More than three billion people worldwide live in economies forced to spend more on debt repayment than on health or education. To help developing countries free themselves from the burden of unsustainable debt, a new UN-backed forum was launched Wednesday. 

The Seville Debt Forum will promote fairer lending, faster restructuring and long-term reform of the financial system established after World War II.

Hosted by Spain and supported by the United Nations, this forum aims to maintain global attention on the debt crisis while translating into concrete actions the firm commitments made at the Fourth International Conference on Financing for Development (FFD4) in June in Seville.

Governments, finance ministers and creditors from…

First held with a single stage in 2004 by founder Alex Trenchard and expanding to a two day festival in 2006, the festival was postponed in 2023 and due to make a return in 2026.

According to the BBC the organisers have said: “Due to significant financial losses sustained in 2022 and 2023, we were unable to run the festival in 2024 and 2025.

“For the last 18 months we have engaged with a number of potential investors to continue the festival, including one party for the last 13 months.

“With huge regret, additional investment has not been secured and we are left with no other option than to put the company into the control of the liquidators.

“We are hugely grateful for all the support that so many…

A music festival has been held for the last time after the company behind it announced it had gone into liquidation.

Standon Calling was first staged in the village of Standon, Hertfordshire, nearly 20 years ago, attracting thousands of festivalgoers, but has not been held for the past two years.

In an online post, organiser said: “We regret to announce that after 17 Standon Callings the 2023 Standon Calling will now prove to have been the last.”

Acts to have played the festival, first staged in 2006, include Charli XCX, Madness, Primal Scream and Bryan Ferry

Pandanus Group, a Queenland-based labour hire company controlled by Mumpara Group Holdings, has reportedly left creditors exposed to $1.7 million in debts after entering liquidation.

Mumpara Group Holdings describes itself on its LinkedIn page as a nationwide family of non-profit and profit-for-purpose companies that seeks to empower Indigenous families to “holistically” break the cycle of generational welfare dependency.

This publication recently revealed that Mumpara Group’s director Peter Remfrey (also known as Peter Babui-Remfrey), had previously identified himself (in 2020) as “a proud Tiwi man of non-Indigenous descent”, before, in early…

On Thursday, the Justice Department announced that they had arrested some 30 people involved in illegal gambling—in particular, sports gambling. It is potentially the biggest sports gambling scandal since the college point-shaving scandal in the early 1950s.

One of those arrested, Miami Heat guard Terry Rozier, allegedly used inside information to set up fraudulent bets. In 2023, for example, Rozier is accused of letting gamblers know that he would fake an injury and leave a game early, so they could make hundreds of thousands of dollars. And some of that money allegedly wound up in Rozier’s pocket.

For decades, both the NCAA and professional sports leagues kept as far away from gambling as they could, fearing its corrupting…

Two key enablers of a scheme designed to undermine insolvency legislation by allowing business owners to keep their assets and drop debts have been banned as company directors.

Sisters Karen Mortimer and Joanna Seawright put the creditors of 138 companies at risk of financial loss after taking control of the businesses which were referred to them by Atherton Corporate UK (Ltd) and Atherton Corporate Rescue Limited.

The Atherton companies provided a corporate rescue scheme where directors of companies in financial distress were encouraged to sell their businesses as an alternative to formal insolvency proceedings such as liquidation.

Most recently filed accounts of the 138 companies showed assets totalling more than £42…

Latest data from Accountant in Bankruptcy has found that business insolvencies in Scotland decreased by 5% to 298 in 2025-26 Quarter 2 (Q2) from 313 in 2024-25 Q2.

Business insolvency numbers in Scotland for 2025-2026 Q2 decreased by 10% compared to last quarter.

Commenting on the latest insolvency stats, Emma Widdowson, chair of R3 in Scotland and legal director at Addleshaw Goddard, said “Whilst it’s good to see a slight overall decrease in today’s corporate and personal insolvency figures from Accountant in Bankruptcy (AiB), the executive agency of the Scottish Government, there has been an increase in creditor enforcement. Today’s figures are being published against a backdrop of ongoing uncertainty which…

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Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:

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