Stay informed with the latest in insolvency news and industry updates. We can keep you up to date with insolvency and finance information from around the world.
Certain factors contributing to the statistics coming from the construction sector include: Rising National Insurance payments Higher National Minimum Wage
Paying off credit card debt is critical, especially before the pressure of holiday spending mounts.
Twomeows/Getty Images
The holidays can be a wallet-busting time of year for many Americans. In fact, in 2024 alone, U.S. shoppers spent over $955 billion during the holiday season, the most ever recorded, according to the National Retail Federation.
Much of that spend likely went on credit cards. And when you throw in inflation and the higher prices consumers have faced in recent years, credit card balances have gotten out of…
Certain factors contributing to the statistics coming from the construction sector include:
Rising National Insurance payments
Higher National Minimum Wage
Higher material and labour costs
Tight margins in housebuilding
Regulatory pressures
Fixed-term contracts
Subdued activity
Project delays
Cashflow
Despite signs of improvement in Q1 this year, the health of the British economy had fallen in Q2.
However, August 2025 was the lowest monthly total for construction insolvencies since July 2023, and an 8.7 per cent decrease from the 4,310 recorded in the previous 12-month period.
Unpaid taxes
“The other side of government action affecting business is its drive to recover unpaid taxes,” said Julie Palmer, managing partner at…
To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below.
Facebook App: Open links in External Browser
There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser.
This can be done through the following steps:
1. Open the settings menu by clicking the hamburger menu in the top right
2. Choose “App Settings” from the menu
3. Turn on the option “Links Open Externally” (This will use…
“Now that Currys accepts the Fair for You Shopping Card Loan we can help bring more laptops to families to support with education and washing machines to busy parents,” said Dukes. “We’re responding to high customer need for essential household tech. As a specialist not-for-profit lender we offer the control and flexibility that enables people with tight finances to repay successfully.
“The Fair for You Shopping Card Loan is offering a hand up rather than a handout to tens of thousands of families. Plus, every payment our customers make helps to repair their credit file.”
Tapi Carpets & Floors is one of the retailers Fair for You works with. Alex Rogers, head of partnerships at Tapi Carpets & Floors, said a…
One of the greatest challenges currently facing the United States is the massive amount of credit card debt that American families are facing. According to the Federal Reserve Bank of New York 2025 Report, credit card balances are now $1.21 trillion in aggregate. The Fed report continues on that total household debt increased by $185 billion to hit $18.39 trillion in the second quarter, and student loan balances edged up by $7 billion and stood at $1.64 trillion,
In addition, consumers haven’t changed their behavior much in the last five years but are suffering the downside effects of spending with much higher interest rates on those credit cards. The Trump Administration has also capped the amount of student loans a person can…
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Lifebrandz Ltd. ( (SG:1D3) ) just unveiled an announcement.
Autagco Ltd., a company incorporated in Singapore, is undergoing a voluntary liquidation process for its subsidiaries Superfood Kitchen Pte. Ltd. and The Green Bar Pte. Ltd. This process has been clarified to be a creditors’ voluntary liquidation. The company is currently preparing necessary documents for the proposed liquidator and will coordinate a creditors’ meeting. Further updates will be provided as developments occur.
Malls are struggling to keep customers, which might be
evident when you look at all the mall retailers closing up and declaring
bankruptcy.
Iconic stores like Forever 21 and The Body Shop have already closed all their stores in the last year and shuttered all their locations. Other retailers like At Home have also
declared bankruptcy, but some locations are still operating.
Store closings and bankruptcies are becoming a trend, and more retailers could
follow. Here are a few where you may be able to save money shopping when
they announce they’re going out of business…