BC civil contractor placed into receivership after failed refinancing and payroll crisis

West Horizon Contracting Inc., a Smithers, British Columbia-based civil construction company specializing in bridge maintenance, road maintenance and construction services, was placed into receivership on September 18, 2026, on application by Royal Bank of Canada, following a liquidity crisis that left the company unable to meet payroll and other obligations. West Horizon, formerly known as…

English councils warn of ‘catastrophic’ Send debts forecast to hit £10bn by 2028 | Special educational needs

Councils are warning of potentially “catastrophic” debts, which are forecast to reach a record £10bn over the next 18 months, as a result of rapid growth in demand for special educational needs and disability (Send) support in English schools. Although the government recently cleared more than £5bn in historic council Send debts, a surge in…