Photo: Shutterstock With so much economic strife and uncertainy on our doorstep, many HR leaders will have to take a deep breath and confront the difficult issues of company insolvency and administration. Raoul Parekh and Ben Smith, offer guidance These are difficult times for businesses in almost every sector, and sadly a rise in insolvencies…
DetailsAn FFA spokesperson said Neill and Ferguson-Cook were there in an ambassadorial capacity to help co-ordinate Gustavsson’s unveiling but would not confirm if a formal deal was in place with the 42-year-old. However, sources close to the federation indicated the former Blackburn, West Ham and Everton defender was not making a one-off cameo but had…
DetailsContents1 Read More2 Related Articles3 Read More4 Related Articles A gambling addict’s luck ran out after he stole 15,000 from a Teesside bank. Gavin Wilson admitted robbing the large sum of money from the Barclays branch on York Road, in Hartlepool, on June 12. The 42-year-old brandished an imitation gun during the frightening incident. Wilson,…
DetailsONE of East Lancashires leading insolvency law firms has appointed a new specialist to its business recovery team as part of a planned expansion. Matthew Martin will be joining Blackburn firm Napthens after completing his training contract in Cheshire and developing specialist skills and knowledge in insolvency law. Mr Martin, a University of Sheffield graduate,…
DetailsThe Marine Discovery Centre in Eden has entered voluntary administration as it is unable to afford the $1 million it needs to make essential safety repairs to the wharf building, required as part of its lease agreement. Key points: The Department of Crown Lands gave the centre 28 days to rectify “serious” safety issues with…
DetailsAhead of the budget, the government has announced new rules that will allow small businesses at risk of collapse to continue to work out their problems instead of appointing an administrator. They are needed because of an avalanche of insolvencies awaiting the end of an effective moratorium on bankruptcies (a so-called regulatory shield) that expires…
DetailsThe new measures will apply to incorporated small businesses with liabilities of up to $1 million. Almost all such businesses have 20 or fewer employees and constitute three-quarters of all businesses facing bankruptcy in the current crisis. Under the policy, a small business operator facing financial distress can seek advice from an insolvency practitioner on…
DetailsNew rules will allow insolvent small businesses to keep trading rather than go straight into administration. Ahead of the budget, the government has announced new rules that will allow small businesses at risk of collapse to continue to work out their problems instead of appointing an administrator. They are needed because of an avalanche of…
DetailsTHE council has become the first local authority in the country to sign a charter pledging to support employees struggling with gambling. The harmful gambling workplace charter is a framework between unions and employers, launched by Unite last year, which encourages businesses to offer support to any employee who is experiencing gambling related harms. Wigan…
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