Rising Insolvency Amid UK’s Economic Strain: From Councils to Corporates
Rising insolvency in the UK reflect the financial uncertainty triggered by higher interest rates and the latest…
bankruptcy
Rankin Group Files for Bankruptcy Amid Financial Struggles
British photographer Rankin has declared his advertising agency, Rankin Group, bankrupt after accumulating debts exceeding $1.7 million….
Manufacturing Insolvencies Update | August 2024
Manufacturing, along with sectors like mining, electricity, water and waste management, and oil and gas extraction, significantly…
Asset Sales at Bankrupt Birmingham Council; Council Tax May Rise
Birmingham City Council’s financial predicament worsened by the need to liquidate £1.25 billion in assets to offset…
Volta Trucks Files for Bankruptcy
Volta Trucks, known for its development of a 16-tonne all-electric vehicle, has filed for bankruptcy in Sweden….
Government Takes Emergency Measures to Assist Birmingham City Council
Two weeks ago, the Birmingham City Council declared itself bankrupt and issued a section 114 notice. As…
Week in Review | UK’s Healthcare Industry | 27th August to 1st September
The UK’s economy heavily relies on services, and one of its major contributors is the healthcare industry….
Bed Bath & Beyond Declares Bankruptcy
Bed Bath & Beyond, the American chain of domestic merchandise retail stores, has filed for bankruptcy after…
