Gift this article Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Subscribe now Already a subscriber? Login It’s been almost 18 months since the first signs of trouble at Regional Express began to appear. The airline, which emerged in 2002 out…
Portsmouth’s last remaining Pizza Hut restaurant set to close – portsmouth.co.uk
Portsmouth’s last remaining Pizza Hut restaurant set to close portsmouth.co.uk Read the original article here
Allianz Trade Insolvency Report – Allianz Trade
Allianz Trade Insolvency Report Allianz Trade Read the original article here
Global insolvencies: still waiting for tariffs? – Allianz Trade
Global insolvencies: still waiting for tariffs? Allianz Trade Read the original article here
Chandigarh company owner who gifted 51 luxury cars to employees on Diwali once went bankrupt, now owns 12 companies
In a gesture that took the internet by surprise, the owner of a Chandigarh-based pharmaceutical company gifted 51 luxury cars to his employees ahead of Diwali. The man behind the viral moment is MK Bhatia, founder and chairman of the MITS Group, who personally handed over the keys of the brand-new Scorpio SUVs during the…
TT-Line faced potential insolvency without emergency borrowing, TASCORP reveals
TT-Line could have faced insolvency without emergency borrowing arrangements approved during the election caretaker period, Tasmania’s lending authority has revealed. TASCORP chair Gary Swain told a parliamentary committee the ferry operator’s financial position was “not sustainable” when it requested an extra $410 million in borrowing capacity in April. The Tasmanian Public Finance Corporation approved a…
Around 28,000 British businesses face going bust this year – This is Money
Around 28,000 British businesses face going bust this year This is Money Read the original article here
Around 28,000 British businesses face going bust this year
Insolvency rates set to remain 20% to 30% above pre-pandemic levels By MIKE SHEEN, BUSINESS EDITOR Updated: 15:00 AEDT, 21 October 2025 Business insolvency rates will remain 30 per cent above pre-pandemic levels next year after with another 27,650 firms set to go bust in 2025, research suggests. Official data last week that showed another…
Expert reveals reason for rise in Scots company failures
Commenting on the rise in company failures, Blair Milne, a partner in the Glasgow office of accountancy firm Azets, pinpointed a change in approach from HMRC following the “softly slowly” approach it took in the aftermath of the coronavirus pandemic. Its rise in enforcement has come as companies have faced rising costs on a variety…