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Thanks Quisling!

25 Across - Say collapse leads to complete bankruptcy (5,4)
I believe the first word is UTTER = say
For the second word I have ?U?? - could be BUST? UTTER BUST does not sound right though. Do you think this is right?

26 Down - In bed but failing to get hard (3,2) I have ??T?P.
Could be NOT UP?
These are my last two so help would be appreciated.

Hally, 25a. Utter ruin?

Definitely Utter ruin

Not up is also correct. Cyclops’ trademark smut…

Thank you very much, right.

Thank you both, I see.

I've finished the whole thing but I'm stuck at the mechanism of 21 down. I know the answer is 'threat' and the definition is 'hazard' but how does it get there? 'In that place that's rid of earth hazard'? I know it's staring me in the gob!

THEREAT means in that place, losing E, a one letter abbreviation of earth

I've only just got around to PE 737 so a bit late with this question.
4d: Talk of ex-deputy PM losing a scrap (5)
Letters so far R _ L _ I_
Only word I can find is Rollic, meaning scrap, but can't clue that out at all.
Thanks, Ali