Insolvency Levels in Hospitality Remain Historically High | May 2025
The UK hospitality industry contributes around 3% of GDP, underpinning a wide array of jobs and local…
insolvencies
Short-Term Lift, Long-Term Risk: UK Retail’s Recovery Faces a Reality Check
UK retail sales saw their fastest quarterly growth in nearly four years, helped by warmer weather in…
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…
Week in Review | Outlook for UK Insolvencies | February 2025
Just about six weeks into the year, 2025 has been off to a bleak start for business…
Hot Tub Maker Plunges into Liquidation
MySpa UK, an award-winning family-run hot tub installation and servicing company, has ceased trading after 16 years…
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…
Manufacturing Insolvencies Update | September 2024
The UK manufacturing sector saw a promising resurgence in the second half of 2024, with growth in…
No Returns for Creditors After High Street Group’s Insolvency
The North East development company, High Street Group, is likely to be wound up after administrators determined…
Insolvency on the Rise in UK’s Hospitality Sector | July 2024
The UK’s hospitality sector—encompassing hotels, restaurants, and leisure facilities—remains highly susceptible to economic downturns and shifts in…
