Jo Streeten, managing director at AECOM (Building + Places), said: “A fall in construction insolvencies this month, with levels lower than both last month and this time last year, is a surprising but welcome sign of stabilisation across the sector as we enter 2026. “Winter is always a challenging period, with fewer contracts being signed…
Leeds accountants react to annual insolvency figures Yorkshire Evening Post Read the original article here
Hospitality group with 260 hotels files for Chapter 11 bankruptcy thestreet.com Read the original article here
Warranting particular attention amid a burgeoning bankruptcy landscape is the surge in ‘mega bankruptcies’ – filings by companies with over $1bn in reported assets – a trend that Cornerstone confirms has grown 33 percent over the past 12 months. “Companies with business models dependent on discretionary consumer spending are at the highest risk of bankruptcy…
Medical debt remains one of the highest debt burdens among U.S. households, with 25 percent of Americans struggling with it, according to new data from LendingTree. Americans dealing with medical debt face a steep challenge, with cost burdens averaging $7,700 right now. The issue is so toxic that 55 percent of U.S. adults with medical…
19 January 2026 Civil engineering and groundwork firm, Caldwell Construction Limited, has gone into administration. The Stoke and Warrington headquartered company supplies housing developers for pre-construction housing site services. The company, founded in 2007, employs approximately 400 people. Increasing material and labour costs, the housing slowdown and lack of expected housebuilding combined with the…
Women’s retailer Francesca’s is set to soon close all of its locations, becoming the latest national retail chain to shutter its doors. According to Women’s Wear Daily, the Houston-based retailer has begun liquidation sales at stores across the country as the company prepares to close. In an email sent to WWD last week, a representative…
New Jersey’s Medical Debt Relief Initiative Reaches Approximately $1.6 Billion Forgiven for Over 907,500 New Jerseyans TRENTON – In the Murphy Administration’s eighth and final round of medical debt relief, Governor Phil Murphy today announced that an estimated 60,000 New Jersey residents will see an estimated $100 million in medical bills abolished as a result of the State’s ongoing…
New Jersey’s Medical Debt Relief Initiative Reaches Approximately $1.6 Billion Forgiven for Over 907,500 New Jerseyans TRENTON – In the Murphy Administration’s eighth and final round of medical debt relief, Governor Phil Murphy today announced that an estimated 60,000 New Jersey residents will see an estimated $100 million in medical bills abolished as a result of the State’s ongoing…
A new gambling awareness and harm prevention program in Irish soccer will feature sessions led by former players who’ve experienced addiction. Former Liverpool defender Dominic Matteo, who made 127 appearances for the club, is one of the speakers. He accumulated over €1 million ($1.2 million) in gambling debts while still playing. Updated on 20 January…