Corporate insolvencies in the Republic rose by 22 per cent in the first quarter of 2023, according to Deloitte. The consultancy said there were 146 business failures recorded in the first three months of the year, up from 120 in the same quarter last year. However, Deloitte noted the number of insolvencies was marginally down…
DetailsThe number of corporate insolvencies recorded in the first three months of the year rose 22% compared to the same period last year. But overall the number of insolvencies is down slightly on the last three months of 2022, indicating that the forecasted steep increase in firms going out of business is not currently happening.…
DetailsAlmost 200 people have received personal 1m-plus debt write-offs in the past two-and-a-half years. Figures provided by the Insolvency Service of Ireland (ISI) confirm 197 people have had a million euro or more written off since the last three months of 2020. Those numbers peaked last year, with 31 write-offs of 1m or more in…
DetailsDear Penny, I have just found out that my husband of 16 years in the last six months has gotten himself into gambling trouble of $150,000. Besides being devastated and heartbroken, I am trying to figure out how do I NOT drown and swim out of this water. We both are very successful with great-paying…
DetailsU.S. Rep. Paul Tonko, D-Amsterdam, said legislation he introduced Feb. 9 to prohibit online and television advertising of sports gambling is intended as a long-term initiative that will take time to build support for. The legislation HR 967 had no co-sponsors, as of Tuesday, and critics of the legislation argue that sports gambling advertising is…
DetailsNews Traditional political parties went bankrupt from the time country declared bankruptcy View(s): Opposition MP Patali Champika Ranawaka says a new political party to be launched soon will be based on meritocracy and driven by an innovation-centric economic strategy By Sandun Jayawardana At a time when peoples trust in traditional political parties has eroded enormously,…
DetailsImages of a massive secret stockpile of soft plastics collected for recycling have been revealed in northwest Sydney, exposing the grim extent of the failed REDcycle scheme. Footage from Nine News shows hundreds of bales of bundled soft plastics stacked at a facility in Marsden Park one of 15 similar sites across NSW. The plastics…
DetailsApril 12 (Reuters) – Future Retail Ltd: * FILED APPLICATION BEFORE NATIONAL COMPANY LAW TRIBUNAL, MUMBAI SEEKING EXCLUSION FROM CORPORATE INSOLVENCY RESOLUTION PROCESS * SOUGHT EXCLUSION FOR 90-DAY PERIOD Source text for Eikon: Further company coverage: Read the full article at: https://kalkinemedia.com/in/business-news/business-assets/brief-future-retail-seeks-exclusion-from-corporate-insolvency-resolution-process-for-90-day-period
Details123RF Businesses are shutting down left, right and centre. Meredith Walshe says she will walk away from her business at the end of the week knowing she tried everything within her means to keep it viable. The entrepreneur who started boutique co-working space The Settlement with her husband James Walshe almost six year ago will…
DetailsReuters. FILE PHOTO: People walk across London Bridge during the morning rush hour, with London’s financial district in the background, in London, Britain, April 13, 2023. REUTERS/Henry Nicholls LONDON (Reuters) – More companies in England and Wales entered insolvency during March than at any point since monthly records started three years ago, according to official…
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