The Insolvency Service said company administrations rose 30% year-on-year in February to 146, maintaining high levels seen in January when 152 firms called in administrators. Overall, company insolvencies across the board were 7% higher when compared with January, at 1,878, but were 7% lower on an annual basis. Experts said the cost shock being caused…
The Insolvency Service said company administrations rose 30% year-on-year in February to 146, maintaining high levels seen in January when 152 firms called in administrators. Overall, company insolvencies across the board were 7% higher when compared with January, at 1,878, but were 7% lower on an annual basis. Experts said the cost shock being caused…
Customers walk past a Wilko store closing down in Brownhills near Walsall (Joe Giddens/PA) (PA) The number of companies collapsing into administration jumped by nearly a third last month, official figures have shown, as fears mount that cost pressures from the Iran war could push more firms to the brink. The Insolvency Service said company…
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 collapsing into administration jumped by nearly a third last…
Customers walk past a Wilko store closing down in Brownhills near Walsall (Joe Giddens/PA) The number of companies collapsing into administration jumped by nearly a third last month, official figures have shown, as fears mount that cost pressures from the Iran war could push more firms to the brink. The Insolvency Service said company administrations…
Surrey business adviser banned as company director for second time after running up £120,000 tax debts Director ignored lessons of first disqualification and ran up fresh six-figure liability through new consultancy firmFrom:The Insolvency ServicePublished17 March 2026 Richard Beal has been disqualified as a company director for five years after his management consultancy Larter Beal Limited…
Record high number of people turned to debt relief orders in February London Evening Standard Read the original article here
Ohio bill would help curb medical debt bankruptcies WTRF Read the original article here
Credit Awareness Week returns in 2026, continuing its mission to champion financial inclusion, improve consumer understanding of credit, and bring together the organisations shaping the future of financial services. In partnership with Experian, the initiative has become a key moment in the industry calendar, uniting lenders, policymakers, regulators and technology innovators to address the…
Scottish company insolvencies fell by 5% year-on-year in February 2026 compared with the same month the previous year, with 98 insolvencies registered in total. The figure comprised 50 creditors’ voluntary liquidations (CVLs), 39 compulsory liquidations, six administrations, two receivership appointments and one company voluntary arrangement (CVA). Michelle Elliot, restructuring advisory partner at FRP in Glasgow,…