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Rate of Personal Insolvencies Sees Significant Increase in Sunderland

The rate of personal insolvencies in Sunderland has significantly increased over the last two years, official data has revealed. In 2015, 24.8 adults per 10,000 were declared insolvent in Sunderland, according to Insolvency Service figures. However by 20 ...

Daily Headline - global.abi.org - 07/19/2018 - 01:33 - 0 comments

Learndirect Apprenticeships Arm Sold for Second Time in a Month

The UK’s biggest provider of apprenticeships is to change hands for the second time in less than a month after the man who purchased Learndirect on June 23 agreed to sell its apprenticeships arm for £1 to Staffline, the listed employment agency. The sale ...

Daily Headline - global.abi.org - 07/16/2018 - 23:08 - 0 comments

Debenhams Denies Cash Crisis Over Supplier Insurance

British department store retailer Debenhams said it had a healthy cash position after a media report on Sunday saying insurers had cut cover for its suppliers sent its shares lower, the Irish Times reported. Shares in Debenhams fell as much as 8 per ...

Daily Headline - global.abi.org - 07/16/2018 - 23:08 - 0 comments

One in Four UK Companies Insolvent in Last Six Months Due to Customer Insolvency Problems

Over a quarter of UK companies have suffered a hit to their finances following the insolvency of a customer, supplier or debtor in the last six months, according to new research, Business Matters reported. The research found the financial impact of t ...

Daily Headline - global.abi.org - 07/16/2018 - 01:39 - 0 comments

Administrators Offered £1 for Cambridge Analytica Affiliate

Administrators for SCL Elections, an affiliate of Cambridge Analytica, attempted to sell the company but only received four proposals, including an offer for £1 for the scandal ridden data firm’s brand name, according to a corporate filing on Saturday. C ...

Daily Headline - global.abi.org - 07/16/2018 - 01:41 - 0 comments

Theresa May Still Seeks a Special Relationship With the E.U. for London’s Banks

Britain’s government, in a plan unveiled on Thursday, envisions a new, special arrangement for the country’s large financial sector after Britain leaves the European Union next year, the International New York Times reported. It remains to be seen, t ...

Daily Headline - global.abi.org - 07/12/2018 - 22:49 - 0 comments

NTMA Considers Public Contractors Risk List After Carillion Collapse

The National Treasury Management Agency (NTMA) has been prompted by the collapse of the UK outsourcer Carillion to look at setting up a list of public-sector service suppliers, to help avoid the State becoming too exposed to individual firms, the Irish ...

Daily Headline - global.abi.org - 07/12/2018 - 22:50 - 0 comments

UK Shifts Brexit Focus for Financial Services Sector

Britain has given up trying to keep full access to the European Union market for its giant financial services sector after Brexit and instead will push for an easing of existing rules, the Financial Times reported. Prime Minister Theresa May's lates ...

Daily Headline - global.abi.org - 07/12/2018 - 01:22 - 0 comments

Launch | FinTech hub and Ch 5: Identity use cases and privacy implications

As interest and investment in blockchain and distributed ledger technology (DLT) continues to grow, many businesses and governments are considering how this technology can be used for identity management and identity authentication purposes. Click here ...

Resource Article - twallace@abiwor... - 07/10/2018 - 16:31 - 0 comments - 0 attachments

Mothercare to Close More Stores as it Seeks to Raise £32.5 Million

Baby goods retailer Mothercare is seeking to raise £32.5m from existing shareholders and will increase the number of store closures as it struggles to adapt to challenging conditions on the UK’s high streets. The capital raising, which is larger than ori ...

Daily Headline - global.abi.org - 07/09/2018 - 22:16 - 0 comments

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