Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales fell to 1,868 in May 2026, 10% lower than in April 2026 (2,087), and 16% lower than the same month in the previous year (2,231 in May 2025). The insolvencies consisted of 285 compulsory liquidations, 1,423 creditors’ voluntary…
Representational image. Credit: Canva The National Company Law Tribunal (NCLT), Kolkata Bench, has admitted an insolvency petition against renewable energy company Vikram Solar Limited and ordered the commencement of the Corporate Insolvency Resolution Process (CIRP). The order was pronounced on June 12, 2026, following a petition filed by operational creditor Isitva Steels Private Limited under…
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Harj says his nightmare all began when he won £60 – and he became ‘trapped’ Harj Gahley with his wife, Sujaan, and their children(Image: Jam Press/Breakeven) A dad who racked up £250,000 in debt has issued a warning over ‘harmless’ World Cup office sweepstakes. Harj Gahley saw his life fall apart as he built up…
Latest monthly statistics from the Insolvency Service have shown that personal insolvencies fell whilst business insolvencies increased in Northern Ireland in May 2026. The data showed that there were 140 personal insolvencies; this was 37% higher than in May 2025. There were 99 IVAs, 20 bankruptcies and 21 DROs. There were 30 business insolvencies, 43% lower…
Scottish business insolvencies fall by 25% Credit Connect Read the original article here
Gary White has been removed as a director of Norwich-based Aston Shaw accountants after five years in the role, according to Companies House filings published this month. Mr White was also the sole director of a company called Hartley White Ltd, which entered liquidation in March owing almost £750,000 to HMRC. Gary White (Image: Supplied)…
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The number of company insolvencies registered in Scotland fell by a quarter in May compared with the same month last year, according to the latest figures published by the Insolvency Service. A total of 100 company insolvencies were registered in Scotland in May 2026, down 25 per cent from May 2025. The figures show that…