March 2025 had 1,992 registered company insolvencies in England and Wales, which was 9% more than the same month the year before (1,826 in March 2024) but 2% fewer than February 2025 (2,032). Though they have remained high in comparison to historical levels, company insolvencies over the last 12 months have been marginally lower…
Report reveals details of 48-strong construction firm administration – all staff made redundant Insider Media Ltd Read the original article here
Latest figures from the Insolvency Service have shown that the number of registered business insolvencies in England and Wales decreased by 2.9% in March 2025 to a total of 1,992 when compared to February 2025’s total. Business insolvencies increased by 9.1% when compared to March 2024’s figure of 1,826 than the same month in the…
Contingency Planning, Bankruptcy, Insolvency Services EY Read the original article here
Issue in Aussie surf brand collapse The Australian Read the original article here
Latest monthly statistics from the Insolvency Service show that in March 2025, personal insolvencies declined while business insolvencies increased in Northern Ireland. The data showed that there were 134 personal insolvencies in, which was 9% higher than in March 2024. The insolvencies consisted of/ 102 IVAs, 18 bankruptcies and 14 DROs. Business insolvency data shows that…
Cyclone Trump is unsettling the world’s economic weather. Recession clouds are darkening. Insolvencies have already increased by 25 per cent since the pandemic. Australian companies will increasingly be buffeted and restructuring laws will be needed more often. Right now, those laws too often favour putting viable businesses under. It’s time to adjust them so that…
JSW Steel Coated Products Limited (JSWSCPL), a wholly-owned subsidiary of JSW Steel, has received a letter of intent from the resolution professional of Colour Roof (India) Limited, indicating its successful bid in the corporate insolvency resolution process (CIRP). The committee of creditors approved JSWSCPL’s resolution plan, declaring the company the successful resolution applicant. The completion…
A businessman accused of being the “architect” of the demise of Fortress Capital Partners, an alleged Ponzi scheme, has been linked to an insolvency proposal to take control of the business. Fortress, whose investors included celebrities and members of a south London church, promoted returns of up to 18 per cent a year before collapsing…
A Total Of 5,272 Youths Declared Bankrupt Since 2020 bernama Read the original article here