Hackney Council recorded 6,723 social housing tenants in arrears during 2025/26, owing a combined £11.3 million. That is an improvement on 2021/22, when more than 8,200 tenants were behind, but the underlying debt remains substantial. More than 4,900 of those tenants were receiving Universal Credit or Housing Benefit, a reminder that arrears are concentrated among…
AI Could Help Governments Cut Debt Through Productivity Gains AI could offer governments more than productivity gains for individuals and businesses. If it significantly boosts economic growth, it could also help developed-market governments reduce budget deficits and lower debt burdens. The potential impact remains uncertain. However, higher productivity could increase corporate profits and real wages,…
A Malaysian internet celebrity once known online as “Genting’s little queen” and famous for promoting gambling is now working as a Grab driver after reportedly losing his fortune and racking up about RM1 million (S$313,000) in debt. Arron Lim, 48, recently shared on his Facebook page that he has been working as ride-hailing service driver…
6 minutes ago News Duration 5:38 closed caption When Marcy Barbaro turned to an online support group to escape a predatory HVAC contract, she thought an industry insider named Raymond Stephens was her lifeline — only to lose $17,500 and sink further into debt. A CBC investigation by Ariana Kelland reveals that “Stephens” was actually…
Australian ready-made meal service Fast Fuel Meals has collapsed into administration, with its administrator revealing more than $20 million in secured, priority and unsecured creditor claims. Fast Fuel Meals Holdings Pty Ltd appointed administrator Dane Skinner of Raft Consulting on September 8, according to an ASIC notice, with trading ceased on August 3. The Sydney-based…
AI Could Help Governments Escape Their Debt Trap, But There’s a Catch Modern Diplomacy Read the original article here
COMMENTARY: AI could help governments cut debt — but unevenly Reuters Read the original article here
REVEALED: Liquidator appointments for businesses in the Fairfield council area for September 24 The Daily Telegraph Read the original article here
Novel Wines described itself as “the UK’s leading independent retailer of undiscovered wines”. The company sourced bottles from craft winemakers in countries including Hungary, Croatia, and India, shipping to customers across the UK. Novel Wines operated a physical store in Bath from 2019 until 2024, when it closed to focus on wholesale expansion and online…
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