Winding up order made for Twisted Bars (Ilkley) Ltd

Twisted Bars (Ilkley) Ltd runs The Ticket Office, a stylish venue in the Victorian train station specialising in high-end cocktails, craft ales, and wines and The Yard at the rear of Brook Street, a bar and kitchen featuring an orangery, live music, DJ sets, and a south-facing terrace. The Yard, Ilkley (Image: submitted) Founded by…

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German Corporate Insolvencies Hit Highest Level Since 2014

German Corporate Insolvencies Surge to Decade-High Amid Economic Headwinds Rising Bankruptcy Rates and Economic Challenges in Germany Corporate Insolvency Statistics Reach Decade High BERLIN, March 13 (Reuters) – The total number of corporate bankruptcies in Germany rose to its highest level in more than a decade last year, according to data published by the federal…

“A bankruptcy every 20 minutes” What’s really behind the shocking new figures

Why is it hitting the middle class particularly hard? Micro-enterprises with up to ten employees account for the largest share of insolvencies. In this segment, around 19,500 companies filed for insolvency, representing 81.6 percent of all cases. Small and medium-sized enterprises (SMEs) have fewer financial reserves to weather prolonged periods of hardship. The combination of…