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Latest Insolvency Related News

Upset Businessman
13/08/2020
Wave of Corporate Insolvencies Forecast for Autumn
The UK is set to suffer a wave of corporate insolvencies in the coming months as the government winds down its business support schemes and the true impact of coronavirus on the economy is revealed.
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UK Notes And Coins
13/08/2020
UK Economy Suffers Sharpest Decline on Record
The UK economy suffered the sharpest decline in output ever recorded during the second quarter of the year as the coronavirus crisis took a devastating toll.
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Buffet Table
13/08/2020
Insolvency Risk Facing 75% of Hospitality Businesses
Over three-quarters of the UK’s many thousands of hospitality businesses are facing the prospect of becoming insolvent within the next 12 months.
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Shaking Hands After Agreement
28/07/2020
Government Promises Tough Action Against Directors ‘Recklessly Profiting’ From Company Dissolutions
The government has taken steps to strengthen the powers of the Insolvency Service when it comes to cases of improper conduct during company dissolutions.
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Bakery Store
15/07/2020
Buyers Sought for Scottish Bakery Business Entered into Liquidation
A Scottish bakery business employing several hundred people in various parts of the country has been entered into liquidation after succumbing to the effects of an ongoing cash flow crisis.
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One Pound Coins
27/06/2020
Economic Growth Clocked at Sluggish 0.3% in Second Quarter
The UK’s overall gross domestic product (GDP) grew by just 0.3 per cent during the second three-month period of the year, according to official data on the subject.
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Offshore Oil Rig
28/10/2016
North Sea Oil and Gas Firm Xcite Energy Heading for Liquidation
An energy company headquartered in Surrey but whose operations are focussed on activities in the North Sea off the coast of Scotland looks to be heading towards liquidation.
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Fireplace
01/07/2016
Derby Fireplace Company Enters Voluntary Liquidation
The Derby Fireplace Company, whose name neatly outlines the nature of its business, has entered liquidation on a voluntary basis having struggled to achieve profitability over the course of recent months and quarters.
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