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.
Category : Search result: insolvency
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.
WAG retail chain files for bankruptcy in California
WAG, a California-based retail company, has filed for Chapter 11 bankruptcy, citing financial difficulties. The move aims to restructure debts while keeping stores operational.
UK business distress hits 20-year high amid tax hikes
A record number of UK companies are facing financial distress as rising taxes and economic pressures push firms to the edge, warns Begbies Traynor.
Nvidia restarts AI chip sales to China amid trade tensions
Nvidia has restarted shipments of its H20 AI chips to China, despite ongoing US trade restrictions. Meanwhile, Japan warns of potential UK tariffs, and insolvency rates rise. Here’s the latest.
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