Category: Distress
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Junk Bond Guru Sees Rising Distress Ahead as Banks Tighten Lending
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Bread path links PMN Business The powerful American economy has left the stalled debt investors to starve, but it may be about to change, according to veteran return analyst Marti Friedson. The author of the article: Bloomberg News James Chromby It was published on February 15, 2025 • 5 minutes…
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Record surge in UK businesses facing severe financial distress as costs climb
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The number of companies in the United Kingdom in critical financial troubles jumped through the record by 50.2 percent quarterly to 46,853 in the last three months of 2024, according to new data from the insolvency specialist Bigbis Treenor Construction and consumer companies carry the burden of this distress, which…
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How the Treasury can get Kenya out of debt distress
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Treasury Minister John Mbadi is working under extremely precarious conditions. As he seeks to simplify Kenya’s financial landscape, he should not lose sight of the fact that any reference to the rejected 2024/2025 Finance Bill may anger Generation Z who thwarted its implementation in June this year. However, the country…