Hundreds of passengers arriving back into Gatwick Airport found themselves stranded after the meet and greet car parking firm theyd used abruptly stopped trading. Gatwick First Parking, which isnt officially affiliated with the airport, had been operating for 10 years, keeping clients cars in a secure CCTV monitored compound. But the company seems to have…
DetailsBoris Becker may have lost his £100m fortune in part because of questionable investments in the Nigerian oil industry, according to claims in the German press. Since the 49-year-old former tennis star was declared bankrupt in a London court last month, speculation has been rife over how he managed to squander a personal fortune estimated at…
DetailsBoris Becker may have lost his £100m fortune in part because of questionable investments in the Nigerian oil industry, according to claims in the German press. Since the 49-year-old former tennis star was declared bankrupt in a London court last month, speculation has been rife over how he managed to squander a personal fortune estimated at…
DetailsNo one likes to admit they’re drowning in debt but making one simple phone call could be your lifeline. The National Debt Helpline is a free service, staffed by trained financial counsellors. It’s the initiative of the Financial Rights Legal Centre and according to Principal Solicitor Alexandra Kelly, counsellors aim to give as much information…
DetailsAdelaide Wednesday July 19, 2017 A controversial plan to sell off RSL Care to help fix the state Returned and Services Leagues financial crisis is effectively off the table after a dramatic power shift in the SA board, with the resignation yesterday of long-serving president Tim Hanna. “Troubling”: Ombudsman questions senior official’s OTR decision ……
DetailsInland Revenue has confirmed its Public Service Association claim that its restructuring will affect more than 4,000 staff though has stopped short of confirming that it will mean a 30% reductoin in staffing numbers by 2021. The tax authority closed some of its services today so it could inform staff about the planned changes to…
DetailsBy Martin North, cross-posted from the Digital Finance Analytics Blog: WA experienced a 20% rise, in personal insolvencies in 2016-17, according to data released today by The Australian Financial Security Authority. On the other hand there were falls in NSW and VIC, highlighting the different economic conditions across the states. The number of personal insolvencies…
DetailsHealthy food franchise network SumoSalad says its close to brokering a deal on rents with Westfield after placing two of its leasing entities in voluntary administration in June, but franchise experts say while the move is a bold one to assert the rights of franchisees, shopping centres are becoming a less attractive place to do…
DetailsThe National Company Law Tribunal (NCLT) on Tuesday admitted insolvency proceedings against textile company Alok Industries, which owes about Rs 23,000 crore to a consortium of lenders. An application for insolvency was filed on June 29 by State Bank of India–one of the lenders to the company–in order to recover its Rs 3,772-crore loan to…
DetailsThe relief program launched by Mexican water authority Conagua in 2014 to help municipalities resolve their water debt problems is moving … Subscriber-Only Content BNamericas develops thousands of news articles, analyses and features every month, always concentrating on how to make or save money in Latin American business. Unique ContentUp-to-the-minute and field-proven industry news in…
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