Date:
30 June 2009, Author:
Steven Jackson
Low interest levels on standard savings accounts are causing those putting money aside to seek out risky investments, one specialist has claimed.
Date:
30 June 2009, Author:
Steven Jackson
Recent research suggesting that the high-end property market is stagnating due to stringent lending on the part of mortgage providers has been dismissed by one specialist.
Date:
30 June 2009, Author:
Steven Jackson
Recent mortgage figures reveal that while the market has steadied over the last few months it remains depressed, according to one expert.
Date:
30 June 2009, Author:
Derek Cooper
Winding up (or compulsory liquidation) is the closest thing to bankruptcy for a limited company. The process is normally initiated by one or more of a company's creditors who feel that the company should be closed and cease trading. The creditor will present a petition to wind up the company at the court (a Winding Up Petition). The company may then be ordered by the court to be liquidated or wound up.