The UK-based launch services provider Orbex has entered insolvency proceedings after a planned takeover by European space logistics startup The Exploration Company fell through, EuropeanSpaceFlight.com reported. In December 2025, The Exploration Company entered negotiations to acquire Orbex.

An arts-based charity in Glasgow has officially declared itself insolvent. The remaining trustees of the Centre for Contemporary Arts (CCA) have published an insolvency notice, with a petition provided to the court on February 3 to Glasgow Sheriff Court, TFN.scot reported. Louise Dorothy Norris, Kirstine Mairi Ogg and Dr Paola Pasino applied to have the company wound up by the court. Parties have eight days from intimation of the notice - published on February 10 - to lodge an interest. Read more.

A Dutch court on Wednesday ordered an investigation into mismanagement at chipmaker Nexperia BV ‌and upheld an October decision to suspend former CEO Zhang Xuezheng, the ‌founder of Nexperia's Chinese parent Wingtech, saying that the company needs stability, Reuters reported. The decision leaves control of the company ​in the hands of the European team that has overseen it since a Dutch state intervention led to a conflict over the firm that has disrupted automotive industry supply lines around the world.

The UK’s Financial Conduct Authority said Tuesday that it had begun legal proceedings against HTX, the crypto exchange founded by Tron creator Justin Sun, for “illegally promoting crypto asset services to UK consumers,” Decrypt.com reported. The action comes under rules enacted in October 2023 that mandate firms providing crypto services comply with measures to protect consumers from “unfair and misleading marketing.” The regulator said in a statement it had previously warned HTX, formerly known as Huobi, about its advertising in the UK.

An Irish High Court ruling on arbitration in construction payments disputes puts builders at increased risk of insolvency unless the Oireachtas changes the law, experts warn, the Irish Times reported. Lawyers say that the court’s ruling in a recent case dealing with the Construction Contracts Act, 2013, could allow clients to stall payments to builders. That could hit cash flows where there are disputes, forcing companies into insolvency, particularly if the economy slows, they predict.

U.S. tariffs are weighing on euro zone growth and inflation but the most affected sectors are also sensitive to interest rates, so cutting borrowing costs could offset the downward price pressures, a European Central Bank blog post said on Tuesday, Reuters reported. The U.S. imposed tariffs on most trading partners last year and ECB officials have been studying their likely impact, often coming to opposing conclusions since trade barriers affect the economy on multiple levels.

A loan deal is turning into a problem for German investor Lars Windhorst: The investment company Istar Capital is accusing him in a lawsuit of failing to pay several million euros. To avoid payments, he allegedly even founded new companies and falsified payment receipts. This is according to court documents that Istar filed in the Southern District of New York at the end of last week , and which t-online has obtained. The documents seen by t-online so far contain no evidence to support Windhorst's claim that the lawsuit will soon be resolved.

Germany's standing as an automotive industrial hub risks being hollowed out as investments and jobs drift abroad, an industry association warned on Tuesday, calling on Berlin and Brussels to focus on measures that spur growth, Reuters reported. "Germany is experiencing a huge crisis as a business location," VDA President Hildegard Mueller said.

The government has said it will spend £5bn to pay off 90% of the debts English councils have built up through supporting children and young people with special educational needs and disabilities (SEND) to the end of the financial year, BBC.com reported. It comes days after the Local Government Association (LGA) warned that eight in 10 English councils would face bankruptcy, if they had to honour SEND deficits built up in recent years. The LGA, which represents councils in England, welcomed the plans, saying it "removes the immediate threat of insolvency for many councils".