Dear Reader,
It is a simple statement of fact that if you are looking for diversity of thought in the Irish media, you will struggle to find it. That is why we founded Gript – to serve the gap in the market left by so many of our colleagues, when they decided that the job of journalists was not to challenge consensus thought, but to herd around it, and defend it fiercely.
If you are looking for a media outlet that blames everything on the “far right” in Ireland, then you don’t have to go far to find one. If, by contrast, you are looking for a media outlet that looks beyond that cheap sloganeering, and tries to understand and report on the real concerns held by ordinary people – and a good few prominent people, albeit…
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Various ratepayer associations and political parties have welcomed the eThekwini Municipality’s decision to provide financial relief to residents by approving its special debt relief programme. The decision was taken during a special council meeting held on Wednesday, 14 May.
Ward 35 councillor, Bradley Singh, said that consumers are in arrears due to the city’s failure to conduct monthly water meter readings and detect underground leaks. He said the city is dealing with the issue as the debt as of January, is in excess of R14.7 billion. “Durban purchases water from uMngeni-uThukela Water at a cost of over R144 million per month, yet officials have done little to curb this massive waste. This…
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ST. GEORGE — Two southern Utah business owners are turning happy hour into a helping hand with a goal to wipe out $55,000 in school lunch debt across Washington County with an upcoming event.
The fundraiser, set for May 31 from 4-7 p.m., will feature live music by Soul What!? and a packed lineup of activities at the Zion Brewery Station II, located at 142 N. Main Street in St. George. A $5 cover will be collected all day, with every dollar reportedly going toward school lunch debt. Guests can take part in a silent auction, a raffle and other surprises. Proceeds from food sales will also be donated.
Jolen Pace explained that the community is growing rapidly, and with that growth comes increased need. She said the area is fortunate to…
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Developer’s company in liquidation amid court stoush with builder The Australian
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The NDIS regulator is investigating a Queensland-based disability housing and support provider – which collapsed in March with more than half a million dollars in tax debt — after residents made complaints alleging that their support needs were not being fully met.
Several former residents and staff claim the company, Core & Capacity Disability Support Pty Ltd, had not provided adequate care for people with disability and imposed restrictions on residents that isolated them from the community.
The former residents and staff also allege the company failed to file some rental bonds and operated audio-recording cameras throughout the accommodation complex it managed in the Brisbane suburb of Acacia Ridge; leading residents and staff to…
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The Office of the Registrar of Companies says its administrative role in salvaging companies in financial distress is actively being rolled out for the protection of local businesses.
Under the Corporate Insolvency and Restructuring Act 2020, the Registrar of Companies is empowered to have registered insolvency practitioners to aid in the administration of companies on the brink of collapse.
Acting Registrar of Companies, Maame Samma Peprah, says the office is working towards protecting investments as part of efforts to grow the local economy.
“The office of the Registrar of Companies is able to administer the company so we have registered insolvency practitioners who are able…
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Steel firm at risk of insolvency has a potential buyer TheBusinessDesk.com
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Today’s company insolvency statistics show accommodation and food services insolvencies rose 4% month-on-month from 271 in February 2025 to 282 in March 2025. However, insolvencies were down 10% from 3,770 in the 12 months to March 2024 to 3,407 in the 12 months to March 2025.
Saxon Moseley, partner and head of leisure and hospitality at leading audit, tax and consulting firm RSM UK, said:
“Trading in the hospitality sector was particularly challenging in Q1, with sales down 0.6% in March according to the CGA RSM Hospitality Business Tracker, so it’s understandable that we’d see an uptick in insolvencies. However, insolvencies are still down on last year, demonstrating the resilience of many operators. The concern is that…
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A South Yorkshire steel company has avoided insolvency for the moment after a potential buyer was found, the High Court has heard.
Speciality Steel UK (SSUK), part of the Liberty Steel Group founded by Sanjeev Gupta, employs 1,450 people and has plants in Rotherham and Sheffield.
Lawyers representing SSUK said at a hearing on Wednesday that “urgent meetings” had been taking place with a “third party purchaser”.
Insolvency and Companies Court judge Sebastian Prentis adjourned a winding up petition for eight weeks until 16 July to allow time for the sale of the company to go through.
Following the hearing, Jeffrey Kabel, Liberty Steel chief…
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Following the hearing, Jeffrey Kabel, Liberty Steel chief transformation officer, said the court’s decision was a “positive development”.
The company would use the time to “finalise options, including a sale of the business” while continuing its debt restructuring plans, Mr Kabel said.
“We remain committed to finding the right solution that preserves EAF [electric arc furnace] steelmaking in the UK, a vital national asset serving strategic supply chains,” he said.
“We recognise that change is essential to set the business on a positive trajectory and provide certainty for our creditors, employees and stakeholders.”
Mr Kabel said the company would use the time afforded by the adjournment to engage in “intensive discussions” to achieve an…
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London-based technology start-up Builder.ai, backed by investors including Microsoft, has entered insolvency proceedings amid significant financial challenges. This decision follows a recent restatement of its revenue, and the acknowledgment of issues related to past leadership. The company, known for its claim that its AI solutions simplify app and website creation, broke the news to…
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A court case that could have led to Liberty’s Speciality Steel business going into insolvency has been adjourned until July.
The hearing has been adjourned to July 16, with discussions ongoing to keep the business going – including a potential sale of the business.
Jeffrey Kabel, LIBERTY Steel Chief Transformation Officer said: “Today’s adjournment is a positive development, allowing us the necessary time to finalise options including a sale of the business while we continue to pursue our debt restructuring efforts.
“We remain committed to finding the right solution that preserves EAF…






















