Company collapse: Fight on to avoid ‘massive disaster’ – The Queensland Times

SUBCONTRACTORS are banking on negotiations now under way to protect them from the worst of another major collapse in the Queensland construction industry. Bloomer Constructions Pty Ltd closed a number of building sites across Brisbane last week, ahead of what was expected to be an announcement Tuesday morning about the company’s fate. Instead, Wayne Bloomer,…

Company collapse: Fight on to avoid ‘massive disaster’ – Byron Shire News

SUBCONTRACTORS are banking on negotiations now under way to protect them from the worst of another major collapse in the Queensland construction industry. Bloomer Constructions Pty Ltd closed a number of building sites across Brisbane last week, ahead of what was expected to be an announcement Tuesday morning about the company’s fate. Instead, Wayne Bloomer,…

Five years on from Rangers going into administration the repercussions are still being felt today – Herald Scotland

FIVE years ago today, Rangers went into administration. They have yet to fully recover. That the Ibrox club was on the brink of financial insolvency had been doing the rounds in and around Glasgow for months. For once, however, there was something concrete amid the radio phone-in speculation and taxi driver gossip. On Tuesday February…

MPs demand clampdown on private companies to prevent another BHS – Belfast Telegraph

Sir Philip Green has faced questions in parliament over his role in the collapse of BHS Private and publicly listed companies should face the same level of scrutiny, according to MPs demanding sweeping reforms to corporate governance following the collapse of BHS. The work and pensions committee said the Government could prevent another corporate crisis…

Readers’ travel tips: Travel insurance and insolvency – Illawarra Mercury

Cape Town cruise cancellation: Be sure your travel insurance covers insolvency. Photo: iStock TIP OF THE WEEK SINKING FEELING I agree with “Bitter Pills” (Tip-o-meter, January) regarding travel insurance and have a recent experience that everyone should be aware of. A year ago we booked a “Voyages of Discovery”, Singapore to Cape Town cruise and flights…