For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Searches for debt consolidation loans jumped by 29% in January compared to the same month last year, according to credit information company Experian. The increase in searches on…
T he number of people going financially insolvent across England and Wales hit a three-year high in 2022, according to official figures. In addition, the number of company insolvencies jumped to the highest level since 2009 last year, in further signs of the impact of tough economic conditions on people and businesses. Some 118,850 people…
Searches for debt consolidation loans jumped by 29% in January compared to the same month last year. The data from credit information company Experian suggests some people are looking for ways to make their debt repayments more affordable or simplify their repayments by bringing their debts together. Just over a fifth (21%) of debt consolidation…
Business insolvencies jumped 30% to a 13-year high in 2022 as government support programmes that offered companies protection from their creditors during the pandemic came to an end. Soaring costs and weakening consumer demand in the second half of last year also combined to force many firms into liquidation, said analysts who predicted the situation…
Lostock Sustainable Energy Plant Ltd (LSEP Ltd) has appointed global engineering, procurement, consulting and construction Company Black & Veatch as the engineering, procurement and construction management (EPCM) contractor to support LSEP in delivering its Energy from Waste facility at the Lostock Works site near Northwich. Clean energy technology specialist, Babcock & Wilcox, has also been…
Refinancing action will reduce net debt by approximately 65% Global manufacturing and delivery of products to continue uninterrupted to meet robust customer demand Strong sequential improvement achieved in preliminary 4Q22 financial results Executed strategic actions accelerating a renewed focus on core businesses ELYRIA, Ohio, February 01, 2023–(BUSINESS WIRE)–Invacare Corporation (NYSE: IVC) (“Invacare” or “the company”),…
Welcome toForeign Policys Africa Brief. The highlights this week:Italy and Libya sign a gas deal,taking offense at Germanys Twitter emojis, and the United Arab Emirates solar power cooperation with Zambia. If you would like to receive Africa Brief in your inbox every Wednesday, please sign uphere. Africas Debt Problem U.S. Treasury Secretary Janet Yellen and…
The board thinks the current proposal is a reasonable compromise that should receive a sufficient majority among the companys creditors and shareholders. But, if the proposal is not adopted, there will be no prospect the company will be able to achieve a reconstruction and the court will probably open bankruptcy after a report from the…
Searches for debt consolidation loans jumped by 29% in January compared to the same month last year, according to credit information company Experian. The increase in searches on Experians marketplace suggests some people are looking for ways to make their debt repayments more affordable and/or simplify their repayments by bringing their debts together. Just over…