Government steps in to help run Spelthorne Borough Council

Government-appointed commissioners are to intervene in running a Surrey council with debts of more than £1 billion. Jim McMahon, Minister of State at the Ministry of Housing, Communities and Local Government, said the government had appointed officials to oversee Spelthorne Borough Council. The interventions come after government inspectors expressed concerns over its record of implementing…

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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…

Outlet retailer Cameleon declared bankrupt

Brussels-based outlet retailer Cameleon has been declared bankrupt, after more than thirty years in business. 46 employees will lose their jobs. No surprise The commercial court of Brussels has ended Cameleon’s protection against creditors and declared bankruptcy on 2 May, Belgian newspaper L’Echo reports. The news does not come as a big surprise: Cameleon had been in…

Siewert & Kau Files For Insolvency Amid Financial Crisis

Siewert & Kau, a well-known IT distributor based in Bergheim, has filed for insolvency proceedings at the Cologne District Court, marking a significant development for one of Germany’s largest medium-sized IT retailers. The company, which has been in operation for over 30 years, employs around 400 people across several European locations, including Germany, Spain, and…