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Universal Credit debt FUELS UK's housing crisis, investigation claims
Express.co.ukUniversal Credit debt FUELS UK's housing crisis, investigation ...
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Credit card crisis
Credit card crisisVerdictThe UK's credit card debt has been growing since 2012, having ...
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Supermarket price wars leave UK food suppliers close to bankruptcy
Deutsche WelleSupermarket price wars leave UK food suppliers close to bankruptcyDeutsche WelleIf ...
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UK economy set for worst year since financial crisis
The Week UKUK economy set for worst year since financial crisisThe Week UKBusiness group predicts ...
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Bankruptcy News & Developments
 
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Nov 18, 2018
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At least three UK universities on 'verge of bankruptcy'
Nov 03, 2018
At least three UK universities on 'verge of bankruptcy'University World NewsThree English universities are on the verge of bankruptcy, research has found. Other educational institutions are also struggling, surviving only by resorting to short-term loans, it has been claimed, writes David Harding for Yahoo! News. The three ...
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UK universities facing bankruptcy will not be bailed out by taxpayers
Nov 06, 2018
UK universities facing bankruptcy will not be bailed out by taxpayersFinancial TimesThe government will not rescue universities that are struggling financially, the higher education regulator warned on Tuesday. Michael Barber, chair of the Office for Students, told delegates at the Wonkfest higher education conference that the ...and more »
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Supermarket price wars leave UK food suppliers close to bankruptcy
Oct 25, 2018
Deutsche WelleSupermarket price wars leave UK food suppliers close to bankruptcyDeutsche WelleIf one of the world's biggest suppliers of packaged food struggles to win a meaningful price increase from Britain's largest supermarket chain, what chance has the rest of the food industry? Two years ago, British-Dutch conglomerate Unilever, which ...and more »
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UK's GBK burger chain files for bankruptcy protection
Oct 24, 2018
NasdaqUK's GBK burger chain files for bankruptcy protectionNasdaqJOHANNESBURG, Oct 24 (Reuters) - UK Gourmet Burger Kitchen (GBK) filed for a form of bankruptcy protection on Wednesday after running up millions of pounds of losses, the latest British retail name to fall victim of weak consumer spending and high costs.and more »
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Amid abuse lawsuits, Guam archdiocese to file for bankruptcy
Nov 08, 2018
Amid abuse lawsuits, Guam archdiocese to file for bankruptcyCatholic Herald OnlineThe declaration 'will bring the greatest measure of justice to the greatest number of victims,' Archbishop Michael Byrnes said. The Archdiocese of Agaña, Guam has announced that it will file for bankruptcy, following mediation efforts in September ...
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DEBATE: With some institutions at risk of bankruptcy, does the UK have too many universities?
Nov 06, 2018
DEBATE: With some institutions at risk of bankruptcy, does the UK have too many universities?City A.M.Britain prides itself on its universities for their heritage, academic progress, and economic importance. But undergraduate applications dropped two per cent last year, student debt is rising, and whispers of refunds are starting to emerge. There are ...
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Three UK universities on the brink of bankruptcy and more reliant on short-term loans 'to survive'
Oct 31, 2018
inews.co.ukThree UK universities on the brink of bankruptcy and more reliant on short-term loans 'to survive'inews.co.ukUPDATE: Office for Students warns universities facing bankruptcy 'you are not too big to fail'. At least three universities are teetering on the brink of bankruptcy, with growing numbers of institutions resorting to short-term financial loans "just to ...and more »
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Universities fearing bankruptcy turn to US financial consultants
Nov 02, 2018
inews.co.ukUniversities fearing bankruptcy turn to US financial consultantsinews.co.ukUS financial consultants are in talks with struggling UK universities to advise them on how to stay afloat amid growing concerns over the perilous state of the sector's finances. 'Universities here… are concerned about the tsunami they see coming ...
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UK: Termination Of A Contract Due To Insolvency
Oct 20, 2018
UK: Termination Of A Contract Due To InsolvencyMondaq News AlertsThe Government is consulting on plans to prohibit the enforcement of 'termination clauses' in favour of a supplier in contracts for the supply of goods and services where the clause permits the contract to be terminated on the ground that one of the ...and more »
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Two hundred shopping centres 'on brink of bankruptcy' as UK retail crisis deepens
Nov 01, 2018
Two hundred shopping centres 'on brink of bankruptcy' as UK retail crisis deepensMirror.co.ukMore than 200 shopping centres are in danger of going bust, which would be "catastrophic" for their towns, experts have warned. Malls worth £7billion are at risk of going into administration amid a wave of store closures, a report estimates. Some have ...and more »
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