The number of construction companies in England and Wales filing for insolvency in 2024 was 4,032, an 8% decrease from the 2023 total of 4,388. The number of registered company insolvencies for the construction industry in December 2024 was 291, down 8% from November 2024 (319) and down 20% from December 2023. Mark Supperstone, partner…
Washington, DC [US], February 19 (ANI): Tesla CEO and DOGE Head, Elon Musk, criticised the current state of US spending, saying that an average citizen in the country “should be made as hell” over the expenditure of the tax money. In an interview with Fox News telecast on Tuesday (local time), Musk said that US…
French Arms Manufacturer Verney-Carron Files for Bankruptcy | thefirearmblog.com You may also be interested in Read the original article here
The TOI correspondent from London: Fugitive Indian businessman Vijay Mallya’s barrister told a London court that the banks pursuing Mallya are “acting in bad faith” and not being transparent as he made a failed attempt to adjourn Mallya’s appeal hearing against his bankruptcy order in the London high court on the first day of its…
Court extends administration of Multiple Hauliers Business Daily Read the original article here
The number of company insolvencies rose sharply at the start of the year, reaching a level not seen since the financial crisis, according to the latest figures from the Insolvency Service. More than 1,900 businesses went under in January—10.7 per cent more than a year earlier—meaning nearly 500 firms a week were forced to fold.…
The number of company insolvencies rose sharply at the start of the year, reaching a level not seen since the financial crisis, according to the latest figures from the Insolvency Service. More than 1,900 businesses went under in January—10.7 per cent more than a year earlier—meaning nearly 500 firms a week were forced to fold.…
Thames Water £3bn loan approved by court to stave off insolvency ENDS Report Read the original article here
The Hague-based Supersola, a cleantech startup that provides plug-and-play solar panels, now has a new owner. The announcement comes four months after the Dutch company was declared bankrupt by the court in The Hague in 2024. Founded by Julius Smith, Supersola offers a self-developed and produced solar panel that is immediately ready for use. Known…
Feb 18, 2025 UK company insolvencies have reached a concerning 16-year high, largely attributed to the impending tax changes introduced by Rachel Reeves. According to official figures reported by Finance Yahoo, the number of corporate insolvencies surged by 10.7% year-on-year, reaching 1,971 in January, marking the highest January total since the 2009 economic downturn. The…