‘No room for complacency’ as construction insolvencies drop but risks remain

Karl Horton, data services director at Building Cost Information Service (BCIS), cautioned that there is “no room for complacency”, as insolvencies remain above pre-pandemic levels. He warned that ongoing geopolitical uncertainties could push costs higher and affect project viability, leading to more insolvencies if instability continues. Kelly Boorman, national head of construction at RSM UK,…

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General contractor of the Podil Bridge declared bankrupt — what it means for completion and budgetary risks

Brief On March 12 the Kyiv Commercial Court officially declared bankrupt the general contractor of the Podilskyi Bridge construction — LLC “Eko‑Bud‑Trade.” The court stated the enterprise’s critical insolvency and the absence of assets capable of covering its debts. “The company’s financial condition is characterized by signs of critical insolvency. No assets of the debtor…

Former NBA Champion claimed he’s broke, drowning in debt and child support post-retirement: “I’ve been trying to create income”

Trevor Ariza was the blueprint for today’s elite 3-and-D wings — versatile, lethal, and capable of guarding positions one through five while knocking down threes with ease. In today’s era, his talents might have made him even richer, yet $116 million across 18 seasons is a legacy few can claim. Advertisement However, things took a sharp…

Hospitality sector insolvencies rise – Credit Connect

Latest Insolvency Service data show that accommodation and food services insolvencies rose 9% month-on-month, from 205 in December 2025 to 223 in January 2026. However, insolvencies in the sector dropped 18% year-on-year from 273 in January 2025. RSM UK says that this uptick, while concerning in the short term, is set against a more favourable year-on-year backdrop. This suggests…