Insolvency Advisory Accountants Media Centre

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.
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India tweaks rules to help resolve banks’ $150 bln bad debt problem – Reuters
May 5 The Indian government on Friday tweaked rules to help tackle the record $150 billion in troubled debt accumulated
Shares in Pearson jump 15% on restructuring plans – Financial Times
Shares in Pearson rose as much as 15 per cent after the education group unveiled a fresh set of restructuring
Pearson launches new cost-cutting drive, may sell K12 business – Reuters UK
LONDON Pearson (PSON.L), the global education company battling a downturn in its biggest markets, said it would cut more costs
Social care crisis: record number of UK homes declared insolvent – The Guardian
A record number of care home businesses failed last year as the financial pressure on social care in Britain took
Plutus Payroll still in negotiations over IT contractor payment drama – CRN Australia
Unpaid IT contractors are still scrambling for answers in the wake of pay management service Plutus Payroll suddenly suspending operations
A plan to introduce ID numbers for company directors could be in the works – SmartCompany.com.au
The government will consider introducing identification numbers for directors of Australian companies, after the Productivity Commission labelling it a necessary reform to
Restructuring will see jobs lost at Sobeys – TheChronicleHerald.ca
Stellarton, dont panic. Sobeys isnt going anywhere. Weve been in business for 110 years. We have always been headquartered in
Germany says no debt relief being prepared for Greece – Reuters
* Handelsblatt said measures under consideration* EU source says document it cites started as ESM paper (Recasts with German finance
PM Tsipras says Greece has done its bit, now wants debt relief | Reuters – Firstpost
By Renee Maltezou| ATHENS ATHENS Prime Minister Alexis Tsipras called on Greece's international lenders on Thursday to reach an agreement
German fin ministry: no debt relief being prepared for Greece – Reuters
May 4 No debt relief measures are being readied for Greece, Germany's Finance Ministry said on Thursday after the Handelsblatt
Ukraine’s Banking Sector Reconstruction Brings Asset Sales and Opportunities in Equal Measure – Emerging Europe (registration)
Valeria Gontareva, governor of the National Bank of Ukraine (NBU), might be leaving office, but is often commended for the
Greece’s lenders ready debt relief options for discussion – report – Yahoo Finance
BERLIN (Reuters) - Greece's international lenders are preparing possible debt relief measures for Athens for discussion by euro zone finance