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Hundreds of jobs to be lost in TGI Fridays insolvency plan
Hundreds of UK hospitality workers are facing redundancy as the owner of TGI Fridays prepares a pre-pack administration deal. Sugarloaf TGIF Management, which acquired the chain only two months ago, plans…
Germany corporate insolvencies reached decade-high in 2025
2025 saw German business insolvencies climb to their highest level in a decade, with 23,900 companies filing for bankruptcy - an 8.3% increase from 2024. This reported surge reflects the serious toll…
Kanabo calls in administrators marking an end to the LSE Cannabish Rush
Kanabo Group, once a flagship medical-cannabis firm on the London Stock Exchange, has entered administration as of 28 November 2025, marking a dramatic collapse for what was once considered a leader of…
General Prosecutor's Office: Euroins bankruptcy, caused by fraudulent management, embezzlement and money laundering
The Romanian General Prosecutor's Office is conducting a major investigation into the bankruptcy of insurance company Euroins, which has been severely affecting the compulsory auto insurance market in…