Thousands of people seek help from Hartlepool advice service in last year – Hartlepool Mail

A Hartlepool advice service helped more than 4,600 people in the last year including almost 1,000 with debts totalling £6.5million. Citizens Advice Hartlepool says the level of debt people are dealing with has not gone down over the last 12 months and can have a devastating impact including people losing their homes. Christopher Akers-Belcher. Picture…

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Electrical company Russell-Smith collapses into voluntary administration two years after being rescued from receivership – SmartCompany.com.au

Tasmanian electrical and communications company Russell-Smith has ceased trading, after being placed in the hands of external managers at the end of last year. Stewart Free and Bradd Morrelli from Jirsch Sutherland were appointed as voluntary administrators to Russell-Smith Pty Ltd on September 22. It comes only two years after the companys former parent company,…

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Greece needs substantial debt relief, surplus targets unrealistic: IMF – Reuters UK

By George Georgiopoulos and Lefteris Papadimas | ATHENS ATHENS Greece needs substantial relief to render its debt load sustainable and help set its ailing economy on a recovery path, the International Monetary Fund said in an annual review on Friday. The review, which is separate from current bailout implementation talks, said debt relief must be…

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