Philip Shiner from Birmingham, has given a 6 year bankruptcy restriction undertaking to the Secretary of State.

Mr Shiner thought he would be able to gift his assets to family members and declare himself bankrupt saying that he had no money to pay his creditors after the closure of his law firm, Public Interest Lawyers Limited. ...

Toys Were Us!!

On Wednesday of this week it was announced that two high street giants had entered into administration, Toys R Us and Maplin.

With a potential loss of around 3,200 jobs, Toys R Us failed to come to an agreement with their creditors and the administrator is now in the process of selling off remaining stock and looking for a buyer for the business. ...