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Insolvency Related News

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Latest Insolvency Related News

Company In Insolvency
17/12/2021
Number of Firms at Risk “Growing Every Day” as Omicron Spreads
The number of businesses at risk of entering insolvency or liquidation is growing every day as the Omicron variant of Covid-19 spreads throughout the UK.
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Business Owner Coffee Shop
09/12/2021
Covid Plan B ‘Puts Hospitality Firms at Risk’
The government’s decision to pursue a ‘Plan B’ in response to rising cases of Covid-19 could put hospitality businesses at risk in the coming weeks and months.
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Manufacturer Workers
02/12/2021
Manufacturers Facing Financial Crunch and Fight for Survival
Manufacturing companies are facing a combination of major financial challenges as their sector and the wider economy recover from the worst of the coronavirus crisis.
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Computer Fraud
16/11/2021
Insolvency Service Cracks Down on Abusers of Bounce Back Loan Scheme
The Insolvency Service has banned a company director for a period of nine years as part of a crackdown on abuses and fraud relating to the government’s Covid-19 financial relief schemes.
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Hotel Receptionists
29/10/2021
Hospitality Sector Still ‘Incredibly Fragile’ Despite Business Rates Relief
Companies within the UK’s hospitality sector remain in a fragile situation financially despite being granted an extension to the 50 per cent relief policy in relation to their business rates.
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Shops In Liquidation
22/10/2021
Voluntary Liquidation Rates Up to Highest Levels in Almost 3 Years
The rates at which companies in England and Wales were being placed into liquidation on a voluntary basis increased to the fastest pace since January 2019 during September of this year.
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Business Insolvency Rising
14/10/2021
Business Insolvency Rates Set to Rise, Says Bank of England
Rates of business insolvency across the UK are likely to increase during the final three months of 2021, according to the Bank of England.
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Man With Umbrella
15/09/2021
Insolvency Protection Measures to be Phased Out from October
Measures introduced to protect struggling businesses from being forced into insolvency or liquidation during the pandemic are to be phased out from October 1st, the government has confirmed.
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