Category : Search result: financial collapse


Norfolk village homes collapsing into sea

Hemsby residents watch their properties vanish as coastal erosion accelerates. Meet the retirees who bought doomed cliffside homes despite the clear danger.

MEVCO EV Company Collapses Owing Millions

Exclusive investigation into the shocking downfall of MEVCO, the electric vehicle company that left creditors facing millions in losses amid allegations of financial mismanagement.

Fourth US Bank Collapses as First Republic Fails

First Republic Bank becomes latest casualty in American banking turmoil, with JPMorgan acquiring assets in dramatic federal intervention following SVB, Signature and Silvergate failures.

Ancient Roman Tower Collapses Near Imperial Forums

A significant portion of Rome's medieval Torre dei Conti has collapsed near the Imperial Forums, raising urgent questions about Italy's cultural heritage preservation. Emergency services are securing the area as investigations begin.

US Congress seeks emergency funds from Hartford amid crisis

In an extraordinary turn of events, members of the United States Congress have been compelled to seek emergency financial assistance from Hartford, Connecticut, as political gridlock leaves them without pay. This unprecedented situation reveals deepening

FCA's £4bn Car Finance Scheme 'Robbing Victims'

Exclusive: The Financial Conduct Authority's proposed compensation scheme for the car finance mis-selling scandal faces massive backlash for potentially short-changing victims out of billions.

Money Silence Crisis: Costing Brits Thousands

New research reveals Britain's dangerous silence around money matters is creating financial distress, relationship breakdowns, and mental health crises across the nation.

Court Revives Challenge to Trump-Era CFPB Director

A federal appeals court has revived a legal challenge questioning the legitimacy of a Trump-era director's appointment to America's Consumer Financial Protection Bureau, creating fresh uncertainty for the agency.

HSBC sued over Bernie Madoff profits in major lawsuit

HSBC confronts explosive legal action alleging the banking giant knowingly profited from Bernie Madoff's notorious Ponzi scheme while ignoring clear warning signs in the largest fraud in Wall Street history.

Manchester Building Collapse Sparks Mass Evacuation

Emergency services have launched a major operation in Manchester city centre after a building partially collapsed, forcing evacuations and road closures as structural engineers assess the safety of the area.

Sydney Built Lifestyles collapses into liquidation

Exclusive: High-end property developer Sydney Built Lifestyles enters voluntary liquidation, leaving customers with unfinished homes and substantial financial losses. Discover the full story behind the collapse.

UK Savings Crisis: Investment Scams Surge 42%

Exclusive investigation reveals British savers lost over £1.2 billion to sophisticated investment scams in the past year, with fake cryptocurrency schemes leading the devastating surge in financial fraud.

FCA Under Fire Over Soaring Consumer Complaints

The Financial Conduct Authority faces mounting criticism as consumer complaints against financial firms skyrocket, revealing serious gaps in investor protection and regulatory oversight.

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