UK to appoint commissioners to run 'bankrupt' Birmingham – Reuters

LONDON, Sept 19 (Reuters) – British minister Michael Gove said on Tuesday the government had been forced to intervene in the day-to-day running of England’s second-largest city, Birmingham, which earlier this month effectively declared bankruptcy. Gove said he would appoint commissioners to take over the running of Birmingham City Council – the largest local authority…

New Data from Nonprofit Money Management International Shows a … – GlobeNewswire

STAFFORD, Texas, Sept. 19, 2023 (GLOBE NEWSWIRE) — Money Management International (MMI), a nonprofit credit counseling and debt management organization, today released data showing an increase in debt distress across all age groups in August 2023 compared to August 2022.The data shows that the average number of clients seeking help from MMI increased by 40%…