Snookered! Insolvent Strictly Come Dancing star faces the music after breaching bankruptcy terms IT’S now a racing certainty that if you have fallen into bankruptcy as a result of gambling, the Insolvency Service will enforce tougher penalties. The latest victim of this crackdown by the Insolvency Service is snooker veteran […]
THE North of England has suffered another crippling body blow after British Steel collapsed into compulsory liquidation. After business recovery talks failed, the jobs of almost 5,000 direct employees have been plunged into jeopardy by its insolvency. Insolvency analysts predict that a further 20,000 workers in the company’s supply […]
JOB losses totalling over 1,000 are on the menu after the restaurant empire of TV chef Jamie Oliver collapsed into administration. The company, which includes 23 Jamie’s Italian outlets, plus the Fifteen and Barbecoa restaurants in London and Jamie’s Diner at Gatwick airport, is the latest high-profile insolvency victim of […]
NEW proposals to protect passengers if an airline hits turbulent times and flies into insolvency are set to come into force. Amid a difficult financial headwind for the sector, the Department for Transport has just published the eagerly-awaited final report from the independent Airline Insolvency Review. The Transport Secretary Chris Grayling […]
NEW figures have revealed a sharp increase in the number of businesses becoming insolvent in the first three months of this year. The Insolvency Service reported that there were 4,187 company insolvencies in the quarter. This represents is 6.3% increase in insolvencies compared to the final quarter of last year. […]
MOST Debenhams stores in Yorkshire and the North East have escaped closure as part of the struggling High Street giant’s battle with insolvency. Only one store – in Stockton – was named on the hit list of 22 towns and cities that will see the famous retailer exit their High […]
FEARS that the UK High Street is fast becoming an insolvency zone have gathered pace, as new research reveals an unprecedented drop in shoppers’ footfall across England and Wales. Monsoon Accessorize, a familiar dual brand across Yorkshire and the North East, is set to become the latest casualty of […]
NEWS that another leading charity has fallen into insolvency as a result of rising pension costs will send further shockwaves around the Third Sector across Yorkshire and the North East, and the whole of the UK. According to reports in the insolvency media, the Rural Development Council closed its […]
HE’S one of the UK’s most prolific singer-songwriters, who shot to fame as the frontman of Oasis. But now his latest business venture looks set to hit the Wonderwall. For Liam Gallagher and his fashion label Pretty Green seem to have struck the wrong chord financially, as they face the […]
NEW research has confirmed a link between the Brexit process and a rise in the number of insolvencies across Yorkshire and the North East, as well as the wider UK. After reaching a decade low in 2015, insolvencies have risen by a fifth over the last three years. According to insolvency […]
