Housing projects planned by a developer in Luxembourg will continue despite the firm’s subsidiary in the Grand Duchy entering insolvency proceedings, the company’s CEO has insisted, the Luxembourg Times reported. Capelli Lux, the Luxembourg arm of French property group Capelli, began insolvency proceedings on Monday, casting doubt over the future of a major construction project in Howald, the South Village project. It follows a decision by the Paris Commercial Court on 3 December 2025 to convert the Capelli group’s receivership into liquidation proceedings.

Officials overseeing the wind-down of Stenn Technologies, the U.K. invoice-finance firm backed by Wall Street investors, have recovered about one tenth of the funds owed so far as they continue to probe the circumstances of its collapse, Bloomberg News reported. Stenn was owed roughly $1 billion in short-term invoices at the point of its Dec. 2024 insolvency. Administrators at Interpath Advisory managing the firm’s failed UK subsidiaries have obtained £93 million ($125 million) since then, according to their latest reports.

British consumers’ spending on food shored up revenue for U.K. retailers over a Christmas shopping season clouded by weak outlay on other goods, the Wall Street Journal reported. Tesco and Marks & Spencer on Thursday reported sales for the festive period, a key time for the sector, that showed stronger performance in food than in clothes and other goods. Many U.K. grocers see their biggest share of sales during the period and make use of promotions and discounts for a boost. Grocery sales have been a bright spot in retail, with U.K.

Swiss inflation edged up in the final month of 2025, likely alleviating the pressure on the country’s central bank to cut rates below zero, the Wall Street Journal reported. Inflation climbed to 0.1% in December from 0.0% in November, the first rise in five months, Switzerland’s statistics office said Thursday. While lower-than-expected inflation in recent months and an economy that contracted in the third quarter raised some expectations that the Swiss National Bank could cut rates again below zero, the inching up of inflation could allay some nerves among policymakers.

Germany had the highest number of unemployed in twelve years in 2025 and this year will continue to be challenging for Europe's biggest economy, the labour office said on Wednesday, Reuters reported. The average number of jobless in 2025 rose by 161,000 to 2.948 million, the highest annual figure since 2013, according to the labour office. Although the trough has probably been reached, a slight easing is not expected until the middle of the year at the earliest, said labour office head Andrea Nahles.

Administrators at Begbies Traynor confirmed the extension on Monday (5 January), following a previous year-long extension in November 2024, ConstructionWave.co.uk reported. This latest extension could see the administration process continue until February 2029. Based in Romford, Readie Construction employed 260 staff and specialised in new builds, refurbishments, and fit-outs.

The owners of Southend United Football Club say they expect to write off funds owed to them by the side's former owner, BBC.com reported. Ron Martin, who owned the club 1998-2024, was made bankrupt following a hearing at the Chief Insolvency and Companies Court on Tuesday. A consortium, Custodians of Southend United (Cosu), completed a lengthy takeover of the National League side in May 2024, after it came close to extinction.

A pension fund for more than 10,000 German dentists has launched legal action against its former auditor, an external adviser and several ex-managers after suffering investment losses of over €1.1 billion (about C$1.77 billion), OralHealthGroup.org reported. Versorgungswerk der Zahnärztekammer Berlin (VZB), which manages roughly €2.2 billion (C$3.55 billion) for dentists in Berlin, Brandenburg and Bremen, said the losses were significant enough to prompt a corruption probe by Berlin prosecutors.

Germany’s unemployment rate held steady in the last month of 2025, though actual jobless numbers inched higher, signaling an economy that still lacks momentum, the Wall Street Journal reported. The seasonally adjusted unemployment rate was 6.3% in December, where it has been since March, data from Germany’s Federal Employment Agency published Wednesday said. However, the rate is higher than the start of last year, and there are signals that the German economy is on a weak footing heading into 2026.