Mike Lindell says 'cash-strapped' MyPillow took $1.6 million loan from payday lender at 409% interest
MyPillow and Mike Lindell allege deception in a high-interest loan arrangement, showcasing their financial distress and legal challenges regarding merchant cash advances.
Vodafone faces 120 million franchisee legal battle over alleged 'bad faith' business practices
Vodafone is being sued by franchisees for breaching good faith in business dealings and imposing harsh financial penalties.
Bidders line up for struggling Thames Water
Thames Water is experiencing severe financial issues, prompting multiple bids for potential acquisition.
The Business Distress Index - a health check on UK businesses - London Business News | Londonlovesbusiness.com
London leads in business distress for Q3 2024 amidst political changes affecting consumer and investor confidence.
UK Businesses Face Tightening Cash Flow Amid Rising Interest Rates - 3 Tips for Managing Cash Flow
High interest rates severely impact cash flow, necessitating effective management strategies for businesses to survive.
Insolvency expert warns Labour's Budget burdens threaten to push businesses to the brink - London Business News | Londonlovesbusiness.com
New tax increases may lead to more business failures amid ongoing financial pressures.
Rising interest rates kill off the most British businesses in a year since 1993
Number of company insolvencies in England and Wales hits 30-year high
Voluntary liquidations reach highest level since records began in 1960
Half a million firms in significant' financial distress as UK's economy stagnates
More than 550,000 British firms face financial distress due to high interest rates, low consumer confidence, and pandemic-induced debt, potentially leading to insolvency.
The Business Distress Index - a health check on UK businesses - London Business News | Londonlovesbusiness.com
London leads in business distress for Q3 2024 amidst political changes affecting consumer and investor confidence.
UK Businesses Face Tightening Cash Flow Amid Rising Interest Rates - 3 Tips for Managing Cash Flow
High interest rates severely impact cash flow, necessitating effective management strategies for businesses to survive.
Insolvency expert warns Labour's Budget burdens threaten to push businesses to the brink - London Business News | Londonlovesbusiness.com
New tax increases may lead to more business failures amid ongoing financial pressures.
Rising interest rates kill off the most British businesses in a year since 1993
Number of company insolvencies in England and Wales hits 30-year high
Voluntary liquidations reach highest level since records began in 1960
Half a million firms in significant' financial distress as UK's economy stagnates
More than 550,000 British firms face financial distress due to high interest rates, low consumer confidence, and pandemic-induced debt, potentially leading to insolvency.
Typhoo Tea collapses into administration - London Business News | Londonlovesbusiness.com
Typhoo Tea, after 120 years, has entered administration due to significant losses and cash flow issues, seeking a potential rescue deal.
How service charges in flats spiralled out of control
Rising service charges for homeowners are causing severe emotional and financial distress, prompting calls for political action.
Begbies Traynor predicts surge in insolvencies following budget impact
Businesses in the UK are expected to face increased financial distress due to budget changes, particularly rising National Insurance contributions.
Are debt collectors calling you about a zombie 2nd mortgage?
NPR investigates the resurgence of 'zombie second mortgages'—old loans thought forgiven are instead being enforced by lenders, impacting homeowners.
HMRC puts Loan Charge settlements 'on pause by request' until independent review concludes | Computer Weekly
HMRC's Loan Charge allows contractors to pause settlements pending an independent review, amid concerns of significant financial distress and distressing outcomes for affected individuals.
Widow will be 91 when mortgage term ends as loan service firm told to give her new interest rate of just 0.5pc
A 36-year mortgage at 0.5% interest offers new hope for homeowners in financial distress.
A&E's $600M delinquency shows rent-regulated pain in CMBS
A&E Real Estate is grappling with a severe loan crisis due to financial distress in heavily rent-regulated properties, marking a new trend in multifamily delinquencies.
$1.5 trillion of commercial real estate debt is due next year, and refinancing won't be easy
Landlords face significant refinancing challenges with $1.5 trillion in debt due by next year, particularly in the multifamily sector.
Apartments Could Be the Next Real Estate Business to Struggle
Many apartment buildings are facing financial distress due to rent stalls, expensive mortgages, and oversupply in certain areas, putting approximately 20 percent of loans at risk of default.
$1.5 trillion of commercial real estate debt is due next year, and refinancing won't be easy
Landlords face significant refinancing challenges with $1.5 trillion in debt due by next year, particularly in the multifamily sector.
Apartments Could Be the Next Real Estate Business to Struggle
Many apartment buildings are facing financial distress due to rent stalls, expensive mortgages, and oversupply in certain areas, putting approximately 20 percent of loans at risk of default.
Social Security benefits in 2024 have lost 20% of buying power compared to 2010
The U.S. Social Security program's purchasing power has decreased significantly since 2010, indicating the impact of inflation on fixed-income seniors.
Investors for iconic downtown SF building stopped paying on its loan
Struggling real estate developer in San Francisco
Loan defaults in hospitality industry
As Medicaid Shrinks, Clinics for the Poor Are Trying to Survive
Financial distress due to Medicaid cuts impacting healthcare services and patients' access to care.