Insolvency and restructuring trade body R3 has also released new data on business start-ups in Wales Chair of R3 in Wales Bethan Evans. Business failures have risen in Wales according to insolvency and restructuring trade body R3. Insolvency-related activity, which includes administrations and creditors’ meetings as well as voluntary and compulsory liquidations, rose from 844…
Native Instruments CEO Nick Williams has made a statement following news that the music tech company entered preliminary insolvency proceedings last week. In his first public comment since the news landed, Williams insisted in a blog post that it’s “business as usual” for the company, with both hardware and software products remaining “on sale and…
3 February 2026 – Wits University Wits has opened the 2026 academic year with extended registration and added financial support for qualifying students. Registrations To date, 37 207 students have registered – this includes about 6 000 first year students and 11 484 postgraduate students – postgraduate intakes continue throughout…
Dave Broadbent, chair of R3 in Yorkshire Yorkshire was among the regions to have seen levels of corporate insolvency activity fall in 2025, according to a new report from R3, the trade body for restructuring, turnaround and insolvency professionals. The figures show insolvency activity, which includes administration and voluntary and compulsory liquidations, decreasing by 9.9%…
Featured brands include Kenworth, Volvo, Maxitrans, Vawdrey and more. Image: Pickles More than 80 assets, including prime movers and a mixture of curtain-sider and refrigerated trailer units will be going under the hammer this week following another transport company’s closure. The auction comes after All Road Transport was placed into liquidation on November 26, 2025,…
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Arthur Bus GmbH was founded in Munich in spring 2021 with the aim of marketing hydrogen buses and eventually evolving into a ‘system manufacturer for mobility solutions.’ The plan was to launch production in Lublin, Poland, primarily using German capital. As early as spring 2022, Arthur Bus and its hydrogen bus, the ‘Arthur H2 Zero,’…
The figures show insolvency activity, which includes administration and voluntary and compulsory liquidations, decreasing by 9.9% across Yorkshire and the Humber in 2025. The fall was the second highest in the UK, with only Greater London, with an 11% drop, seeing a bigger reduction. Areas seeing a hike in insolvency activity included Northern Ireland and…
Lidar manufacturer Luminar Technologies is being dismantled, the company liquidated. This is the result of the US company’s insolvency proceedings. Luminar owes over half a billion dollars, significantly influenced by a failed cooperation with the Chinese car manufacturer Volvo. Only a fraction of the debts will be recovered. At the last minute, creditors could hope…
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