Debt relief charity founder with ‘passion for financial justice’ stepping back – Aberdeen Evening Express

The founder of debt relief charity Christians Against Poverty (CAP) is stepping back from his role, 25 years after the organisation was set up. The Archbishop of Canterbury, the charitys patron, described CAP founder John Kirkby as having a passion for financial justice. The organisation was founded in Bradford, Yorkshire, in August 1996 and works…

Pre-pack scheme for insolvency banks on fair debtor-creditor ties – Business Standard

Business Standard The journey of a pre-pack starts with an informal understanding, engages stakeholders, and ends with a judicial blessing of the outcome TopicsInsolvency and Bankruptcy Code|Banking sector The pre-packaged scheme, touted as the next stage in the evolution of the Insolvency and Bankruptcy Code (IBC), 2016, will attempt a balancing act, as lawmakers put…

Warning that calling time on ‘rent rebels’ could signal end for 5800 companies | TheBusinessDesk.com – The Business Desk

Landlords getting tough with so-called rent rebels could force 5,834 companies out of business and trigger 326m-worth of insolvent debt that further decimates city centres. That is according to analysis from Stockport-based insolvency scorecard Red Flag Alert. Concerns are mounting that April will see companies fighting for survival after a COVID-19 moratorium on evictions ends…