Category : Search result: lending collapse


No Public Inquiry into Birmingham Council Collapse

Labour leaders block a public inquiry into Birmingham City Council's financial collapse. Critics warn of a lack of accountability and say the party will pay at the ballot box. Read the full story.

Lloyds Bank to lend £35bn to UK firms in 2026

Lloyds Banking Group commits over £35 billion in new finance for 2026 to support UK companies and SMEs, aiming to fuel economic growth and community prosperity. Discover the details.

Toolstream in administration, 111 jobs axed

Major UK DIY distributor Toolstream has collapsed into administration, blaming post-COVID supply issues. 111 jobs have been cut as administrators seek buyers. Read the full story.

Sixes bar chain collapses, 16 UK venues at risk

Sixes, the cricket-themed bar chain backed by Ben Stokes, has entered administration. Its 16 UK venues, including Birmingham's Mailbox, are at risk as administrators seek a rescue deal.

Dramatic moment abandoned Bradford building collapses

Watch the moment a derelict building on Dale Street, Bradford, collapsed, sending rubble across the road. Emergency services and structural engineers attended the scene. Read the full eyewitness account.

Pound Collapse Warning Ahead of Autumn Budget

Currency traders are betting against Sterling ahead of Chancellor Rachel Reeves' Autumn Budget, raising fears of a potential currency collapse similar to the 2022 crisis.

Cornwall to London flights resume with Skybus

Flights between Cornwall Airport Newquay and London Gatwick have resumed under Skybus. The carrier has taken over the route after Eastern Airways entered administration. Book your flights now.

Hull Manufacturer Folds Following £585k Dispute

Kingston Modular Systems in Hull enters administration, resulting in 62 redundancies after a client withheld £585,000, causing critical cash flow issues. Discover the full story behind the collapse.

Birmingham law firm collapses with job losses

Bell Lax Solicitors in Sutton Coldfield enters administration, resulting in redundancies. Discover the impact on the West Midlands legal sector and the reasons behind the collapse.

Holiday park operator collapses, 11 resorts hit

Cove UK's parent company enters administration, impacting 11 British holiday parks. Administrators are seeking buyers. Guests with bookings advised to contact site managers.

Blue Islands ceases operations, stranding passengers

Channel Islands carrier Blue Islands suspends all flights, leaving thousands stranded. Second UK regional airline to collapse in three weeks. Find out about refunds and alternative travel options.

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