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Headlines
London Councils Fear Bankruptcy Amid Homelessness Crisis
Homelessness represents the "single biggest risk" to council finances and may cause effective bankruptcy, according to the organisation that represents London boroughs, BBC.com reported. London Councils, a cross party group that…
Company Insolvencies Jump in March Ahead of Cost Increases and Tariffs
Nearly one-tenth more companies went insolvent in England and Wales in March than the same time last year, according to new figures, The Independent reported. The number of registered firms that went bust was 1,992 last month,…
Ukraine Fails To Reach Debt Restructuring Agreement, Faces Default Risk
Ukraine said Thursday that it failed to strike a deal to restructure $2.6 billion of debt securities, heightening its risk of default, WSJ Pro Bankruptcy reported. Ukraine’s finance ministry said it didn’t accept a proposal from…