Insolvency Guardian 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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Liberty Steel company millions in debt but 'has only £650,000'  Yorkshire Post Read the original article here
NCLT Declares Kapil Wadhawan Bankrupt As Supreme Court Tightens Scrutiny On DHFL Scam  BW Legal World Read the original article here
The number of private schools collapsing into administration has doubled in the first half of this year, as the government’s
Holly Willoughby’s media company is set to return to a specialist insolvency court in November following the result of a
Holly Willoughby (PA)Holly Willoughby’s media company is set to return to a specialist insolvency court in November following the result
After just under a year in business rescue, retailer West Pack Lifestyle is eyeing a new strategy under its new
Bankrupt jewelry retailer Claire’s to sell its North American business  CTV News Read the original article here
Sweet repays old gambling debt, finds a family  hannapub.com Read the original article here
The latest company insolvency statistics show accommodation and food service insolvencies rose from 296 in May 2025 to 307 in
A tragedy of poverty and gambling addiction lies in a father's decision to take his own life after killing his
E&E News: Electric school buses hit pothole after major supplier goes bankrupt  POLITICO Pro Read the original article here

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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…

Read the original article here

Liberty Steel company millions in debt but ‘has only £650,000’  Yorkshire Post

Read the original article here

NCLT Declares Kapil Wadhawan Bankrupt As Supreme Court Tightens Scrutiny On DHFL Scam  BW Legal World

Read the original article here

The number of private schools collapsing into administration has doubled in the first half of this year, as the government’s VAT changes bite into the sector’s finances.

Figures released by risk advisory firm Kroll show that 12 private schools went into administration between January and July, compared with six during the same period last year. Four of those failures occurred in July alone, raising fears that closures could accelerate further.

Kroll warned that administrations across the education sector could end the year almost 50 per cent higher than in 2024. Experts attribute the sharp increase to Labour’s decision to apply VAT at 20 per cent to private school fees from January and to abolish the sector’s charitable…

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Holly Willoughby’s media company is set to return to a specialist insolvency court in November following the result of a tribunal appeal.

Roxy Media, the media production and management firm run by the TV presenter and her husband Dan Baldwin, is facing winding-up proceedings from His Majesty’s Revenue & Customs (HMRC).

A hearing at the Insolvency and Companies Court in April heard that the firm owed £377,000 in tax, which had been reduced from an unknown amount.

Lawyers for Roxy Media said last month that the company was seeking to take the case to a tax tribunal.

The company applied for a further adjournment on Wednesday to await the outcome of that appeal.

Jon-Selous Borlace, for HMRC, told the specialist court: “The company said…

Read the original article here

Holly Willoughby (PA)

Holly Willoughby’s media company is set to return to a specialist insolvency court in November following the result of a tribunal appeal.

Roxy Media, the media production and management firm run by the TV presenter and her husband Dan Baldwin, is facing winding-up proceedings from His Majesty’s Revenue & Customs (HMRC).

A hearing at the Insolvency and Companies Court in April heard that the firm owed £377,000 in tax, which had been reduced from an unknown amount.

Lawyers for Roxy Media said last month that the company was seeking to take the case to a tax tribunal.

The company applied for a further adjournment on Wednesday to await the outcome of that appeal.

Jon-Selous Borlace, for HMRC, told the specialist…

Read the original article here

After just under a year in business rescue, retailer West Pack Lifestyle is eyeing a new strategy under its new owners, with a specific focus on a franchising model.

Launched in 2008, West Pack is one of South Africa’s most recognisable retail brands. Its offering spans storage and pantry solutions, cleaning and catering supplies, partyware and everyday essentials.

West Pack comprises numerous companies, including West Pack Lifestyle, West Pack Lifestyle Distribution Centre, West Pack Franchise, Petzone, and Petzone Franchise.

The company’s related businesses include Café Estreito, Café Estreito Franchise, and Beija Flor Investments. Overall, West Pack employs 924 employees.

However, the retailer entered…

Read the original article here

Bankrupt jewelry retailer Claire’s to sell its North American business  CTV News

Read the original article here

Sweet repays old gambling debt, finds a family  hannapub.com

Read the original article here

The latest company insolvency statistics show accommodation and food service insolvencies rose from 296 in May 2025 to 307 in June 2025, reflecting a 4% month-on-month rise and the highest monthly figure since November 2024.

As noted by London-based turnaround and restructuring firm Buchler Phillips, the number of monthly hospitality insolvencies has remained consistently over 270 so far this year.

 “It’s not getting any easier out there; if anything, it’s tougher,” says Jo Milner, managing director of Buchler Phillips.

The total number of accommodation and food service insolvencies is down 5.5% on the 1,806 recorded in the first half of 2024.

However, Buchler Phillips adds that the second quarter of 2025 saw a 6.5%% increase in…

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A tragedy of poverty and gambling addiction lies in a father’s decision to take his own life after killing his wife and two children. In a statement, Minarul Islam mentions “debt and hunger”. This tragedy is like several others that have occurred in recent weeks. Investigators have opened a case to shed light on the organisation that lent the man money.

Rajshahi (AsiaNews) – “I can’t bear this suffering anymore. Better to die than live. No one should be humiliated for my sake.”

These are the last words of Minarul Islam, 35, a farmer from Bamanshikar, Rajshahi, a village near the Ganges, whose body was found hanged in his home on 15 August.

Beside him lay the bodies of his wife, Monira Khatun, 30, his son, Mahim, 14, and…

Read the original article here

E&E News: Electric school buses hit pothole after major supplier goes bankrupt  POLITICO Pro

Read the original article here