President Donald Trump accused Democrats of using Puerto Ricos debt as a bargaining chip before the deadline to settle the federal budget. The Democrats want to shut government if we dont bail out Puerto Rico and give billions to their insurance companies for OCare failure. NO! Trump tweeted April 27. Trump appeared to be referring…
Documents filed in court by the corporate watchdog accuse the family behind Diploma Group of receiving millions of dollars from the failed builder-developer through work on private projects, extra salary payments and writing off debt. Administrators have claimed Diploma traded while insolvent for up to a year before collapsing last December owing subcontractors, suppliers, former…
A gambling addict fleeced the Post Office at a WH Smiths store out of over £3,600 while he was working there as a counter service adviser. Chesterfield magistrates court heard on Thursday, May 4, how Barry Shaw, 46, of Hall View, Chesterfield, stole £2,000 from the Post Office at WH Smiths on Low Pavement, Chesterfield,…
A gambling addict fleeced the Post Office at a WH Smiths store out of over £3,600 while he was working there as a counter service adviser. Chesterfield magistrates court heard on Thursday, May 4, how Barry Shaw, 46, of Hall View, Chesterfield, stole £2,000 from the Post Office at WH Smiths on Low Pavement, Chesterfield,…
Precision Electric Ireland has entered liquidation while owing more than 4.3 million to creditors, 3.2 million of which is due to unsecured creditors. The decision to wind up was taken by the company directors on the basis that the companys liabilities far outweighed its assets. According to the directors estimated statement of affairs, the total…
A Liverpool solicitor who failed to tell the Solicitors Regulation Authority about his bankruptcy and borrowed money from an elderly client has been banned from the profession. The Solicitors Disciplinary Tribunal also heard Alan Richard Birkbeck, a solicitor for 17 years, had misinformed police station officials when he wrongly told them he represented a client…
Shares in Pearson have soared as investors cheered a fresh set of restructuring measures unveiled by the education group ahead of its AGM on Friday. Pearson said it was looking at ways to save an additional £300m by the end of 2019 and that it has begun a strategic review of its US school publishing…
Q1 2017 insolvency statistics for England & Wales, published by the Insolvency Service, have shown a rise in both personal and corporate insolvencies. Corporate insolvencies The statistics show that corporate insolvencies have risen 4.5% from Q4 2016 to Q1 2017 and are 5.3% higher than this time last year. Adrian Hyde, president of insolvency and…
Shares in Pearson have soared as investors cheered a fresh set of restructuring measures unveiled by the education group ahead of its AGM on Friday. Pearson said it was looking at ways to save an additional £300m by the end of 2019 and that it has begun a strategic review of its US school publishing…
The following guest post is courtesy of Luis Aureliano, a business writer and financial analyst. With over 15 years of experience in global finance and an MBA in economics and management, Luiss areas of expertise include business, marketing, communications, personal finance, macro economics, stocks and emerging markets. Do you have an idea for a guest…