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Over half of English councils face insolvency under £5bn deficit, MPs warn
An influential parliamentary committee has highlighted that significant deficits related to special educational needs funding may lead numerous local authorities in England toward...
Read Full Article →Gino D’Acampo: Restaurant empire’s huge debts revealed before rescue
The financial troubles of Gino D’Acampo’s business became apparent as the company faced significant liabilities exceeding £11 million, leading to administration proceedings prior t...
Read Full Article →Bank of England should promise lower interest rates and see off Nigel Farage | Phillip Inman
Lowering borrowing costs gradually to a more affordable level could encourage businesses to expand operations, invest strategically, and improve financial stability, thereby potent...
Read Full Article →‘Significant doubt’ revealed over Bank of London’s ability to keep operating
Auditors have expressed concerns about the bank’s capacity to secure necessary funding amid regulatory scrutiny, which may impact its operational continuity and financial stability...
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