Creditors Face Losses as Hurel Limited Liquidation Leads to Police Referral
Creditors of the collapsed Guernsey construction firm Hurel Limited have been informed that full recovery of losses is unlikely. Liquidators have submitted a dossier of allegations to the police regarding the company's conduct, marking a significant development in the ongoing insolvency proceedings of the business.
RBS International Provides Multi-Million Pound Credit Facility to Guernsey Electricity for Infrastructure Enhancement
RBS International has announced a new multi-million pound revolving credit facility for Guernsey Electricity. This funding will support essential infrastructure work and enhance the island's energy network, aligning with Guernsey's long-term strategy to meet growing electricity demand and transition to low-carbon energy sources by 2050.