Bankrupt builder’s “shoddy work” left pensioners living in a caravan – Construction News

A builder who broke his bankruptcy order by taking thousands of pounds in deposits before carrying out substandard work has received a suspended jail sentence. Exeter Crown Court heard that James Prentice, 41, of Kingsbridge, Devon, was declared bankrupt in 2014 but was allowed to continue working through his company JSP Woodworx, provided he did…

Moves by unnamed Maltese investors to acquire ownership of Sicilian football club – The Shift News

A group of anonymous Maltese investors, who last week reportedly forked out 500,000 to save the Sicilian football club Calcio Catania from bankruptcy, are currently discussing the possibility of buying into the same club despite the embattled Serie C teams reported 65 million debt. While the Calcio Catania administration has failed to disclose the identity…

Council goes bankrupt after finding £100,000,000 ‘black hole’ in budget – Metro.co.uk

Slough is facing a deficit of around 100million by next year (Picture: Getty Images/REX/Google Maps) After years of financial mismanagement and accounting errors, Slough Borough Council has effectively declared itself bankrupt and has begged the Government for help. Yesterday the local authority announced it had issued a section 114 notice, banning all non-urgent spending in…