The number of customers falling behind on their electricity bills with no repayment plan in place has more than tripled from 300,000 in 2012 to over one million at the end of 2024, with the number of customers falling behind on their gas bill also tripling from 300,000 to 900,000 over this period according to latets Resolution Foundation research.

The report notes that the 13 million working-age families across the poorer half of Britain still struggle to save, with over two-in-five having less than £1,000 in liquid savings. But saving rates are at least going in the right direction – a third of poorer households (33 per cent) said they had money to save at the end of the week or month in 2018-20, up from just a…

The advent of the Insolvency and Bankruptcy Code, 2016 (IBC), was a significant development to tackle the non-performing asset problem in India. Bad loans at public sector banks stood at INR2.67 trillion (USD30.4 billion) with a gross non-performing asset ratio of 5.43% at the end of March 2015. It is in these circumstances that India’s parliament enacted the IBC, which came into force (provisions related to corporate insolvency) on 1 December 2016. A key issue discussed by the Bankruptcy Law Review Committee (BLRC) was the role of the resolution professional in identifying and reversing fraudulent transactions. It was proposed that the insolvency resolution professional (IRP) should file cases for reversing such…

Two Chinese medical device firms have declared bankruptcy after successfully winning bids in a government-led bulk-buying program, a first-of-its-kind event that spotlights the intense financial pain inflicted by the state’s cost-cutting measures.

The Tianjin Medical Procurement Center announced recently that two companies selected in an inter-provincial alliance for orthopedic trauma products, Changzhou Dzhang Medical Device Co. and Changzhou Kangyu Medical Device Co., have gone bankrupt and can no longer supply their contracted products.

He jumped the shark one too many poker games ago.

A passenger aboard a Royal Caribbean cruise ship tossed himself overboard into the open sea during an alleged attempt to avoid paying a staggering $16,000 gambling debt racked up over the vacation.

Jey Gonzalez-Diaz set sail on the Rhapsody of the Seas for a week-long holiday in which he threw caution to the wind and gambled his heart out, according to authorities.

The ship completed its voyage Sunday when it pulled into the Port of San Juan.

While the ship was returning to port, Gonzalez-Diaz realized his supposed error and pitched himself into the water as the cruise was disembarking shortly after 9 a.m. local time, according to a criminal complaint obtained…

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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.

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Posted By: Peter Gosnell
10 September 2025