The collapse of Wilko also shows why we need to reform insolvency laws
Questions ought to be asked about Wilko directors paying £3m in dividends in the financial year to 31 January 2022 when Wilko made a pre-tax loss of £38.7m
Questions ought to be asked about Wilko directors paying £3m in dividends in the financial year to 31 January 2022 when Wilko made a pre-tax loss of £38.7m
Both councils face budget deficits over the next few years “of a scale that has never been seen before”.
The bankruptcy system in the UK is a wild west – meaning rich picking for the vultures circling at-risk firms.
Today’s SMEs are tomorrow’s business giants, but most are being smothered by bankrupt clients and irresponsible bankers. Prem Sikka writes.
Nick Dearden reveals the vulture funds that are willing to bring Argentina back to the brink for a return on their ‘investment’.