Category : Search result: Personal Insolvency


Leaked footage exposes Western United chief's financial claims

Explosive leaked video reveals Western United chairman Jason Sourasis promising investors massive returns while the A-League club teeters on brink of collapse amid embezzlement allegations involving Collingwood AFL captain Scott Pendlebury.

Liverpool legend John Barnes declared bankrupt

Former England and Liverpool football star John Barnes has been declared bankrupt after his media company accumulated staggering debts of over £1.5 million, court documents reveal.

Wales Tops UK Insolvency Chart as Personal Debt Crisis Bites

Exclusive analysis reveals a personal debt crisis gripping Britain, with Wales recording the highest rate of insolvency procedures in England and Wales. Discover the regional hotspots and the alarming 15% annual surge in IVAs.

Personal Insolvencies Surge 23% in England & Wales

New government data reveals a sharp 23% rise in personal insolvencies across England and Wales. Individual Voluntary Arrangements (IVAs) are the primary driver, highlighting a growing debt crisis.

Perth Property Giant Collapses Owing Millions

Perth-based construction firm Tingey Development Group has entered administration, collapsing with massive debts. The shock failure leaves a trail of creditors and unfinished projects across the city.

Queensland trucking company collapses after 23 years

A major Queensland transport company with a 23-year history has entered liquidation, collapsing with massive debts and leaving dozens of employees without jobs in a severe blow to the region's freight industry.

Vashi Dominguez's Jewellery Retailer Collapses into Administration

Exclusive: Vashi Dominguez's high-end jewellery venture, once a glittering success, collapses into administration. Discover the full story behind the downfall of the luxury brand that promised to revolutionise bespoke gems, leaving creditors owed millions

John Barnes settles tax debt, exits bankruptcy

England and Liverpool icon John Barnes has finalised a significant payment to HM Revenue & Customs, officially concluding his bankruptcy proceedings after a three-year financial ordeal.

Fourth Italian Restaurant Chain Collapses in 2025 Crisis

Another major Italian restaurant chain has fallen into administration, marking the fourth such collapse in 2025. The crisis threatens jobs and highlights severe pressures facing UK's hospitality sector from rising costs and changing consumer habits.

River Island Supplier Collapses, 70 Jobs at Risk

Major fashion supplier to River Island, SRS Industries, enters administration, threatening 70 jobs at its Welsh facility. The insolvency experts from Leonard Curtis are now at the helm.

Supreme Court rejects appeal in legal fees case

The UK Supreme Court has upheld a ruling that prevents claimants from recovering success fees from defendants in personal injury cases, marking a significant shift in legal cost regulations.

Nationwide slashes savings rates

Nationwide has reduced interest rates on several savings accounts, leaving customers with lower returns. Experts weigh in on the impact and alternatives.

Jason Manford cancels tour dates citing personal reasons

Comedian Jason Manford has left fans worried after cancelling several tour dates unexpectedly, citing 'personal reasons'. The star, known for his stand-up and TV appearances, has not provided further details, sparking speculation among supporters.

Nationwide shakes up overdraft fees

Nationwide Building Society announces bold changes to overdraft charges, aiming to simplify fees and support customers. Find out how this could impact your finances.

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