UN committee looking into global insolvency practices runs low on cash By Dan Atkinson For The Mail On Sunday Published: 22:31 BST, 1 August 2020 | Updated: 22:59 BST, 1 August 2020 The United Nations committee looking into global insolvency practices is gaining hands-on experience of running short of money. Working group five of the … Read more
Wirecard files for insolvency after the German fintech firm’s former boss was arrested and it admitted missing £1.7bn probably doesn’t exist The German payments group has filed for insolvency in the midst of a scandal Former boss Markus Braun was arrested earlier this week and released on bail Wirecard’s demise marks the first time in … Read more
Wherever you turn, the numbers are shocking. The economy shrank by nearly 6 per cent in March alone, the worst fall since monthly records began in 1997. The Bank of England expects an economic slump of 25 per cent in this quarter and 2020 is set to suffer from the deepest recession since 1706. Even … Read more