New USA Tariffs Send Shockwaves for UK Businesses
The United States has introduced a baseline 10% tariff on all imports, with higher rates of up…
Administration
Spring Statement 2025: Impact on Business Confidence and SMEs in the UK
Chancellor Rachel Reeves’ delivered the Spring Statement 2025 on 26th March, 2025. Rather than easing the anxieties…
Wenzel’s the Bakers Facing Winding Up Order
Wenzel’s the Bakers, a well-known UK bakery chain with over 100 stores, is currently facing financial uncertainty….
Ripple Energy Enters Administration; Insolvency Practitioners Appointed
Ripple Energy, a pioneer in community-owned renewable energy, has entered administration. This has triggered a search for…
Store Closures for Select Fashion Amidst Financial Distress
Select Fashion, a womenswear chain, is reportedly on the brink of liquidation after shutting down 35 stores….
UK Universities at the Risk of Insolvency
The University of Dundee is confronting a severe financial crisis. It has already escalated plans for substantial…
UK Economy in Recessionary Grip | Financial Challenges for the Manufacturing Industry
The latest GDP figures from the Office for National Statistics paint a bleak picture for the UK…
Walleys Quarry Ltd Enters Liquidation; Uncertainty Over Landfill Site
Walleys Quarry Ltd (WQL), the operator of the controversial landfill site in Silverdale, has gone into liquidation….
Snowfall Entity Global Transport Solutions Enters Liquidation
Global Transport Solutions Limited (GTS), formerly known as Snowfall Services Limited applied for liquidation at the end…
Acquisition Update: Internet for Business (IFB) Taken Over by Converged Communication Services
Aberdeen-based Converged Communication Services has acquired Internet for Business (IFB. The acquisition comes after IFB, a fellow…
