The number of people going bust has risen for the first time in seven years. Official figures show there were 17.6 insolvencies per 10,000 adults in 2015 and that increased by 2.1 to 19.7 last year. All regions in England and Wales saw increases – the North East is the insolvency capital, while London has…
Women are increasingly more likely than men to see their finances deteriorate so badly that they become insolvent, official figures show. The rate of female insolvencies across England and Wales first overtook that for men in 2014 and since then the insolvency gender gap has widened. In 2016, for the first time, women were more…
Turku, Finland, 2017-07-14 08:00 CEST (GLOBE NEWSWIRE) — TELESTE CORPORATION STOCK EXCHANGE RELEASE 14.7.2017 AT 09:00 PROFIT WARNING: TELESTE RECORDS A GOODWILL IMPAIRMENT AND A RESTRUCTURING PROVISION FOR THE SERVICES BUSINESS IN GERMANY AMOUNTING TO A TOTAL OF EUR 9.3 MILLION AND CHANGES ITS FINANCIAL OUTLOOK FOR 2017 Due to the negative profitability development in…
Greens senator Scott Ludlam has resigned from the Senate after discovering he still had New Zealand citizenship, in breach of the Australian Constitution. Ludlam, born in Palmerston North, moved to Western Australia when he was 3, and only discovered he was a dual citizen last week. He was elected to the Senate in 2007 and…
The ailing Ten network is now in voluntary administration. But this does not spell the end of Australia’s third-ranked broadcaster. Contrary to social media speculation, Ten is not about to shut down. If you tune in tonight, you’ll still see Family Feud, The Project and MasterChef. Play Video Don’t Play Private Sydney: Roxy Jacenko’s offices paint-bombed Play…
The co-deputy of the Greens, Scott Ludlam, has resigned from Parliament after discovering he was ineligible to stand at last year’s federal election. Play Video Don’t Play Mackay ‘didn’t believe anyone would kill him’ Play Video Don’t Play Video duration 02:21 Previous slide Next slide Video duration 01:27 This is bigger than a leaflet: Di…
When Japan’s parliament legalized casino gambling last year, it created a wave of excitement among casino operators and institutional investors. But sensitivities about gambling addiction have now focused the policy discussion on a concept known as responsible gaming. This is industry terminology for programs designed to deter customers with known gambling problems from entering casinos.…
Luxury smartphone manufacturer Vertu is reportedly shutting down its UK manufacturing arm and is facing liquidation after plans to save the exclusive phone brand failed, leaving the company with a reported £128 million ($AU214 million) accounting deficit. The Telegraph reports nearly 200 jobs will be lost as a result of the shutdown of the UK…
Latest News Queensland based Baralaba Coal, formerly known as Cockatoo Coal, has entered into voluntary administration this week, the second time this has happened in as many years. This comes after the company failed to raise $77 million with a share entitlement offer. Baralaba Coal appointed Jason Preston, Shaun Fraser and William Harris, all partners…
The chief executive officer of global security services provider Securitas has been declared bankrupt after falling victim to identity theft. Alf Göransson, who is also the president of Securitas, discovered in April that a falsified loan application had been made in his name the month before, and reported the matter to the police. The loan…