#financial-distress

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www.independent.co.uk
3 weeks ago
Business

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. [ more ]
therealdeal.com
1 month ago
LA real estate

TA Partners Seeks Bankruptcy on 452-Unit Playa Vista Project

TA Partners filed for bankruptcy after facing distress due to loan defaults.
The bankruptcy filing relates to a development site in Playa Vista where a residential complex was planned. [ more ]
SFGATE
2 months ago
San Francisco

Investors for iconic downtown SF building stopped paying on its loan

Struggling real estate developer in San Francisco
Loan defaults in hospitality industry [ more ]
www.nytimes.com
2 months ago
Medicine

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. [ more ]
www.independent.co.uk
3 months ago
UK news

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 [ more ]
MedCity News
4 months ago
Public health

5 Most Notable Hospital M&A Deals in 2023

Financial distress is driving M&A activity in the hospital industry.
Kaiser Permanente plans to acquire Geisinger as part of its larger plan to create Risant Health, a company focused on improving population health through value-based care. [ more ]
www.theguardian.com
4 months ago
UK politics

British politics is rotting from the bottom up: pity our crisis-hit local councils | Simon Jenkins

Every review of Britain 2023 says the same.
The country is not being well run.
From policing to care homes, from postal services to sewage spills, from youth clubs to potholes, everywhere is failure.
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