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…
Winding up petitions
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….
Store Closures for Shoe Zone Amidst Tough Trading Conditions
Shoe Zone, the low-cost footwear retailer, has announced plans to close several stores due to rising operational…
Chamberlain Group Files for Liquidation; 160 Jobs at Risk
Chamberlain, a Black Country engineering group based in Walsall, has initiated a liquidation process that may jeopardise…
House of St Barnabas Files for Administration
The Soho-based House of St Barnabas, a members’ club and charity, abruptly filed for administration today after…
Winding-up Petitions Surge in UK with Rising Business Debts
The current economic condition in the UK has been influenced by a multitude of challenges. Some of…
Distressed Businesses Await Return of Winding Up Petitions
In ordinary economic circumstances, businesses and creditors enjoy a virtuous cycle. A business borrows to invest and…
Business Secretary Promises ‘Cautious Approach’ from HMRC
Last month’s announcement of a delay to the so-called ‘Freedom Day’ on 21st June served as a…
Contractor Collapses Ahead of Winding-Up Petitions Return
While the UK Government may have changed tack and delayed the return of Winding Up Petitions until…
Return of Winding Up Petitions Could Trigger New Collapses
On the surface, there are signs of optimism that the UK economy is able to stage a…
