Updates on other procedure rules for magistrates courts and the Crown Court gov.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gov.uk Daily Mail and Mail on Sunday newspapers.
A RISE in company insolvencies has triggered a warning for businesses to prepare for the phasing out of government Covid support. Latest figures show corporate insolvencies rose 8.8 per cent to 1,011 in England and Wales in May. That was up 6.9 per cent on the May 2020 figure. Personal insolvencies fell 14 per cent on the previous month to 8,482, or 38.7 per cent lower than May 2020. Southampton-based Garry Lee, who chairs the restructuring and insolvency industry body R3’s southern region, said: “Times remain tough for businesses. “Government support has held off rather than halted the economic damage of the pandemic, preventing a serious rise in insolvency levels.
Breathing Space debt scheme could hit Halton Council priorities liverpoolecho.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from liverpoolecho.co.uk Daily Mail and Mail on Sunday newspapers.
Unknown impact of debt on finances of Halton Council Councillors have been told it is ‘too early to say’ whether new measures aimed at protecting people in debt will have an impact on the authority’s finances. The Debt Respite Scheme – also known as breathing space – is a government initiative which came into force on May 4. The legislation aims to give more time to people in debt who are struggling, so they can seek help from a qualified debt advisor. It is available to anyone with problem debt and protects them from most enforcement and recovery action for up to 60 days, stops contact from creditors and freezes interest and charges on what they owe.
Apply to review a breathing space or continue with debt action English
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