Heat rises for the Chancellor as insolvencies continue – London Business News

Stats released today by The Insolvency Service unveiled a 1% upturn in company insolvencies in July compared to the month before. Construction, wholesale, retail, accommodation and Food Service topping the table of struggling industries who are responsible for 47% of all company insolvencies. In 2024, there were 23,872 registered company insolvencies comprising 18,840 creditors’ voluntary…

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Mortgage Lender goes Bankrupt. What now?

Banks going bust has been a major source of anxiety for many people at many points in time. It was a large piece of the Global Financial Crisis (GFC) puzzle and sparked stock market carnage in 2023, when Silicon Valley Bank’s collapse hit headlines.  But while depositors and shareholders face one set of risks when…

Katie Price’s ex Alex Reid shares video of the bankrupt star counting cash as he vows to ‘expose the truth’ about her – just days after Peter Andre accused her of ‘peddling baseless lies’

Katie Price‘s ex Alex Reid has leaked a bombshell video of the bankrupt star appearing to count wads of cash. The former cage fighter, 50, told his Instagram followers he’s ‘exposing the truth’ about the glamour model, just days after Peter Andre accused her of ‘peddling baseless lies.’ Katie was declared bankrupt twice in 2019…

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