‘I wonder if it’s worth getting up’: life in Corby, the debt capital of Britain – The Guardian

Corby in Northamptonshire has taken on a few notable titles over the years. It has been dubbed Little Scotland to reflect the Scottish workers who flooded in during the last century for jobs in its now defunct steelworks. More recently, Corby emerged as the fastest-growing borough outside London, its population now swelled by EU migrants…

Not just banks, your unpaid supplier of goods or services can now initiate bankruptcy proceedings – Economic Times

Indian banks are saddled with bad debt and as the banking industry goes about recovering about Rs 8 lakh crore in doubtful loans, the new Insolvency and Bankruptcy Code is expected to provide the much needed teeth to the financial institutions. Aspects like a time bound recovery period for corporates, simpler ways for creditors to…