Cheltenham Council Leader Denies Bankruptcy Risk Amid Financial Dispute Friday, February 27, 2026 cheltenham council finances bankruptcy budget audit section114 overspend political savings A fervent dispute has emerged between Cheltenham’s borough council leader and a former mayor over the council’s financial health. Rowena Hay, leader of the Liberal Democrat group, has firmly dismissed concerns raised by Wendy … Read More
UK Discount Retailer The Original Factory Shop Enters Administration, 139 Stores at Risk Wednesday, January 28, 2026 theoriginalfactoryshop administration retail ukhighstreet modellacapital joblosses discountretail claire’s bankruptcy storeclosures The Original Factory Shop (TOFS), a beloved UK discount retailer that has served customers since 1969, has entered administration, putting 139 of its stores at risk of closure. This development follows the company’s recent … Read More
Gloucester Council Faces Financial Crisis Amid Celebration Claims for 2025 Wednesday, December 31, 2025 gloucester council bankruptcy overspend bailout regeneration cuts leadership crisis finance Gloucester City Council is facing a severe financial crisis after revealing millions of pounds in overspending over recent years. Despite this, the council has described 2025 as a “year to celebrate,” a claim that … Read More
Gloucester City Council Faces Financial Crisis, Urges Unity to Secure £17.5m Government Loan Friday, December 19, 2025 gloucester council finance loan recovery politics austerity governance overspend bankruptcy Gloucester City Council is confronting a severe financial crisis, with fears it could effectively “go bankrupt” unless party politics are set aside. The council is poised to submit a loan application to the Government for … Read More
City Chiefs Confident of February Bailout to Avert Gloucester Council Bankruptcy Thursday, December 11, 2025 gloucester council finance bailout budget crisis government recovery bankruptcy localgovernment Gloucester City Council is confronting its most severe financial crisis to date, facing the threat of bankruptcy without urgent government intervention. Council leaders have expressed confidence they will secure a financial … Read More
Gloucester Council Faces Criticism Over Potential Sale of Key Assets Amid Financial Crisis Friday, December 5, 2025 gloucester council bankruptcy bailout assets property overspend finances community budget Gloucester City Council is grappling with significant financial challenges, prompting concerns that it may be forced to sell valuable assets — its so-called “family silver” — to avert bankruptcy. Later this month, council … Read More