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…
Business acquisition
Typhoo Tea’s Administration: Company Bought for £10M by Vape Maker
Typhoo Tea, a stalwart of Britain’s tea industry since 1903, has been rescued by Supreme Plc after…
Hampshire Community Bank Collapses into Administration
A not-for-profit bank based in Winchester, Hampshire Community Bank, has gone into administration. This has disappointed investors,…
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…
Rising Insolvency Amid UK’s Economic Strain: From Councils to Corporates
Rising insolvency in the UK reflect the financial uncertainty triggered by higher interest rates and the latest…
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…
Lewsiham’s Catford Mews Shuts Down with Unpaid Debts
Lewisham’s only cinema, Catford Mews, abruptly closed this week after the building was repossessed by Lewisham Council…
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…
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…
