UPDATE 7pm: AFTER months of uncertainty an embattled central Queensland miner and part-owner of Wiggins Island Coal Export Terminal was placed into liquidation today. Administrators PPB Advisory confirmed this afternoon creditors voted that all five companies in the Caledon Coal Group (Caledon Coal Pty Ltd, CC Pty Ltd, Guangdong Rising (Australia) Pty Ltd, Blackwater Coal…
Former board members of the collapsed charity Kids Company including its founder, Camila Batmanghelidjh, and the former BBC chief Alan Yentob face being banned from serving as company directors from up to six years. The Insolvency Service has written to the former directors to tell them that the business secretary, Greg Clark, intends to bring…
The Finance Sector Union is bracing for the possibility of significant job losses at ANZ as the bank’s chief executive Shayne Elliott moves to reassure staff about his dramatic restructure of the business. Mr Elliott sent out a manifesto to staff on Monday calling for a more “agile” workplace and a revolution of outdated work…
Debt management or “credit repair” services can make some alluring promises to those with financial problems. They say they can silence the phone, turn away the debt collectors, wipe away black marks from your credit record – and make those money woes go away. But so often these promises are not met. In too many…
Kids Company ex-directors facing bans 31 July 2017 From the section Business Image copyright Getty Images Business Secretary Greg Clark is to bring proceedings against former directors of the collapsed charity Keeping Kids Company to have them banned from company directorships. The Insolvency Service names former chief executive Camila Batmanghelidjh, Alan Yentob and seven others.…