This week’s company insolvency statistics show accommodation and food services insolvencies rose 6% from 277 in April 2025 to 295 in May 2025, reaching the highest monthly figure since November 2024. Insolvencies in the sector were also up 4% year-on-year. Saxon Moseley, partner and head of leisure and hospitality at RSM UK, said, “Today’s figures…
Book Release of Corporate Insolvency: The Road to Viksit Bharat – Law, Policy and Practice SCC Online Read the original article here
Scottish company insolvencies fell by 4% in June 2025 compared to the previous year, with 105 firms collapsing. Experts have warned this may only be a temporary reprieve and a challenging economic climate. The monthly total comprised 62 creditors’ voluntary liquidations, 37 compulsory liquidations, five administrations, and one company voluntary arrangement. Over the 12 months…
Image: Brothers Le [Licensed under CC BY 2.0] Bruno Mars rounded off a recent surprise performance in Los Angeles with a tongue-in-cheek social media post, seeming to laugh off the longstanding rumours of his alleged gambling debts. Appearing on stage alongside BLACKPINK’s Rosé at SoFi Stadium on July 13, the Grammy-winning artist joked on Instagram:…
Company insolvencies in England and Wales fall Just in: the number of companies in England and Wales falling into insolvency dropped last month. The Insolvency Service has reported that there were 2,043 registered company insolvencies in England and Wales in June, 8% lower than in May 2025 (2,230) and 16% lower than in June 2024,…
The number of UK companies falling into insolvency dropped sharply in June, offering a moment of respite for businesses after months of economic turbulence. But experts have warned that the decline may be only temporary, with ongoing pressures threatening a renewed wave of financial distress later this year. According to the Insolvency Service, there were…
Boost for creditors as J Tomlinson nears liquidation TheBusinessDesk.com Read the original article here
M/s Shri Ram Switchgears Limited (“Corporate Debtor”) was admitted into Corporate Insolvency Resolution Process (“CIRP”) on 29.02.2024. The Adjudicating Authority granted an extension of the CIRP up to 24.05.2025. Before the expiry of the timeline on 24.05.2025, the Committee of Creditors (“CoC”) in its meeting held between 09.05.2025 and 14.05.2025, resolved with 96.94% vote share…
Aisha Iqbal BBC News, West Yorkshire political reporter Aisha Iqbal/BBC Beverley Callon says she lived in fear of bailiffs at her door – and wants more debt help services in communities When Beverley Callon moved from Dorset to Huddersfield with her young son after a family breakdown, she hoped for a fresh start. Instead, the…
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