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…
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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…
The Latest in UK Insolvencies | Construction | September 2024
The UK economy experienced stagnation for the second consecutive month in July, with zero growth following June’s…
Construction Insolvencies Continue to Rise | Weekly Review
As the year progresses, the UK faces escalating insolvency issues. Tens of thousands of UK businesses are…
The Continued Downfall of UK’s Construction Industry | Weekly Review
The construction industry has long served as a cornerstone of economic expansion and employment generation in the…
Family Owned Enrok Construction Falls into Administration
Enrok Construction, a contractor with a presence across the Midlands, has entered administration. The company, with offices…
Weekly Review: Rising Insolvencies in Construction & Real Estate
The construction industry has been a backbone of economic growth and job creation in the UK for…
Aston Martin & Bentley Cancel Manufacturer Contract; 500 Jobs Lost
Aston Martin and Bentley have terminated contracts with Formaplex, a UK car component manufacturer facing financial challenges….
Stewart Milne Group Falls into Administration
One of Scotland’s most prominent house-builders, Stewart Milne became the first major failure in the UK construction…
Credit Union Financing: A Lifeline for Distressed Business Owners
Unlike traditional banking institutions that are often profit-driven, credit unions have a unique ethos. They are not…
