Carli Harper, Labour’s cabinet member for finance and major projects, told the Local Democracy Reporting Service that liquidating the company was “a strategic decision that makes sense for the long-term”.

Rather than using a private company to borrow money to fund developments, she argued the council could get better deals on loans from the government.

“It means we deliver more homes at better value for money for the taxpayer if we do it ourselves,” she said.

She said the closure of the company would have “no impact” on a planned development of 200 houses at the former Mile Cross depot – while the council was “exploring options” for continuing another development in Bowthorpe, where a total of 1,000 homes are expected to be built.

She…

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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:

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Two hundred jobs are set to be axed as a major trucking company that had been in business for more than three-decades goes bust.

Transport and logistic company XL Express had operated along the east coast, delivering freight and packages between Sydney, Melbourne and Brisbane.

The company had at one point thrived enough to take on a major co-sponsor role for the Brisbane Lions AFL team that included logo rights on the team’s uniform.

The business went into voluntary administration last Friday, along with 16 other related companies. 

FTI Consulting’s ‘Kelly-Anne Trenfield, Joanne Dunn and Ross Blakely have been appointed as administrators. 

In a statement, FTI Consulting said that they are conducting an urgent assessment, to consider the…

KUALA LUMPUR: Fashion designer Datuk Jovian Mandagie has been declared bankrupt by the High Court here over his failure to settle a RM5mil friendly loan to a company.

Senior assistant registrar Muhammad Faisal Zulkifli issued the order against the former son-in-law of Datuk Seri Ismail Sabri Yaakob during a hearing of the creditor’s petition yesterday.

The creditors filed their petition on Nov 20, 2024.

According to documents obtained by the media, Cekap Air Sdn Bhd applied for the bankruptcy notice to be issued against Jovian, 39, after he failed to pay RM5,284,340.66, inclusive of interests, to the construction company.

The company’s lawyer, Siti Nur…

(InvestigateTV) — Getting a call from a debt collector can feel overwhelming—and intimidating. But consumer advocates say the worst thing you can do is panic or pay right away. Before taking action, it’s important to validate the debt and understand your legal rights.

Leslie Tayne, a veteran debt relief attorney, said one of the most common mistakes people make is avoiding debt collection calls altogether.

“Don’t be afraid to say, who are you? Where are you calling from and what is the purpose of the call?” Tayne advised. “If you’re still unsure whether they’re asking you for personal information to verify certain details, you can ask them for a phone number. You can look them up yourself online. Do a little independent…

If you’re struggling with credit card debt, you’re not alone.           

Earlier this year, the American credit card balance set a record of more than $1.2 trillion, according to the Federal Reserve Bank of New York.

The average credit card debt for a Minnesotan ranges between $5,100 and $7,900, according to multiple sources.

“It just can be overwhelming if you don’t chip away at it,” said Peter Eckerline, wealth management advisor and former managing director at Merrill Lynch.

Is credit card forgiveness a good option in this economy?

“Basically, you’re going to your creditors and saying, ‘Hey I want to settle with you for some amount less than what I owe,’” Eckerline said.

But Eckerline says…

TOKYO – A record number of ramen noodle eatery operators in Japan went out of business in 2024, according to a research firm, as the food’s reputation for affordability limits room to raise prices amid soaring ingredient and utility costs.

Also hit by climbing personnel expenses due to labor shortages, insolvencies among ramen business operators resulting in liabilities of at least 10 million yen ($63,000) in 2024 jumped over 30 percent to 72, up from 53 in 2023, Teikoku Databank Ltd. said.

Japanese ramen soup noodles typically combine meat and vegetable toppings with broth. Despite rising costs, the average price of a bowl of ramen is still under 700 yen, according to Teikoku Databank. A popular lunchtime…

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