All the updated news related to financial distress

All the news related to financial distress updated in real time

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Social housing residents’ vulnerabilities too often missed, says ombudsman

Grief and financial distress must be considered among factors that can make a social housing resident vulnerable, according to a new report calling for a Royal Commission with the aim of forming a long-term plan for the sector. The Housing Ombudsman ...

23 Jan 2024 at 00:01

Millions face higher than usual council tax hikes amid bid to stabilise services

Millions of households are facing a council tax hike beyond normal thresholds this year, as Angela Rayner warned of further “tough decisions” to “rebuild and stabilise” local government. The Deputy Prime Minister said challenges remain in the ...

03 Feb 2025 at 18:06

City

More than 55,000 UK firms in severe distress, research shows

More than 55,000 UK companies are in serious financial distress and in danger of collapse without improvement over the coming year, according to research. Experts have warned that the upcoming autumn Budget “must deliver urgent support to ...

03 Nov 2025 at 19:56

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