Caledonian Logistics Enters Administration; Rescue Deal Saves 60 Jobs
Caledonian Logistics, a key player in the UK’s road haulage sector, has entered administration, signaling ongoing struggles…
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UK Business Confidence Hits Pandemic-Era Lows | December 2024
With less than 4 weeks to go before the year ends, it has been a rocky year…
Allplants Seeks Buyer After Entering Administration
Renowned vegan meal kit maker Allplants, based in the UK, faces potential closure after filing a notice…
Spirit Label Solutions Acquired Out of Administration
Renfrew-based Spirit Label Solutions, a specialist in whisky and spirits bottle labelling, has been successfully rescued from…
UK Trade’s Potential Decline After USA Election and Post Budget Policies
Donald Trump’s economic policy, focused on ‘America First,’ centres around heavy tariffs and protectionism to bolster U.S….
QC Polymer Enters Administration and Seeks Buyers
A West Midlands-based recycling firm, QC Polymer, which had changed hands earlier this year and was actively…
Navigating the Budget’s Double-Edged Sword: Potential Insolvency Risks for Key UK Industries
The latest UK Budget arrives amid a pivotal economic moment. Following its announcement, the cost of UK…
Thames Water Debt Crisis: Ofwat Appoints Administrators
L.E.K. Consulting have been appointed as the official administrators for Thames Water, the UK’s largest private water…
Insolvencies in Construction Hit Yearly High | October 2024
Insolvencies in the construction sector surged to 4,310 in the year leading up to September, marking the…
UK Businesses Face Steepest Confidence Decline in a Year; Insolvencies Continue to Surge Before Budget
The recent slowdown in the UK’s private sector signals growing unease among businesses, with October’s PMI (purchasing…
