A common misconception is that universities can freely tap into their endowments to address financial shortfalls. In reality, a significant portion of endowment assets are legally restricted.
Creditors' voluntary liquidations remain the process companies most commonly enter into - and their consistently high numbers reflect the ongoing challenges, high costs and political and economic uncertainty businesses face.
fleets of subscriptions are everywhere, and some may even say itâs a form of modern-day luxuryâone thatâs proving unsustainable for consumers juggling numerous memberships.
"The entire sector is being affected by the rising cost of utilities and services, the real-terms decline in public funding, and the impact of inflation on consumer spending and tourism."
As the cost-of-living crisis deepens, many Irish households find themselves increasingly unable to meet their financial obligations, particularly in terms of mortgage repayments.