Company insolvencies in England and Wales rise 8% in May – Accountancy Today
Company insolvencies in England and Wales rise 8% in May Accountancy Today Read the original article here
Company insolvencies jump due to the Chancellors tax increases – London Business News
Official data from the Insolvency Service shows an 8% increase in companies going bust as they were hit by the Chancellor’s tax rises in April. In May across England and Wales there was 2,238 company insolvencies which is an 8% rise compared to April and 15% higher compared to the same period in 2024. There…
Company insolvencies jump 8% after cost increases
Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth The number of companies going bust across the UK increased last month after…
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Company insolvencies jump 8% after cost increases – The Irish News
The number of companies going bust across the UK increased last month after firms swallowed increased costs, according to figures. Official data from the Insolvency Service showed there were 2,238 company insolvencies in England and Wales in May. This was 8% jump compared with April, and 15% higher than the same month last year. The…
Monthly Insolvency Statistics: May 2025
Looking at the graph below it is pretty obvious that insolvencies are on the way up, albiet from a low base. Creditors voluntary liquidations are up quite significantly with 200+ more this month than last. Other insolvencies are low but recent analysis of June’s winding up petitions show that the levels are consistent with…
Company insolvencies jump 8% after cost increases
The number of companies going bust across the UK increased last month after firms swallowed increased costs, according to figures. Official data from the Insolvency Service showed there were 2,238 company insolvencies in England and Wales in May. This was 8% jump compared with April, and 15% higher than the same month last year. The…
Personal insolvencies 5% higher in May than same month of 2024, figures show
The number of people going financially insolvent across England and Wales in May was 5% higher than the same month in 2024, according to Insolvency Service figures. In May 2025, 10,014 people entered insolvency, including bankruptcies, debt relief orders (DROs) and individual voluntary arrangements (IVAs), a total which was broadly unchanged compared with 10,060 insolvencies…
Autumn tax rises ‘increasingly likely’ after UK borrowing rises in May; company insolvencies jump – business live | Business
Autumn tax rises ‘increasingly likely’ Despite UK government borrowing slightly undershooting forecasts so far this financial year, tax rises in the autumn are likely. That’s the view of City consultancy Capital Economics, who told clients this morning: Despite the overshoot in May, public borrowing was £2.9bn below the OBR’s forecast in the first two months…
February 2025 update from the Commission
In February, the Commission hosted its free online event with representatives from the Fair Work Ombudsman, “Navigating Casual Employment”. Attendees left with a better understanding of how to manage casual staff effectively and ensure their business remains compliant. If you were unable to attend, information about changes to casual employment can be found on the…