Belgian Gerry Weber branch bankrupt as well

© r.classen / Shutterstock.com A month after its German parent company went bankrupt, the Belgian Gerry Weber is closing its 24 stores as well. This did not come as a surprise: just like its German counterpart, the Dutch branch had already been declared bankrupt as well. Long-term problems After several of its German companies went bankrupt…

Monthly Insolvency Statistics: March 2025

​ March 2025 had 1,992 registered company insolvencies in England and Wales, which was 9% more than the same month the year before (1,826 in March 2024) but 2% fewer than February 2025 (2,032). Though they have remained high in comparison to historical levels, company insolvencies over the last 12 months have been marginally lower…

Business insolvencies fall by 2%

Latest figures from the Insolvency Service have shown that the number of registered business insolvencies in England and Wales decreased by 2.9% in March 2025 to a total of 1,992 when compared to February 2025’s total. Business insolvencies increased by 9.1% when compared to March 2024’s figure of 1,826  than the same month in the…