Major British city declares bankruptcy as inflation and growing social … – Yahoo Finance

People and companies go bankrupt every so oftenbut in the U.K., cities are going bankrupt, too. Nottingham, home to 323,700 residents, well-known universities and fictional character Robin Hood, effectively declared itself bankrupt on Wednesday as its council is set to to overspend by 23 million ($29 million) in the 2023-24 financial year. This means a…

Major British city declares bankruptcy as inflation and growing social care costs blow a $29 million hole in its budget – Fortune

People and companies go bankrupt every so oftenbut in the U.K., cities are going bankrupt, too. Nottingham, home to 323,700 residents, well-known universities and fictional character Robin Hood, effectively declared itself bankrupt on Wednesday as its council is set to to overspend by 23 million ($29 million) in the 2023-24 financial year.  This means a…

Developer Michael O'Flynn wins appeal in landmark ruling over … – BreakingNews.ie

Property developer Michael OFlynn has won his legal battle against the personal insolvency agreement of former business partner John ODriscoll. A ruling by the Supreme Court on Thursday could mean that the personal insolvency agreement of Mr OFlynns former business partner will have to go back before a court. Advertisement The court heard that the…

The real estate giant Signa is shaking: European banks are shaking – Ruetir

The real estate giant Signa is in crisis: Europe is shaking The Signa dossier, one of Germanys real estate giants, is now the subject of legal proceedings, raising significant concerns in Frankfurts financial landscape. The German subsidiary, Signa Real Estate Management Germany, has officially filed for bankruptcy at the Berlin Charlottenburg District Court, suggesting that…