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Sara G
Posted: 11 January 2024 20:27:38(UTC)
#51

Joined: 07/05/2015(UTC)
Posts: 4,042

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Rookie Investor;292308 wrote:
You can try taking these cowboy builders to court (which i am sure you have considered). Even if they are now trading under a new ltd company, doesn't necessarily mean you can't have a claim and get some money back.

If you made significant payments to a personal account, a judge might consider the claim against the individual rather than the ltd company.

Or even if a new ltd company is set up and previous being unwound, you could lodge a claim against the previous ltd still and if you win you would be a creditor so have a claim of any proceeds from a ltd liquidation. But best to do this sooner.


Thanks Rookie, yes I'm on the creditors list, along with other clients (in a queue behind HMRC and a couple of banks). Unfortunately I paid the company, not an individual as I always thought it was safer and more legitimate, but those who dodged the VAT and paid into the Director's account apparently have a better chance of recovering something than I do (though not much perhaps as he is pleading poverty!).

Sorry to derail thread! On the question of who goes bust next, how about Crypto exchanges struggling now that investors can buy an ETF from the likes of Blackrock in the US, instead of holding BTC directly?
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3 users thanked Sara G for this post.
SF100 on 11/01/2024(UTC), NoMoreKickingCans on 12/01/2024(UTC), Guest on 17/01/2024(UTC)
SF100
Posted: 16 January 2024 12:23:39(UTC)
#52

Joined: 08/02/2020(UTC)
Posts: 2,259
Councils

nothing really new here, just more of the same, and a case of tik toc tik toc.....
(and, well, maybe the start of a debt crisis, who knows)

https://www.bbc.co.uk/news/uk-67707156
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SF100
Posted: 06 February 2024 07:06:18(UTC)
#53

Joined: 08/02/2020(UTC)
Posts: 2,259
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SF100
Posted: 08 February 2024 11:39:20(UTC)
#54

Joined: 08/02/2020(UTC)
Posts: 2,259
YODEL - couriers

Not in administration quite yet

https://www.bbc.co.uk/news/business-68238101

Quote:
The Barclay family's finances have come under focus after the Telegraph and the Spectator magazine were put up for sale last year by Lloyds Banking Group.

The bank seized the titles from the Barclays as it sought to recover £1.1bn it was owed.

The family repaid the debt using funds from the United Arab Emirates, effectively ending the auction for the Telegraph.
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MBA MBA
Posted: 08 February 2024 20:49:11(UTC)
#55

Joined: 16/12/2012(UTC)
Posts: 1,725

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UK Government

Main points. UK general government gross debt was £2,636.9 billion at the end of Quarter 2 (Apr to June) 2023, equivalent to 101.2% of gross domestic product (GDP). UK general government deficit (or net borrowing) was £63.5 billion in Quarter 2 2023, equivalent to 9.5% of GDP.
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3 users thanked MBA MBA for this post.
SF100 on 08/02/2024(UTC), Guest on 09/02/2024(UTC), SSJ on 11/02/2024(UTC)
SF100
Posted: 09 February 2024 16:48:15(UTC)
#56

Joined: 08/02/2020(UTC)
Posts: 2,259
MBA MBA;295627 wrote:
UK Government
Main points. UK general government gross debt was £2,636.9 billion at the end of Quarter 2 (Apr to June) 2023, equivalent to 101.2% of gross domestic product (GDP). UK general government deficit (or net borrowing) was £63.5 billion in Quarter 2 2023, equivalent to 9.5% of GDP.

Since you started it....
Seems like Laura Trott (treasury) doesn't know whether debt is forecast to rise or fall....hehe

https://www.bbc.co.uk/news/uk-politics-68250020
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1 user thanked SF100 for this post.
Tim D on 09/02/2024(UTC)
NoMoreKickingCans
Posted: 10 February 2024 00:11:49(UTC)
#58

Joined: 26/02/2012(UTC)
Posts: 4,470
Report that 235,000 chinese killed themselves in 2023 because of debts...

https://m.youtube.com/watch?v=T0...bXMgMjM1ayBsaXZlcw%3D%3D
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SF100
Posted: 11 February 2024 16:57:54(UTC)
#59

Joined: 08/02/2020(UTC)
Posts: 2,259
The Body Shop

The high street may be more/less* pong-y these days

*delete at your discretion

https://www.bbc.co.uk/news/business-68261784
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Thrugelmir
Posted: 11 February 2024 18:10:05(UTC)
#60

Joined: 01/06/2012(UTC)
Posts: 5,329

Thanks: 3258 times
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SF100;295893 wrote:
The Body Shop

The high street may be more/less* pong-y these days

*delete at your discretion

https://www.bbc.co.uk/news/business-68261784


No magic touch from Private Equity it seems. Lost it's brand value a long time ago.
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1 user thanked Thrugelmir for this post.
SF100 on 11/02/2024(UTC)
SSJ
Posted: 11 February 2024 18:20:45(UTC)
#57

Joined: 13/09/2010(UTC)
Posts: 512

Thanks: 1073 times
Was thanked: 1025 time(s) in 397 post(s)
SF100;295723 wrote:
MBA MBA;295627 wrote:
UK Government
Main points. UK general government gross debt was £2,636.9 billion at the end of Quarter 2 (Apr to June) 2023, equivalent to 101.2% of gross domestic product (GDP). UK general government deficit (or net borrowing) was £63.5 billion in Quarter 2 2023, equivalent to 9.5% of GDP.

Since you started it....
Seems like Laura Trott (treasury) doesn't know whether debt is forecast to rise or fall....hehe

https://www.bbc.co.uk/news/uk-politics-68250020

Evan Davis is stupid or ignorant to get involved in this "dancing on a head of pin" argument. Debt has been increasing and will continue to increase - i.e. there has not been a budget surplus in 25 years and there is no intention to have one in the next 5 years. (As soon as deficit is not as bad as expected --> more money to spend. Lab or Con won't make a difference.)

Hoping that inflation grows GDP faster than total debt grows is the sad truth.
Arguing over different ways to manipulate the figures and the English language does not have victor, just two losers.
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4 users thanked SSJ for this post.
SF100 on 11/02/2024(UTC), Jay P on 11/02/2024(UTC), Guest on 12/02/2024(UTC), MBA MBA on 16/05/2024(UTC)
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