Latest figures from the Accountant in Bankruptcy (AiB) show there were 1,272 corporate insolvencies registered in Scotland in 2025, marginally up from 1,236 in 2024 and 1,234 in 2023. Compulsory liquidations were 13% higher than in 2024, and 23% higher than in 2023. In December 2025, there were 111 company insolvencies registered in Scotland, 35% higher…
The company was inspired by the the story of William Slingsby, who is said to have discovered the “unique properties” of natural spring water in Harrogate in 1571. Entrepreneurs Marcus Black and Mike Carthy founded the firm to “celebrate the spa town heritage”, according to the company’s website. Their Slingsby Gin products use water drawn…
OpenAI’s ChatGPT might be undergoing a drastic change that could leave many users unhappy. The world’s most popular AI chatbot boasts over 800 million weekly users, primarily young adults who use it for learning, work, and productivity. However, the company has faced scrutiny over the past year for inadequate safeguards for younger audiences, leading to…
Businesses owners warned to stay vigilant as corporate insolvency levels remain high wigantoday.net Read the original article here
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Latest data from the Insolvency Service for England & Wales has shown that business insolvencies increased by 0.2% in 2025 when compared to 2024, rising to 23,938 from 23,880 The 2025 insolvencies comprisied of 18,525 creditors’ voluntary liquidations (CVLs), 3,730 compulsory liquidations, 1,495 administrations, 186 company voluntary arrangements (CVAs) and two receivership appointments. In 2025,…
Austrian energy company Heizma is integrating several hundred photovoltaic systems as well as ongoing projects from insolvent Dutch provider Soly into its platform. The acquisition includes full support for Austrian customers and strengthens Heizma’s position in the field of decentralized energy solutions. The Vienna-based scale-up is positioning itself as a stability anchor in a market…
Latest figures from the Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland increased by 35% in December 2025. The figures showed that there were 111 company insolvencies registered. The insolvencies were comprised of 69 CVLs, 35 compulsory liquidations and seven administrations.There were no CVAs or receivership appointments. The overall 2025 Scottish business insolvency figures…
The collapse of New York department store giant Saks has left some of Australia’s biggest fashion labels from Camilla to Aje millions of dollars out of pocket and underlined the challenges facing local retailers Myer and David Jones as they try to turn around their businesses. The decision by Saks Global – the parent company…