Credit: Mikael Seegen via Unsplash Staff noticed what they now describe as “red flags” at No Standing before the digital marketing agency went into voluntary liquidation. “I was always paid late … I’d be shocked if my superannuation ever turns up,” an insider who did not want to be named told AdNews. “There’s an extreme…
If you’re facing problems with credit card debt, there are solutions to consider, experts say. Getty Images With the costs rising for nearly everything due to high and persistent inflation, it’s no surprise that many Americans are turning to credit cards to help pay for essentials. But while this approach can help fill in the…
The London-headquartered business – which is behind the dim-t and Wildwood restaurant chains – faced an uncertain future after persistent difficult trading conditions impacted its profitability. The business hired advisers from FRP to advise on the possibility of securinng a restructuring plan in the courts, a set of procedures and measures that were introduced as…
Lord Sikka | Photo: UK Parliament Insolvency data is always closely analysed as a barometer of the commercial health of the nation. The figures for April show that after seasonal adjustment, the number of registered company insolvencies in England and Wales was 2,177, 18% higher than in the previous month. However, it is the length…
KUALA LUMPUR: A 67-year-old man had to disown his son due to his gambling addiction and substantial debts. Retiree Wong Yock Sang said his 35-year-old son was a chronic gambler who borrowed from loan sharks to fund his lifestyle. “I exhausted my life savings to settle his RM240,000 debt in 2019 because he promised to…
Credit: Rome Reports The Pontifical Academy of Social Sciences gathered top academic experts, economic leaders and religious leaders on 5 June to address the concerning debt crisis in the global south. Those gathered for this event had an audience with Pope Francis, where he spoke of the consequences of mismanaged globalisation. In order to try…