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.
An innovative program providing debt and social payment advice in schools has already helped low-income families secure over £500,000.
Each year, about £23 billion payments go unclaimed due to lack of information and the complexity of the application process.
Chris Chapman (58) from Rochdale hopes to receive over £12,000 in social payments through the Money Matters program created by Kellogg’s and Resolve Poverty
The program targets individuals who may qualify for Universal Credit but have not applied, as well as those who do not understand how to claim Personal Independence Payments (PIP) or support for childcare costs and council tax.
Michelle Elliot and Callum Carmichael of FRP Advisory were appointed as joint liquidators to Coille Haulage Ltd, based in Argyll, on August 14.
The liquidators said of Coille: “In recent years, it encountered a number of significant challenges, including the legacy impact of the Covid-19 pandemic, tightening margins on contracts and escalating operating costs.
“The company’s directors had explored options for additional third-party funding, but with no viable solution available, and with critical liabilities falling due, the decision was taken to appoint liquidators.”
The business employed 24 people.
The liquidators said: “As a result of the appointment, all 24 employees have regrettably been made…
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Online gambling is now a serious problem in Indonesia. This phenomenon has even claimed human lives. Dr Ivanovich Agusta, a sociologist at IPB University, emphasized that online gambling must be viewed as a major problem because it concerns the right to life, the most basic human right.
“When online gambling practices result in loss of life, it shows how serious the problem is,” he said in response to the phenomenon of rampant crime due to online gambling.
According to Dr Ivanovich, one of the main causes of people getting caught up in online gambling is internal factors. From a neuroscience perspective, online gambling causes addiction in the brain similar to narcotics. This addiction drives a person to continue seeking…
After announcing last month that it was in voluntary administration, national logistics operator XL Express is officially in liquidation.
On June 27, FTI Consulting was appointed as the voluntary administrators of the Brisbane-based transport company to conduct an “urgent assessment” of the company’s viability.
The national business first started operating in 1990, having more than 35 years of industry experience.
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The administration notice impacted XL Express Operations as well as 15 associated entities under the company banner.
On August 4, an ASIC notice confirmed the operator was in liquidation via a noticed of…
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