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Wednesday, May 13 2026
The Number of Canadians Filing for Insolvency Is Picking Up – and Fast
Canadians are filing for insolvencies at levels unseen in more than a decade as rising costs and uncertainty around housing and employment put more strain on consumers, according to the latest data from the Office of the…
Wednesday, May 13 2026
Students at Risk If U.K. Universities Go Bust, Say MPs
Students need better government protection if a university in England goes bust and cannot pay its debts, according to MPs, BBC.com reported. In a report, the Education Select Committee said 24 institutions are now said to be at…
Wednesday, May 13 2026
MFS Owner Accused of ‘Plundering’ Company to Fund ‘Lavish Lifestyle’
Administrators overseeing the insolvency of Market Financial Solutions have accused the collapsed lender’s owner, Paresh Raja, of misappropriating at least £1.3bn to fund a “lavish lifestyle” that included purchasing a “vast…
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