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Mothercare secures GBP19.5m to clear debts

2020-11-30 13:53:00| Daily apparel & textile news and comment - from just-style.com

UK mother and baby goods retailer Mothercare has secured a GBP19.5m (US$26m) loan in order to repay its debts on the back of its half-year results in which it booked a loss resulting from lower sales and higher costs.

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With Contracts Canceled and Debts Mounting, Offshore Oil Drillers Face Another Shakeout

2020-06-24 16:07:00| OGI

The companies that operate offshore drilling rigs for major oil producers face a second wave of bankruptcies in four years amid a historic drop in energy prices that likely will leave surviving drillers more closely tied to big oil firms.

Tags: face oil contracts mounting

 
 

Flybe plane seized by Isle of Man government due to 'outstanding debts'

2020-03-10 18:30:18| BBC News | Business | UK Edition

The Manx government says it will not release the plane until the former airline's debts are settled.

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Vodafone Idea shares crash after receiving no respite from Supreme Court over AGR debts

2020-01-17 01:00:00| Total Telecom industry news

The Supreme Court is not giving an inch when it comes to the exorbitant adjusted gross revenue (AGR) penalties being demanded from India’s operators. Yesterday, the Supreme Court denied all requests for relief by the beleaguered telcos.    The news was met by a collapse of Vodafone Idea&rsquo…read more on TotalTele.com »

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UK household debts see big increase

2019-12-05 16:00:28| BBC News | Business | UK Edition

Debts including credit card debt and personal loans have risen 11% to 119bn in two years.

Tags: big increase household debts

 

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