Insolvencies
-
Hospitality insolvencies soar by nearly 60%
Almost 1,600 companies in the sector have fallen into financial distress over the quarter
-
Company insolvencies rise by 38%
An uptick in winding up petitions and high inflation claimed nearly 2,000 businesses last month
-
Corporate insolvencies continue to rise
The figure rose by 7.5% last month and is 27% higher than before the pandemic
-
Insolvencies hit highest level in a decade
Last quarter 5,629 companies became insolvent, with most opting for creditor’s voluntary liquidation
-
Property company insolvencies soar
81 property investment companies became insolvent in Q1, the highest figure in over a decade
-
Insolvencies head toward pre-pandemic levels
The UK will be the first large European nation to return to pre-Covid levels of corporate insolvency
-
Business insolvencies rise to record levels
Nearly 5,000 businesses declared themselves insolvent in Q1, more than double the previous year
-
Insolvencies rise as pandemic protection ends
Rises driven by greater levels of creditor voluntary liquidation
-
Insolvencies rise as creditors head to court
Rent debt is being chased, but the HMRC is proving to be the most aggressive creditor