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The council said the event had become ‘unsustainable’
Manchester Council has responded to the news that Manchester Pride has entered liquidation(Image: Manchester Evening News)
Manchester Council has issued a statement after it was announced that Manchester Pride has started the legal process of voluntary liquidation – and has said the next event will still take place in August 2026.
This afternoon, the LGBTQ+ event’s board of trustees said the organisation was ‘no longer financially viable’ following rising costs, declining ticket sales and the result of this year’s ‘ambitious’ refresh, with a new stage area outside of the Gay Village area.
The announcement came after the board issued a statement last week admitting that they…
After the Federal Reserve resumed the rate-cut campaign it started in 2024 in September, other cuts now seem likely for the central bank’s next meetings in October and December. That will potentially offer real relief for homebuyers, homeowners looking to refinance and homeowners looking to borrow from their home equity.
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A 29-year-old and his wife have more than $120,000 in debt, and that doesn’t include their mortgage. The couple mostly got into this situation because of credit card debt, and they are taking out personal loans for big expenses.
The 29-year-old isn’t sure how to tackle their debt and turned to Reddit for advice. They also have four kids, which is a great accomplishment, but they have to manage various costs while establishing a path out of debt.
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The couple has $30,000 in credit card debt, which comes to approximately $500 per month in interest. They have four credit cards, and most commenters suggested…
Manchester Pride has been put into voluntary liquidation – and the future of the event is now in doubt.
Artists and suppliers are owed money following this year’s event, according to an Instagram statement issued by Pride’s board of trustees.
Pride’s organisers cited rising costs, declining ticket sales and an unsuccessful bid to host Euro Pride as factors behind the decision.
The organisation is a charity and limited company that campaigns for LGBTQ+ equality and offers training, research, policy analysis, advocacy and outreach activities, as well as putting on the annual parade and live event.
Manchester Pride has been put into voluntary liquidation – and the future of the event is now in doubt.
Artists and suppliers are owed money following this year’s event, according to an Instagram statement issued by Pride’s board of trustees.
Pride’s organisers cited rising costs, declining ticket sales and an unsuccessful bid to host Euro Pride as factors behind the decision.
The organisation is a charity and limited company that campaigns for LGBTQ+ equality and offers training, research, policy analysis, advocacy and outreach activities, as well as putting on the annual parade and live event.
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The Corporate Insolvency Resolution Process (CIRP) against FSCSL was initiated on January 5, 2023 following a petition filed by DHL Ecommerce (India) Pvt. Ltd. under Section 9 of IBC.
Rajan Rawat was appointed as the Interim Resolution Professional (IRP) and subsequently confirmed as the Resolution Professional (RP).
After several rounds of reconstitution and extensions, the Committee of Creditors (CoC) comprising Azim Premji Trust, IDFC First Bank, JC Flowers ARC, State Bank of India, Goraj Automation Pvt. Ltd. and Siemens Factoring Pvt. Ltd. approved Reliance Retail’s resolution plan with 91.76% votes in favour in its 37th meeting held on March 4 this year.
Can a contractor pursue insolvency proceedings where the debt is disputed and an arbitration clause exists? This was the central issue before the Court of Appeal in Kwale International Sugar Company Limited v Epco Builders Limited & 2 Others [2025] KECA 227 (KLR), a case with implications for contractors, employers and legal practitioners navigating construction disputes.
In 2012, Kwale Sugar contracted Epco Builders (Epco) to construct a sugar factory under a KES 2.22 billion Engineering, Procurement and Construction (EPC) agreement. A dispute arose over alleged non-payment of KES 712 million. Epco issued a statutory demand and subsequently filed an insolvency petition seeking liquidation of Kwale Sugar. Kwale Sugar applied to set…