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Government help to businesses set to end as insolvencies rise


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. ....

Garry Lee , Coronavirus Job Retention Scheme , Debt Respite Scheme , ஆடை லீ , கடன் ஓய்வு திட்டம் ,

Unknown impact of debt on finances of Halton Council


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. ....

Cllr Noel Hutchinson , Ted Dawson , Financial Conduct Authority , Debt Respite Scheme , Corporate Policy , Performance Board , Citizens Advice , எட் டாசன் , நிதி நடத்தை அதிகாரம் , கடன் ஓய்வு திட்டம் , பெருநிறுவன பாலிஸீ , செயல்திறன் பலகை ,

Apply to review a breathing space or continue with debt action


Apply to review a breathing space or continue with debt action
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Court Money Claims Centre , Traffic Enforcement Centre , Court Business Centre , Debt Respite Scheme , Breathing Space , County Court Money Claims Centre , County Court Business Centre , நீதிமன்றம் பணம் கூற்றுக்கள் மையம் , போக்குவரத்து அமலாக்கம் மையம் , நீதிமன்றம் வணிக மையம் , கடன் ஓய்வு திட்டம் , சுவாசம் இடம் , கவுண்டி நீதிமன்றம் பணம் கூற்றுக்கள் மையம் , கவுண்டி நீதிமன்றம் வணிக மையம் ,