Bankruptcy

Wycombe Courier Jailed: Covid Loan Used for Drugs and Gambling

Wycombe Courier Jailed: Covid Loan Used for Drugs and Gambling

Amraiz Mahmood misused Covid relief funds for personal expenses, including drugs and gambling, leading to a suspended sentence. Wycombe Courier Jailed: Covid Loan Used for Drugs and Gambling Amraiz Mahmood got a loan of £20,250. He lied to the bank to get the money back in 2020, claiming his business made more money than it…

Somerset Council Relies on Central Government Due to Budget Gap

Somerset Council Relies on Central Government Due to Budget Gap

Somerset Council needs £43m from the government to avoid bankruptcy after savings and tax hikes failed to bridge the budget gap. Somerset Council Relies on Central Government Due to Budget Gap The council needs £52.2m for the 2025/26 year due to rising costs for social care and the increasing need to care for more kids…