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…
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…
Scottish corporate insolvency figures fall again in July insider.co.uk Read the original article here
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