Insolvency
4,000 UK firms at risk of failure due to covid
As FCA warns around 30% have ‘potential to cause harm’ if they closed down
Mini-bond firm trustee shut down
While administrators force company’s marketing unit into insolvency to recoup losses
FSCS opens to claims as Sipp firm enters administration
It became insolvent based on the potential claims over high-risk investments
Another mini-bond firm enters administration
It comes after a group of LCF investors launched a crowdfund campaign to challenge the FSCS
Insolvency law introduced in the UAE
It will support individuals facing existing or anticipated financial difficulties