Official data from the Insolvency Service showed there were 2,081 company insolvencies in July, edging up by 1% compared with June. The number of compulsory liquidations was slightly higher than in June and up 11% compared with the same month in 2024. Compulsory liquidations happen when a company is forced to close when it cannot…
Official data from the Insolvency Service showed there were 2,081 company insolvencies in July, edging up by 1% compared with June. The number of compulsory liquidations was slightly higher than in June and up 11% compared with the same month in 2024. Compulsory liquidations happen when a company is forced to close when it cannot…
Official data from the Insolvency Service showed there were 2,081 company insolvencies in July, edging up by 1% compared with June. The number of compulsory liquidations was slightly higher than in June and up 11% compared with the same month in 2024. Compulsory liquidations happen when a company is forced to close when it cannot…
The number of companies going bust across England and Wales remained elevated last month, new data shows, as pressures intensify for firms grappling with higher costs. Official data from the Insolvency Service showed there were 2,081 company insolvencies in July, edging up by 1% compared with June. The number of compulsory liquidations was slightly higher…
Argentex LLP (“Argentex”), a high-profile foreign exchange (“FX”) provider, recently entered special administration under the Payment and Electronic Money Institution Insolvency Regulations 2021 (“PEMIIR”) following well-publicised liquidity issues caused by recent fluctuations in global currency markets. Trading in Argentex was abruptly suspended on 17 July 2025, effectively freezing the company’s ability to take on new…
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails The number of companies going bust across England and Wales remained elevated last month, new data shows, as pressures intensify…
The level of firms facing insolvency have remained elevated since reaching a 30-year annual high in 2023 (Joe Giddens/PA) – (PA Wire) The number of companies going bust across England and Wales remained elevated last month, new data shows, as pressures intensify for firms grappling with higher costs. Official data from the Insolvency Service showed…
The number of company insolvencies in Scotland saw a slight decrease in July 2025, with 116 firms failing compared to the same month in the previous year. The total was comprised of 68 creditors’ voluntary liquidations (CVLs), 43 compulsory liquidations, four administrations, and one company voluntary arrangement (CVA). The overall insolvency rate for the 12…
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The latest government figures of company insolvencies show the construction sector constitutes the highest number of insolvencies over the last twelve months In July 2025, the number of registered company insolvencies in England and Wales was 2,081, similar to both June 2025 (2,053) and July 2024 (2,078). The construction industry experienced the highest number of…