Crisis at Provident Financial: Doorstep lending arm faces collapse

Crisis at the Provvy: Shares dive 28% and watchdog launches a formal probe as doorstep lending arm faces collapse By Mark Shapland For The Daily Mail Published: 21:57 GMT, 15 March 2021 | Updated: 21:57 GMT, 15 March 2021 Provident Financial lost more than a quarter of its value after warning that its doorstep lending … Read more

Day of reckoning for Thor Bjorgolfsson following Icesave collapse

It has been more than a decade since 300,000 British savers lost £4billion in the blockbuster collapse of Icesave. While many were left scarred by the scandal, one high-flying businessman at its centre is still struggling to shake off the damaging legacy of the Icelandic savings brand in an entirely different way. Thor Bjorgolfsson, who … Read more

Events industry urges Rishi Sunak to help it ‘avoid collapse’ as 93% of workers see income plummet

The live events industry has launched a hard-hitting campaign highlighting the turmoil its workers are going through,  and urging the Government to act now and safeguard the sector’s future. The campaign, ‘The Government Can’t See Us, Can You?’ or #GovCantSeeUs, shows the devastation the coronavirus pandemic has wrought on the live events supply chain.  Professionals … Read more

As thousands lose jobs due to Arcadia collapse, we explain your rights when being made redundant

Thousands of employees have recently heard the difficult news that they will be made redundant, after former retail giant Arcadia collapsed. Asos acquired the Topshop, Topman and Miss Selfridge labels – however, it has only taken on the brands and not the physical stores or the staff. Its fellow online fashion giant Boohoo then took … Read more

Katie Price reveals thieves ‘deliberately’ caused the ceiling to collapse in her mucky mansion

Katie Price has revealed the ceiling in her infamous ‘mucky mansion’ collapsed after her home was burgled for a third time.  The model moved out of the £2 million Sussex property last year while it undergoes renovations, and is currently living in a rented £4,250 per month six-bedroom Surrey home with her children and boyfriend Carl Woods.  However, … Read more

20,000 women to lose jobs in collapse of Arcadia and Debenhams

Almost 20,000 women set to lose jobs following collapse of Arcadia and Debenhams as online giants Boohoo and Asos stalk High Street titans Hundreds of stores are expected to close  Women will bear the brunt of the closures as they comprise four in five of the workforce It will cause a headache for the Chancellor: … Read more

Arecibo Observatory collapse possibly due to ‘manufacturing error’

1963: Arecibo Ionospheric Observatory Commissioned for service on November 1 for $9.7 million. 1965: One of its first accomplishments was establishing the rotation rate of Mercury, which turned out to be 59 days rather than the previously estimated 88 days. 1968: Sporadic radio pulses from the direction of the Crab Nebula supernova remnant found at Green … Read more

Collapse of famed Arecibo Observatory in Puerto Rico may be due to a manufacturing error 

1963: Arecibo Ionospheric Observatory Commissioned for service on November 1 for $9.7 million. 1965: One of its first accomplishments was establishing the rotation rate of Mercury, which turned out to be 59 days rather than the previously estimated 88 days. 1968: Sporadic radio pulses from the direction of the Crab Nebula supernova remnant found at Green … Read more

Fish: Charity warns 60 PER CENT of UK’s fish stocks are at risk of collapse due to overfishing

Overfishing has put 60 per cent of the UK’s fish stocks at risk of collapse — with North Sea cod, crab and herring among those in a critical state, a report has warned. The audit — by marine conservation charity Oceana — found that only 37 of the 104 stocks examined were of a healthy … Read more

Ice arches supporting the Arctic’s ‘Last Ice Area’ could COLLAPSE due to warming trends

The ‘Last Ice Area’ is a narrow band of ice that covers about a million square miles across the Northern coasts of Greenland and the Canadian Arctic Archipelago, which has long withstood the effects of climate change – until now. A team from the University of Toronto found that the ice arches holding the frozen … Read more