Fake insolvency practitioner faces maximum 15-year ban

7th February 2022 Insolvency | #insolvency regulation

A maximum 15-year ban has been imposed on a company director after he posed as a fake Insolvency Practitioner. Kevin Morris, also known as Kevin Gordon Sykes,  from north London has been disqualified for the maximum 15 years after he was found to be a de facto director of Rigil Kent Acquisitions Limited (RKAL), while…

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Average water bills set to rise by 1.7%

7th February 2022 Arrears and Recoveries | #water bill

Water UK has announced that water bills are set to rise from April, adding to the cost of living crisis due to hit households across the country. As water companies issue customers’ water bills for next year, showing an average increase of 1.7%, or about £7, Ofwat has called on water companies to make providing…

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Interim Chairs at the FCA and PSR announced

7th February 2022 Appointments | #appointments

HM Treasury has announced that they have started the search for the next Chair of the Financial Conduct Authority (FCA). While the search for Charles Randell’s permanent successor concludes, Richard Lloyd OBE will act as Interim Chair of the FCA from 1st June 2022. Aidene Walsh will act as interim chair of the Payments Systems…

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TransUnion and Leeds parter in Challenge90 for Yorkshire Cancer Research

7th February 2022 Company News |

Global information and insights company TransUnion announces it has teamed up with Leeds United to be part of Challenge90 with the club’s official charity partner, Yorkshire Cancer Research. Challenge90 encourages the Leeds United community to exercise for 90 minutes – the duration of a football match – every week until the end of the football season in May. The aim…

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Half of credit card holders plan to use Buy Now, Pay Later in 2022

New data has revealed that the majority of credit card users are planning to use Buy Now, Pay Later (BNPL) services this year. The survey, by Splitit, investigated credit card holders’ attitudes towards spending, specifically around BNPL. The data shows that over half of respondents (54%) are planning on using BNPL services in 2022, with…

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Hospitality firms call for permanent VAT cut

7th February 2022 Commercial Credit Management |

Prices for restaurant meals and hotel stays are set to rise, with UK Hospitality saying firms are being forced to pass on surging costs. A survey by the industry body suggests prices across the sector are set to increase 11% on average this year as firms see steep increases in the cost of energy, labour,…

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INSOLVENCY NOTICES: Appointment of Administrators – January 2022

In January the following administration notices have been issued and advertised in the London Gazette for the following companies: 10X PSYCHOLOGY LTD A/P RECOVERY UK LTD ACCUMULATE CAPITAL LTD ACCUMULATE COMMERCIAL LTD ACCUMULATE LONDON SW LTD ACCUMULATE RESIDENCES LTD ALL FLINTSHIRE CREDIT UNION LTD BEAUMONT MORGAN DEVELOPMENTS LTD BIG HOME SHOP LTD BIOSURE (UK) LTD…

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INSOLVENCY NOTICES: Winding Up Petitions – January 2022

7th February 2022 Business | #WINDING UP PETITIONS

In January Winding Up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 09546590 LTD A.C.O.R.D (AGENCY FOR CO-OPERATION AND RESEARCH IN DEVELOPMENT) A3 MEDICAL LTD ADVANCED THERMAL SOLUTIONS LTD ALEXANDER JAMES COX LTD ALL FIVE HOLDINGS LTD ALPHA CONSTRUCTION MANAGEMENT LTD ANDY BOLTON GROUP LTD ARMITECH LTD ASCESIS…

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LIQUIDATION NOTICES: Creditors Voluntary Winding-Up – January 2022

7th February 2022 Business | #insolvency liquidations

Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in January: 11:11 ESTATES LTD 3PHASE GAS, WATER, OIL LTD 4 DESIGN & BUILD LTD 45 WEST BAR LTD 53 BO’ GROVE LTD 8080 SOLUTIONS LTD A & M ULTIMATE FASHION LTD A C C AIR…

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