Several major British businesses have collapsed into administration this week as they buckle under a mounting wave of rising costs. Throughout this year, high street staples have fallen into administration, including well-loved fashion retailers and accessories chains.
1,631 UK businesses filed for administration in 2025, according to the law firm Shakespeare Martineau. Yet further names have now been added to this year’s growing list. Among those entering administration are a long-established mattress manufacturer, a juice brand and a construction firm.
Airsprung
Mattress and bed manufacturer Airsprung made 71 people redundant after 150 years in business. Administrators from PwC stated that directors had “no choice” but to place the…