Clients come from a range of social and economic backgrounds. Many have found themselves in financial difficulty due to unexpected life-changing events such as unemployment, ill health, accidents, divorce and domestic violence. Over 30 experiences, gifts and merchandise were donated by individuals, groups and businesses and auctioned at the event, including a five-course Gourmet dinner…
DetailsWhat Happened: In what could be one of the biggest scandals of the year, Chinese Olympic gold medalist Zhang Jike has been dropped by major brands after allegedly sharing intimate videos of his former girlfriend to pay off his gambling debt. Earlier last week, rumors emerged on Chinese social media that the retired table tennis…
DetailsHONG KONG Markets are welcoming Chinese tech giant Alibabas plan to split into six independent entities. The reason might seem obvious. Because smaller autonomous units appear likely to be nimbler and more adaptable, one might expect the restructuring to help to revitalize the massive company and boost productivity. One might also assume that dividing the…
DetailsClearScore, one of the UKs leading providers of credit scores and reports, today announced a new partnership with StepChange, the UKs leading debt advice charity. The partnership comes as the cost-of-living crisis continues to create new challenges and pressures on household finances, with ClearScores data, powered by open banking technology and based on 160,000 UK…
DetailsClearScore, one of the UKs leading providers of credit scores and reports, today announced a new partnership with StepChange, the UKs leading debt advice charity. The partnership comes as the cost-of-living crisis continues to create new challenges and pressures on household finances, with ClearScores data, powered by open banking technology and based on 160,000 UK…
DetailsSINGAPORE – A Singaporean judge has been inducted as an international fellow at the American College of Bankruptcy (ACB), an association of global bankruptcy and insolvency experts that includes judges, academics, government officials and financial advisors. Justice Kannan Ramesh is the first Singaporean judge to be invited to join the association. The Singapore courts said…
DetailsGetty Images Talks to resolve a long-running row between Royal Mail and staff members over pay and conditions have collapsed. Royal Mail says it is “deeply concerned” discussions concluded without agreement and claimed it made “substantial efforts” to reach a deal. The Communication Workers Union said it was willing to continue negotiations. Royal Mail said…
DetailsThe Insolvency Service Published 14 March 2023 Contents 1. Main Messages for England and Wales 2. Things you need to know about this release 3. Company and Individual Insolvencies in England and Wales 4. Company Insolvencies in Scotland 5. Company and Individual Insolvencies in Northern Ireland 6. Data and Methodology 7. Glossary Print this page…
DetailsApril 5, 2023 11.56am April 5, 2023 11.56am Normal text sizeLarger text sizeVery large text size China Evergrande, the worlds most indebted property company, has finally convinced a core group of its creditors to support a restructuring of its $US20 billion ($30 billion) of offshore bonds. The nature of the deal, however, will provide little…
DetailsHyderabad: The National Company Law Tribunal (NCLT) at Hyderabad took note of the default by Sukesh Gupta and his company, MBS Impex Pvt Ltd, in repaying loan taken from ICICI. The bank entrusted task of recovery to Rare Asset Reconstruction Ltd. Its counsel Dishit Bhattacharji told TOI that the tribunal admitted its application against Gupta…
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