Credit, Collections & Insolvency News
The Payment Systems Regulator (PSR) has announced the appointment of Lara Stoimenova as Non-Executive Director to its board. Stoimenova brings experience from a wide range of sectors including digital and telecoms in both an executive and non-executive capacity. In looking at the current opportunities and challenges facing payments in the UK and internationally, including the impact…
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In February the following administration notices were issued and advertised in the London Gazette for the following companies: 60 CURZON STREET DEVELOPMENTS LTD A TO B DIRECT LTD A. & S. CARPETS & VINYLS LTD A1 COMMS LTD ACACIA (PB) LTD ACP IP HOLDINGS LTD AQUADART BATHROOMS LTD ARRIVAL AUTOMOTIVE UK LTD ARRIVAL UK LTD…
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Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in February: 1 LANDMARK BUILDERS LTD 11097893 LTD 111 HEALTHCARE LTD 129 MOSELEY LTD 13 BAR LTD 1371 LTD 16 CTR LTD 17 CTR LTD 1787 DESIGN LTD 1POUND ISLAND LTD 1ST CALL RECRUITMENT (LINCOLN) LTD…
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In February Winding Up Petitions (Companies) were issued and advertised in the London Gazette for the following companies: 10TEN TALENT LTD 2 INNOVATIVE (LEIC) LTD 2020 HOMES LTD 31 HARLEY STREET LTD 38 EASTBURY AVENUE DEVELOPMENTS LTD 4XL PROFESSIONAL SERVICES LTD A & R PIKE INTERIORS LTD ABILO JOINERY LTD ADANA MANAGEMENT GROUP LTD ADL…
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The Treasury has announced that it expects to raise £240 million in the first year after launching a new tax collection policy. Private sector debt collectors will be enlisted to collect up to £4.3 billion in unpaid taxes, as part of a budget crackdown spearheaded by HMRC. The plan involves increasing HMRC’s capacity to follow…
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Nationwide Building Society has had an all-cash bid for Virgin Money accepted. The move that will make Nationwide the UK’s second-largest mortgage provider, leapfrogging Natwest. Nationwide will pay 220p per share comprising 218p per share cash plus a 2p dividend in a deal that values Virgin at £2.9 billion, a 38% premium to Wednesday’s close.…
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Women who have been rejected for a credit or loan application are significantly more likely than men to assume that “no means never” and struggle on without financial support, according to research by Fair4All Finance, the not-for-profit financial inclusion organisation. Polling of 3,101 adults across the UK showed more than one in three women (36%)…
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