Furniture shop Sichel on Wednesday announced it is closing its shops in Rue Simon Bolivar in Esch-sur-Alzette and the Bourmicht business park in Bertrange after filing for bankruptcy. According to Sichel’s social networking site, “the challenges we have faced in recent years have had a considerable impact on our business.” As a result, “despite all…
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Bertucci’s filed for Chapter 11 bankruptcy protection this week for the third time since 2018, court records show. The chain closed seven of its 22 stores before the filing, leaving it with 15 operating units,…
Company insolvencies jump in March ahead of cost increases and tariffs London Evening Standard Read the original article here
In March 2025, there were 118 company insolvencies registered in Scotland, 3% higher than the number in March 2024. The total number of company insolvencies was comprised of 55 CVLs, 57 compulsory liquidations and six administrations. There were no CVAs or receivership appointments. The total insolvency rate in Scotland in the 12 months to March…
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 Nearly one-tenth more companies went insolvent in England and Wales in March than…
Company insolvencies jump in March ahead of cost increases and tariffs MSN Read the original article here
Company insolvencies jump in March ahead of cost increases and tariffs MSN Read the original article here
More companies went insolvent last month than in the same point in 2024 (Joe Giddens/PA) Nearly one-tenth more companies went insolvent in England and Wales in March than the same time last year, according to new figures. The number of registered firms that went bust was 1,992 last month, according to the Insolvency Service, a…
A notice on behalf of HMRC confirmed that two more companies with Neville Taylor as the sole director, and a correspondence address at Dunnock Road in the city, are heading for liquidation. In January the 58-year-old was banned from being a company director for nine years after he admitted being a key player in a…
The figures relate to the period directly before firms faced higher employment costs, with company national insurance contributions rising in April. Nearly one-tenth more companies went insolvent in England and Wales in March than the same time last year, according to new figures. The number of registered firms that went bust was 1,992 last month,…