Britain’s second-largest city has reportedly declared itself bankrupt and has shut down all non-essential spending after being issued with equal pay claims totaling up to 760 million ($956 million). According to a report by CNN, the deficit arose due to difficulties paying between around $816 million and around $954 million in equal pay claims. Birmingham…
DetailsQueenslanders are doing it among the toughest in Australia when it comes to staying afloat during a cost of living crisis. Personal insolvencies across Australia have spiked in the 2023 June quarter, according to new statistics released by the Australian Financial Security Authority (AFSA) with 2,705 new personal insolvencies in the three-month period up 17…
Details“We are thankful for the work and effort so many individuals have put into PSE over the years, but feel it is the right time for them to return home to separate organizations,” Sabres owner and president Terry Pegula said. “We feel that now is the right time to dissolve PSE and allow everyone to…
DetailsNourish Foods Pty Ltd, the parent company of organic childrens food brand Whole Kids, has been placed in voluntary administration, just months after it failed to raise $1 million via crowdfunding. The 18-year-old B Corp-certified family business is now being put on the market by administrators Tim Heesh and Mark Everingham of TPH Advisory after…
DetailsFamily-owned food company Nourish Foods, makers of Whole Kids, has entered into voluntary administration as it struggles to maintain working capital and keep the business afloat. The company launched a third equity crowdfunding campaign via Birchal in May, which was put on hold. Tim Heesh and Mark Everingham of TPH Advisory have been appointed voluntary…
DetailsNourish Foods has entered voluntary administration after an investment deal with a major retailer collapsed. The healthy snack company had stalled its third equity raise to pursue the agreement. Nourish Foods co-founder and CEO Monica Meldrum. In a letter to investors, founder and CEO Monica Meldrum said, After 18 years of trading and leading the…
DetailsWhole Kids co-founder Monica Meldrum. Source: supplied. Prominent healthy snack brand Whole Kids is in voluntary administration, months after its parent company paused its third equity crowdfunding attempt on Birchal. Whole Kids was founded by Monica Meldrum and James Meldrum in 2005 and manufactures a range of organic, additive-free and allergen-friendly snacks for families. Over…
DetailsHARRISBURG, Pa. (KDKA) — With student loan payments set to restart in October, Pennsylvania’s attorney general is warning about debt relief scams. Attorney General Michelle Henry said scammers are always looking for ways to catch consumers by surprise, so be wary of potential solicitation calls offering loan discharge, forgiveness, cancellation or relief services for a…
DetailsSACRAMENTO, Calif. , Aug. 30, 2023 /PRNewswire/ — Navigating the complicated world of personal finance and mounting debts can feel like an insurmountable challenge. However, with “Debt Busters” on the scene, a new era of financial relief and empowerment is unfolding. Launched in March 2023 , this innovative debt relief company not only offers a…
DetailsLONDON: Local government bodies on Tuesday (Sep 5) warned that more councils across the UK could declare themselves in financial dire straits, after the country’s second biggest city said it could not balance its books. Birmingham City Council in central England said it had issued a Section 114 Notice under the Local Government Finance Act…
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