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MediaTechDealsMarTechSportTechA North East tech firm which helped pubs to make money from their TV screens has entered liquidation. Screenreach Interactive,
Keith Bell, who ran the Bishopton Road Post Office in Stockton, said he had felt ashamed until the ITV drama ‘Mr Bates v The Post Office’ made him aware of the scandal.
His criminal conviction even led to the loss a subsequent job as a driving instructor.
He has now received a £600,000 payout.
Bell told the Northern Echo: “I got to the point when I had no money – there was nothing coming in. I tried to keep paying the mortgage but I had to declare myself bankrupt.
“I went from a way of life where I wasn’t rich but I was comfortable. That came to an end, you make do with what you can.
“It’s nice to be in the position that if we wanted to do something we can…
Investigations into Drawntear Limited showed that the company appeared to take direct debit payments from consumers without their knowledge or authorisation
Drawntear claimed in previous accounts that it marketed adult movies but no evidence was provided about how the company traded or who really controlled its business activities
The company has now been wound-up in court following an application by the Insolvency Service
A company which claimed to sell adult films has been shut down following concerns it was being used as a direct debit scam.
Drawntear Limited was wound-up at a hearing of the High Court in Manchester on Wednesday 12 February.
The company, which said it was based in Hull before moving its registered office address to…
Investigations into Drawntear Limited showed that the company appeared to take direct debit payments from consumers without their knowledge or authorisation
Drawntear claimed in previous accounts that it marketed adult movies but no evidence was provided about how the company traded or who really controlled its business activities
The company has now been wound-up in court following an application by the Insolvency Service
A company which claimed to sell adult films has been shut down following concerns it was being used as a direct debit scam.
Drawntear Limited was wound-up at a hearing of the High Court in Manchester on Wednesday 12 February.
The company, which said it was based in Hull before moving its…
February 12, 2025 (MLN): Pakistan has called for placing financial justice “front and centre” at the upcoming Second World Social Summit in Doha, Qatar, emphasizing debt relief for developing nations as a crucial step toward building a more just world.
The call was made by Ambassador Asim Iftikhar Ahmad, Pakistan’s alternate permanent representative to the UN, during a session of the Commission for Social Development.
Speaking at a panel discussion, Ambassador Ahmad emphasized the need for an inclusive and equitable international financial system to unlock resources essential for social development.
He highlighted the financial constraints faced by developing nations in implementing the 2030 Agenda for Sustainable…
JAKARTA – Dutch football legend, Patrick Kluivert, was officially introduced as the new coach of the Indonesian national team. His figure was appointed following Shin Tae-yong’s dismissal on Monday, January 6, 2025.
Before finally being officially introduced as the new captain of the Indonesian national team on Wednesday, January 8, 2025, football lovers were excited to talk about Kluiver.
This Dutch coach is viral because he will replace Shin Tae-yong who is already so attached to the supporters of the Indonesian national team because he has successfully boosted the achievements of the Garuda Squad.
However, along with the spotlight that was on him, the figure of Kluiver was also a topic of…
A North East tech firm which helped pubs to make money from their TV screens has entered liquidation.
Screenreach Interactive, which was based in Newcastle but is registered in Morpeth, Northumberland, allowed hospitality venues to sell third-party advertising on screens.
The firm’s Screach app also allowed them to stream sports events without a cable or satellite connection.
Founded in 2009 by Paul Rawlings, since 2017 the business had been led by CEO Robert Rawlinson (pictured).
His LinkedIn profile shows that he left the position in December 2024.
Insolvency and Bankruptcy Board of India (IBBI) Chairman Ravi Mital said there is a growing need to improve liquidation outcomes under the Insolvency and Bankruptcy (IBC) Code, 2016.
“It is observed that till December 2024, in the completed liquidation cases, the amount realised by claimants has been very low as compared to the Corporate Insolvency Resolution Process (CIRP), and in some cases it has been even lower than the liquidation value,” he said in the IBBI’s quarterly newsletter for October-December 2024.
The main objective of the IBC is resolution of distressed companies. However, when all attempts to resolve the company fail, the next alternative is liquidation of the company involving sale of assets of the company and…
The proportion of young people in Great Britain with a gambling problem has more than doubled, according to “astonishing” official data that prompted calls for urgent government intervention.
New figures from the Gambling Commission, which regulates bookies, online casinos and the national lottery, revealed a shock rise, to 85,000, in the number of children classified as having a gambling problem under widely used diagnostic criteria.
Nearly one in 10 reported that gambling by family members had caused problems at home, while there was an increase in the number who said their own habit led them to lose sleep, skip school or miss homework.
About a quarter (27%) of young people aged 11 to 17 said they had gambled using their own money in…
New Delhi, Feb 12 (UNI) After suffering from an acute financial crisis for years, United News of India (UNI), one of the oldest and credible news agencies in the country, is poised for rejuvenation as the National Company Law Tribunal (NCLT) today approved a Resolution Plan for the 64-year-old company.
The approval of the Resolution Plan, under the Insolvency and Bankruptcy Code (IBC), provides for a substantial investment into the sick company, bringing much-wanted cheers to about 900 serving and former employees, including hundreds of Journalists.
“Today, history has been created as the Hon’ble NCLT has approved the Resolution Plan submitted by The Statesman Ltd, to revive United News of India (UNI),” said an excited Resolution…
New Delhi, Feb 12 (UNI) After suffering from an acute financial crisis for years, United News of India (UNI), one of the oldest and credible news agencies in the country, is poised for rejuvenation as the National Company Law Tribunal (NCLT) today approved a Resolution Plan for the 64-year-old company.
The approval of the Resolution Plan, under the Insolvency and Bankruptcy Code (IBC), provides for a substantial investment into the sick company, bringing much-wanted cheers to about 900 serving and former employees, including hundreds of Journalists.
“Today, history has been created as the Hon’ble NLCT has approved the Resolution Plan submitted by The Statesman Ltd, to revive United News of India (UNI),” said an excited Resolution…
Tech billionaire Elon Musk, who has been tapped by President Donald Trump to lead federal cost-cutting efforts, said Tuesday that the United States would go “bankrupt” without budget cuts.
Musk leads the efforts under the newly created Department of Government Efficiency (DOGE), and was speaking at the White House with Trump, who has in recent weeks issued a flurry of orders aimed at slashing federal spending.
In particular, Musk pointed to the country’s budget deficit, which topped $1.8 trillion in the last fiscal year, and took aim at high interest payments on the public debt.
