Amid a boost a trade caused by sunny weather over the month, insolvencies in the sector fell, also dropping 2.5% month-on-month. Additionally, the Government’s company insolvency statistics show that hospitality insolvencies are down 12% in the 12 months to April 2025, falling from 3,824 in the 12 months to April 2024 to 3,369. “April was…
Lee Clark’s bank accounts, savings and other valuable assets could be used to pay his unsecured creditors if he does not address the debt, according to an order made Former Newcastle and Sunderland midfielder Lee Clark(Image: Andy Commins / Daily Mirror) A former Premier League star has been declared bankrupt over a debt to a…
VATICAN CITY (CNS) ─ The Holy Year 2025 can have a lasting impact on the world’s poorest countries if governments and international institutions embrace a key element of the biblical concept of jubilee by forgiving, restructuring or pausing foreign debt repayments, said a report commissioned by Pope Francis. At the late pope’s request, the Pontifical…
By Angelo Amante and Giuseppe Fonte ROME (Reuters) -Italian Prime Minister Giorgia Meloni said on Friday she was working with the European Union on a debt-relief initiative for African states – part of Rome’s efforts to help development in Africa and address the root causes of mass migration. Meloni met European Commission President Ursula von…
By Angelo Amante and Giuseppe Fonte ROME (Reuters) -Italian Prime Minister Giorgia Meloni said on Friday she was working with the European Union on a debt-relief initiative for African states – part of Rome’s efforts to help development in Africa and address the root causes of mass migration. Meloni met European Commission President Ursula von…
A new report by leading economists calls for urgent action and systemic reforms to address the mounting debt and development crises affecting billions of people around the world. Titled The Jubilee Report: A Blueprint for Tackling the Debt and Development Crises and Creating the Financial Foundations for a Sustainable, People-Centered Global Economy, the document was authored…
VATICAN CITY (CNS) — The Holy Year 2025 can have a lasting impact on the world’s poorest countries if governments and international institutions embrace a key element of the biblical concept of jubilee by forgiving, restructuring or pausing foreign debt repayments, said a report commissioned by Pope Francis. At the late pope’s request, the Pontifical…
Former Premier League footballer Lee Clark has been declared bankrupt, according to recent documents. The 52-year-old, who played for Newcastle United, Sunderland and Fulham during his career, later transitioned into management and television punditry. The Magpies favourite made 265 appearances for the club over two spells, netting 28 goals. However, the ex-midfielder’s financial situation is…
Newcastle United hero Lee Clark, once part of one of British football’s most controversial incidents when playing for rivals Sunderland, has been made bankrupt 15:06, 20 Jun 2025Updated 15:10, 20 Jun 2025 Former Premier League footballer Lee Clark has been declared bankrupt(Image: Andy Commins / Daily Mirror) Former Premier League footballer Lee Clark has been…