WHEN Bryan Robson was the elder statesman of the Manchester United squad in the early 1990s, Sir Alex Ferguson set him a task with the Class of ’92. The England legend was asked by the iconic boss to help the incredible youngsters coming through at Old Trafford with their financial matters. 10 Man Utd ambassador…
The Apprentice candidate Raj Dhonota has experienced bankruptcy twice in his career which he has recently opened up about in an exclusive interview with Express.co.uk. The 49-year-old, who lives in Kent with his family, is planning on moving to California to re-launch his career following his most recent bankruptcy. Longtime fans of The Apprentice will…
Amy Jolliffe’s desperation at her ballooning HECS-HELP debt of $64,000, more than twice the average of $26,494, is emblematic of the growing helplessness felt by many graduates years after they’ve left university. High inflation has meant the annual indexation 7.1 per cent last year is growing their debt faster than they can pay it off.…
Share this article Railcoop had been planning on relaunching services between Lyon and Bordeaux. Credit: trabantos/Shutterstock.com French open-access rail co-operative Railcoop has confirmed reports that it is likely to enter liquidation after a restructuring attempt seemingly failed to address the financial difficulties that saw the venture placed into administration. While the French courts final decision…
Australian electric vehicle (EV) charging equipment manufacturer Tritium, which had pivoted to the US market, has declared itself insolvent. Troubled Tritium, in a filing on April 18, 2024 with the US Securities and Exchange Commission (SEC), has called for an administrator to be appointed. On April 18, 2024, by resolutions of their boards, it was…
Johannesburg, South Africa 18 April 2024: The annual Deloitte Africa Restructuring Survey reinforces the importance of effective governance and robust financial controls to ensure business distress is detected early enough to take the necessary steps to protect or salvage the organisation. These governance and financial controls become increasingly important in the context of the recent…
April 18, 2024 PARTICIPANTS: JIHAD AZOURDirector of Middle East and Central Asia Department International Monetary Fund ANGHAM ALSHAMICommunications Officer International Monetary Fund * * * * * MS. ALSHAMI: Good morning. Good afternoon. Thank you for joining us today on the Regional Economic Outlook for the Middle east and Central Asia. I’m Angham Alshami from…
Green behaviour change platform Do Nation is to cease trading after 14 years in response to challenging economic conditions, increased market competition, and a failure to secure fresh investment, the company’s founder and CEO Hermione Taylor has announced. Writing on LinkedIn last week, Taylor said she had made the “sad decision” to enter the B-Corp…
Professional services firm Kroll has announced the appointment of Angela Barkhouse to its offshore restructuring practice. Barkhouse will head up the division, while also co-leading its growing business in the Cayman and British Virgin Islands. The Cayman Islands and British Virgin Islands are British overseas territories in the Caribbean, which hosts a zero-percent taxation policy;…
The company writes in a notification to the US Securities and Exchange Commission that Tritium DCFC and three of its Australian subsidiaries are insolvent or likely to become insolvent. Although Tritium was founded in Australia and still has its headquarters there, it has been listed on the Nasdaq in the USA since the beginning of…