East Bar Group Ltd and H&S Minicoaches Ltd, which both have the same registered address at Dunnock Drive in the city, are headed by sole director Neville Taylor. 

In January he was banned from being a company director for nine years for his involvement in a scheme that saw £7.6 million of assets go missing. 

It takes the total to six companies, all with Taylor named as sole director and all with the same Dunnock Drive address, that have gone bust since the start of the year.

At Dunfermline Sheriff Court on April 3 a petition was presented on behalf of HMRC asking that East Bar Group Ltd, which was involved in licensed restaurants, be wound up and liquidators appointed.

All parties claiming an interest must…

The transaction not only strengthens the company’s financial statement, but also highlights the alignment of the main executives with the organization’s long-term vision for its expansion in the international market, in which it already appears in operation in more than 19 countries.

“This move sends a strong message to the market and our shareholders,” said Brian Goodman, CEO of Golden Matrix Group, who continued, “Mr. Milovanovic, Mr. Milosevic and Ms. Bozovic’s decision to convert their debt to equity reflects both their personal conviction and the company’s confidence in Golden Matrix’s short- and long-term growth trajectory.”

Below, check out more information about GMGI’s ongoing alignment with Meridianbet that solidifies the…

The Parliament has declared the Technical University of Kenya (TUK) insolvent, citing an overwhelming debt of Ksh12 billion that has crippled the institution’s operations.

To declare something insolvent means to formally recognise that an entity, such as a business, organisation, or individual, cannot pay its debts as they come due.

The decision, which was announced on 16 April 2025, follows years of financial mismanagement that has left staff unpaid since 2013 and raised urgent concern over the future of public university education in Kenya.

A parliamentary report assessed TUK’s dire financial state, revealing that the university’s liabilities far exceed its assets, rendering it unable to meet its obligations.

In TUK, the…

This commentary is by Sarah Robinson, co-executive director of the Vermont Network Against Domestic and Sexual Violence.

At the Vermont Network, we support survivors of domestic and sexual violence, amplify their voices and build safer communities. We collectively represent 15 independent nonprofits that provide direct services to survivors and prevention programming in their communities. 

S.27, a proposal to eliminate up to $100…

Meanwhile, the research highlights a complex network of individuals involved in underground gambling, with a hierarchy of influence:

• Top tier: Major financiers, police officers, government officials, influential figures, and politicians.
• Middle tier: Bookmakers, runners, and online gambling website administrators.
• Lower tier: Players, bettors, and account managers.

While direct betting with bookmakers remains the most common channel (113.040 billion baht, or 68.9%), other methods are gaining traction:

• Chat applications (LINE, etc.): 27.934 billion baht (17%)
• Websites/gambling applications: 18.206 billion baht (11.1%)
• Social media (Facebook, TikTok): 4.889 billion baht (3%)

The study also examined the…

Prashant Kumar has officially resigned from his positions as Chief Financial Officer (CFO) and President (Accounts and Finance) of Ansal Properties and Infrastructure Limited (APIL), with the resignation taking effect from April 4, 2025. This decision, initially under consideration, was formally accepted during the second Meeting of the Committee of Creditors (COC) of APIL, held on Friday, April 11, 2025.  

In his resignation letter addressed to interim resolution professional (IRP) Navneet Kumar Gupta, Kumar detailed his reasons for stepping down. He cited the recent decisions regarding the reduction in salaries of key management personnel (KMPs), including himself, and the non-disbursement of his salary since February…

The United States is currently facing a public debt of 14 trillion dollars. This debt is due in the coming years. In response to this crisis, Matthew Sigel from VanEck proposes a solution: BitBonds. More details in the following paragraphs!

BitBonds or the art of integrating bitcoin into Treasury bond financing

BitBonds are a new form of bond proposed by VanEck at the Strategic Bitcoin Reserve Summit 2025. Its primary goal: to help refinance the United States public debt.

Specifically, a BitBond combines:

• 90% traditional debt;
• 10% exposure to BTC.

It is…

Saint John-based Moltex Energy Canada Inc. is hoping potential new owners for its overseas parent company will breathe new life into its development of small modular nuclear reactor technology in the province.

But the company acknowledges that cash flow problems at its U.K.-based parent company have slowed down those efforts.

There is “a risk of insolvency” at the parent company, Moltex Canada CEO Rory O’Sullivan acknowledged in an interview.

An administrator is now looking for buyers for the U.K. company’s assets, which include Moltex Energy Canada.

“As a technology development company we need to almost continuously be fundraising to keep progressing technical milestones,” O’Sullivan told CBC News. “And, because we need parent company…

Saint John-based Moltex Energy Canada Inc. is hoping potential new owners for its overseas parent company will breathe new life into its development of small modular nuclear reactor technology in the province.

But the company acknowledges that cash flow problems at its U.K.-based parent company have slowed down those efforts.

There is “a risk of insolvency” at the parent company, Moltex Canada CEO Rory O’Sullivan acknowledged in an interview. 

An administrator is now looking for buyers for the U.K. company’s assets, which include Moltex Energy Canada.

“As a technology development company we need to almost continuously be fundraising to keep progressing technical milestones,” O’Sullivan told CBC News. “And, because we need parent company…