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Liverpool FC among customers left in lurch by Forum collapse

Liverpool FC among customers left in lurch by Forum collapse We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement Liquidators to Bill Papas’ Forum group of companies are eyeing a sale of waste company Iugis, which has a host of high profile customers including Liverpool Football Club, despite concerns it may have received millions from an alleged $400 million fraud. Iugis is one of the many subsidiaries within Mr Papas’s large business empire which is now being broken up and sold by liquidators who were brought in to investigate allegations Mr Papas had orchestrated a major fraud on Westpac by impersonating its customers.

An architect of the 'printing money' fix turns into a QE critic

An architect of the ‘printing money’ fix turns into a QE critic We’re sorry, this service is currently unavailable. Please try again later. Dismiss July 22, 2021 12.38pm Normal text size Advertisement When quantitative easing was embarked on by the US, UK and Europe in response to the 2008 financial crisis it was generally described as “unconventional” monetary policy. It’s now baked into the policy settings of most developed economies, which makes tough questioning of the policy by a panel that includes the man who launched it in the UK a challenge to central bankers who appear to see QE - effectively printing more money to use to buy government bonds - as the panacea for all financial and economic threats.

Footwear retailer Accent stands down staff after running out of excess JobKeeper

Footwear retailer Accent stands down staff after running out of excess JobKeeper We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement The chief executive of national footwear retailer Accent Group has said he had no choice but to cut hours and stand down staff after running out of the $10 million in excess JobKeeper funds set aside to support staff during future lockdowns. Accent Group, which operates brands such as Platypus, Hype, and Skechers, told its full-time employees yesterday they would be either stood down without pay or put on 15 hours per week to fulfil online orders until lockdowns in Sydney, Melbourne and Adelaide ended.

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