Archive for December, 2009
The recession is nearly over… or maybe not…
Posted on 16. Dec, 2009 by Business Liquidation Advice.
As I do each day, Ive just been trawling through the national media (on-line of course I dont buy every paper every day Im daft, but not that daft)
How on earth can anybody make an informed judgement about the Recession & the UK economy with headlines such as these;
Lehman Bros files for Bankruptcy
Institute of Chartered [...]
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Why is the UK economy so complicated?
Posted on 16. Dec, 2009 by Business Liquidation Advice.
It seems each day we see a different report and a different opinion on the UK economy as a whole and the various subsectors of the business arena. Even though headline figures may be indicating a potential recovery in the overall UK economy it seems that many areas underneath the surface are still struggling and [...]
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‘Secret Millionaire’ faces Bankruptcy hearing
Posted on 16. Dec, 2009 by Business Liquidation Advice.
CASH strapped `secret millionaire Chek Whyte has failed to reach an
agreement with creditors and is still facing personal bankruptcy.
An Individual Voluntary Arrangement was thwarted by HM Revenue & Customs, which is owed 1.2m and refused to agree the deal.
Now Mr Whyte, who has debts of 33m, faces a bankruptcy hearing brought by one of his [...]
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UK National debt is £800billion (the PSBR is £175billion)
Posted on 16. Dec, 2009 by Business Liquidation Advice.
A quick correction/clarification regarding yesterdays post on the UK national debt / PSBR.
The PSBR (as stated yesterday) is the difference between how much the Government earns (or raises in tax revenues etc) and how much it needs to fund the country. So if the Government was a Private Company, the 175billion figure is the amount [...]
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About Paul Johnson
Posted on 16. Dec, 2009 by Business Liquidation Advice.
Dont let thishappen to you
Personal Experience of Debt:
3 years ago, I had 2 successful businesses and a 1.2million property portfolio but I also had 140k of personal & business debt. So I entered into an IVA, but I chose the wrong advisors. The IVA failed, my debt increased to approx 400k & the Insolvency practitioner [...]
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