Why the council went bust

Fergus Hewison & Adrian Goldberg BBC File on 4 BBC The GMB union claims it has found evidence the council was not properly implementing a crucial job evaluation scheme A deal that would have settled Birmingham’s huge equal pay claims without “bankrupting” the council fell apart after trade unions found members were still suffering discrimination.…

Tajprombank officially declared insolvent – Asia Plus

One of troubled banks that have been experiencing serious liquidity issues since 2015 — Tajprombank – has officially been declared bankrupt.  “The bankruptcy decision of this financial institution was made by the Dushanbe Economic Court on August 1, this year,” Rustam Mirzozoda, the head of the High Economic Court of Tajikistan, told reporters in Dushanbe…

Dutch e-bike brand VanMoof is bankrupt

VanMoof has been declared insolvent. According to the latest report by The Verge, the court in Amsterdam has withdrawn the so-called suspension of payments order and said the e-bike brand is bankrupt in what appears a rather abrupt manner. The news comes only days after the first reports of VanMoof facing severe difficulties appeared. Insolvency…