UK newsfromwww.bbc.com3 weeks agoSchools, care homes and sports clubs sold off to pay spiralling council debtUK councils are selling public assets to address spiralling debt of £122bn, enabled by government capitalisation directions and risky borrowing practices.
European startupsfromBusiness Matters3 months agoEG group profits plummet from $1.4bn to $10m following Asda forecourt saleEG Group's pre-tax profits dramatically fell from $1.4 billion to $10 million due to major asset sales.Despite profit drops, adjusted EBITDA showed slight growth, indicating some financial progress amid restructuring.