Heavers of Bridport, a family-run business, has been opening for 65 years but has now paused all pending customer contracts, it said.

It cites ‘many mounting pressures’, including supply issues, significant rises of utilities, business rates and insurances, and delays in receiving settlement for completed contracts among the reasons, along with a reduction in sales in recent months amid the cost of living crisis.

(Image: Google Maps)

In an emotional statement on the company website, Ross Heaver says: “This is the most difficult announcement I’ve ever had to make. It is with great sadness I confirm that Heavers of Bridport Limited will be entering into voluntary liquidation.

“I know this news brings…

Anatolia Turkish Kebab House has ceased trading, as its operating company, Anatolia Turkish Cafe Ltd, was placed into liquidation by shareholder resolution last week.

The company operated the Turkish restaurant and takeaways business in Princes St for about 10 years, before moving to a larger premises in the ground floor of the street’s historic Excelsior Hotel building in 2023.

The liquidators’ first report, released this week, said company director Murat Bay had operated similar operations successfully for many years.

“However, he has advised the liquidators that current economic times have…

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Reliance Communications Limited ( (IN:RCOM) ) has shared an update.

Reliance Communications Limited has been notified by the Central Bank of India that its loan account has been classified as ‘fraud’ as of September 29, 2025. This development comes as the company is undergoing a corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016. The classification pertains to credit facilities from before the insolvency process, and the resolution of these loans is expected to be addressed within the company’s…

A former immigration minister has been stripped of his licence to practise as an immigration consultant, after losing a court battle and being declared bankrupt.

Tuariki Delamere, who became a high-profile immigration adviser after leaving politics, told RNZ he “made a dumb decision many years ago”.

In 2012, he made a deal with Chinese businessman Yingheng Liu, who sought residency through a business visa.

Liu put $500,000 into a venture that referred clients to Delamere, but his visa was rejected.

Delamere unsuccessfully appealed a 2021 judgment on the money as far as the Supreme Court. Liu returned to the High Court last month, asking for a bankruptcy adjudication, after less than $95,000 was returned.

Immigration Advisers Authority…

Millennials, the largest generation in the workforce, are quietly drowning in debt while often maintaining the appearance of financial stability and success on social media. Money Management International (MMI), one of the nation’s largest nonprofit credit counseling agencies, reported a 35% annual increase in new clients seeking…

In a significant development, Reliance Communications Limited (RCom) has informed the stock exchanges that the Central Bank of India has classified the company’s loan account as ‘fraud’, effective September 29, 2025. The alleged fraud amount is reported to be Rs. 357.68 crore. The disclosure was made by RCom through a regulatory filing dated October 08, 2025, following the receipt of a letter from the Central Bank of India. The bank’s letter, dated October 04, 2025, states that the decision was based on a forensic audit report which uncovered “grave anomalies” indicating the “perpetration of fraud”. Earlier, SBI and Bank of India have also classified the accounts of Reliance Communications as fraud.

Key…