Today’s company insolvency statistics show accommodation and food services insolvencies rose again, this time by 5% (up on the 4% rise last month) from 306 in June 2025 to 327 in July 2025, equalling the highest monthly figure since November 2024. Year-on-year insolvencies were also up from 323 in July 2024. It also represented the…
Scottish company insolvencies fell by 7% in August 2025 compared to the same month last year, with a total of 95 businesses collapsing. The figure was comprised of 47 creditors’ voluntary liquidations (CVLs), 43 compulsory liquidations, and five administrations. The overall insolvency rate for the 12 months to August 2025 also saw a slight improvement,…
Thousands of people were declared bankrupt or chose debt relief orders and individual voluntary arrangements Thousands of people have entered arrangements after running out of money A record number of people turned to debt relief orders (DROs) in August to ease their financial struggles, Insolvency Service figures show. In total, the number of people going…
Thousands of people were declared bankrupt or chose debt relief orders and individual voluntary arrangements Neil Shaw Assistant Editor 10:37, 19 Sep 2025 Thousands of people have entered arrangements after running out of money A record number of people turned to debt relief orders (DROs) in August to ease their financial struggles, Insolvency Service figures…
Record number of people took out debt relief orders in August AOL.co.uk Read the original article here
TGIF 19 September 2025 – Peas of mind: Court of Appeal gives green light to director loan repayments Corrs Chambers Westgarth Read the original article here
The Bankruptcy Act: Reforming Insolvency or Reinforcing Bureaucracy! Moneylife Read the original article here
Prague City University (PCU) has declared bankruptcy, leaving hundreds of international students unable to complete their degrees and raising questions about oversight of private English-language institutions in the Czech capital. PCU’s financial and legal turmoil Prague City University (PCU), affiliated with Britain’s Teesside University, has shut down after months of financial and operational problems. Students,…
Pound falls and bond yields rise after UK borrowing soars This morning’s UK public finances are going down badly in the City. The pound has dropped by half a cent this morning, to $1.35. That puts sterling on track for its third daily fall in a row, as it drops back from Tuesday’s two-month high.…
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