A Buxton shoe firm which employed 50 staff has gone into voluntary liquidation. The decision was taken after Bells Shoes lost an account with Clarks which accounted for nearly half of the firms 18m turnover. Redfoot Shoes, which is based in Bacup in East Lancashire, has announced it is investing over 1m to develop the…
Katie Price goes shopping at POUNDLAND weeks before bankruptcy hearing… as she faces possible homelessness thanks to debts of up to 500,000 By Andrew Bullock For Mailonline Published: 03:03 AEDT, 19 November 2018 | Updated: 06:28 AEDT, 19 November 2018 2.3k shares 132 View comments Katie Price went shopping at high street bargain store Poundland…
Katie is keen to keep things cheaper (Picture: Quest) Katie Price has turned a touch thriftier after she narrowly dodged bankruptcy last month. While the 40-year-old could still face being declared formally bankrupt, after she was given five weeks to repay her debts, the reality star is clearly making some smart decisions with her money…
I met a young entrepreneur who runs a debt-solutions business that helps people who cannot get out of their financial mess. Like others in its industry, this business provides budgeting advice, assists clients with payment arrangement with creditors and lends money. Sadly, business is booming. I say sadly because nobody likes to see people wreck…
Afrikaner rights group AfriForum said over the weekend they might have to attempt to have EFF leader Julius Malema and his party declared bankrupt in an effort to squeeze out the last of the legal costs the party still owes AfriForum. On Wednesday, two separate judges of the High Court in Pretoria granted two further…
A recent trend that has emerged in South African businesses shutting their doors is to opt for the path of business rescue, as opposed to liquidation. While many believe that a business rescue process is only implemented to stall a liquidation, thereby also frustrating the creditors of a company, this is not the case. Business…
Katie Price has her hands full with bagloads of bargains from Poundland. The mum of five was once worth 45million thanks to a hugely successful modelling career, TV shows, books and endless product endorsements. But now it looks like she is checking the Pricey of things a little more carefully after a change in her…
Business News of Saturday, 17 November 2018 Source: 3news.com The Central Bank, Bank of Ghana Officials of the Central Bank involved in alleged misconduct leading to the collapse of some indigenous banks are being investigated, 3news.com has gathered. Most of them will be sacked if the allegations against them are found to be true. On…
Paul ODonoghue, IrelandBusiness Reporter It was hoped that the turbines would prove the technology of OpenHydro, co-founded by Brendan GilmoreNICOLAS JOB An Irish-made turbine deployed in Canada in July to help test the viability of tidal technology was damaged beyond repair after only two months. Dublin-based OpenHydro was one of the first companies to attempt…
Auditor General Edward Ouko has said the East Africa Portland Cement Company (EAPCC) cannot pay its debts. The companys books have deteriorated rapidly over the past one year, pushing it Sh2 billion further into insolvency. ALSO READ: Billions gobbled up by Nairobi County, audit reveals The groups current liabilities exceeded its current assets by Sh6…