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Over 1,000 military veterans are being pursued for thousands of pounds in pension debts stemming from clerical errors in the Ministry of Defence pension system, with some facing six-figure repayment demands.
Imax CEO opened the door to a sale in December, but despite record-breaking box office performance and strong momentum through 2026, no major buyers have emerged for the $3 billion company.
Goodyear’s turnaround plan aims to boost investor appeal and profitability, but the tire maker continues burning significant cash while managing over $7 billion in debt.
Treasury Secretary Scott Bessent faces mounting criticism over his handling of economic policy, including debt management and efforts to isolate Iran financially amid broader geopolitical tensions.
Volkswagen’s CEO faces worker protests as he presents restructuring plans potentially involving major job losses and factory closures, urging employees to unite despite widespread opposition.
Prime Minister Andy Burnham is exploring changes to insolvency laws to facilitate public control of struggling utilities like Thames Water, though the plan faces potential legal challenges from creditors.
