UK construction company collapses into liquidation after nearly 6 years

The firm appointed liquidators on January 30 UK construction company collapses into liquidation after nearly 6 years(Image: Copyright Unknown) A UK construction company has collapsed into liquidation after nearly six years in operation. Spectre Construction and Development LTD, which is registered in Plymouth, appointed liquidators on January 30. Anderson Brookes Insolvency Practitioners Limited will oversee…

Household debt crisis deepens as betting drains stretched budgets

Gambling is emerging as a silent but growing driver of household financial distress, deepening debt pressures as South African consumers grapple with rising living costs. According to DebtBusters, gambling activity is widespread among consumers seeking debt counselling, often diverting money away from essentials such as food, transport and debt repayments. In many cases, repeated spending…

First Brands Chapter 11: Market Implications for 2026

2025 was marked by significant U.S. bankruptcy and restructuring activity. To start, there were a number of significant U.S. court decisions in 2025, notably involving instances of appellate courts in Texas overturning bankruptcy court decisions there: Serta: Literally a day before the start of 2025, the Fifth Circuit issued its Serta decision, which focused on an “open…