Ruthin School, one of Wales' oldest independent schools, will close permanently due to financial pressures, devastating pupils and parents. This follows St Gerard's closure and comes amid new UK VAT rules on private school fees, which the sector blames for a "perfect storm."
Bolton Wanderers have secured promotion to the Championship after a 3-1 victory over Stockport County in the League One playoff final at Wembley. Sam Dalby scored a decisive overhead kick, with Rúben Rodrigues adding a late penalty.
Spirit Airlines has ceased operations after canceling thousands of flights this weekend, marking the end of a budget carrier that hadn't turned a profit since 2019. The airline cited a sharp rise in oil prices stemming from the US-Israeli conflict with Iran as the final blow to its struggling business. Transportation Secretary Sean Duffy blamed the Biden administration for blocking a proposed merger with JetBlue, while Senator Elizabeth Warren defended the decision, noting a Reagan-appointed judge ruled the deal illegal.
Spirit Airlines, the nation's seventh-largest airline, has approached the federal government for a bailout as it faces a perfect storm of financial pressures. The ultra-low-cost carrier, which hasn't turned a profit since 2019 and filed for Chapter 11 bankruptcy in August 2025, estimates $360 million in unexpected fuel costs due to the war in Iran. The government is proposing a $500 million loan for a significant stake, though both Trump administration officials and bipartisan senators have criticized the plan. Spirit's struggles stem from its ultra-low-cost business model that cannot raise fares, a 2019 debt-fueled expansion followed by COVID, a Pratt & Whitney engine recall grounding 20% of its fleet, and current capacity at just 75%.
Inter Kashi manager Antonio Habas expressed deep concern about the club's situation after a 0-3 defeat to Punjab FC on April 20, hinting at possible salary issues for players and staff. The club sits eighth in the ISL points table with 11 points from nine matches. A club source denied financial problems, suggesting the issue may relate to an ongoing legal battle with Churchill Brothers over last year's I-League title.
