Insolvencies jump as Rachel Reeves' labour costs hike hits businesses – This is Money
Insolvencies jump as Rachel Reeves’ labour costs hike hits businesses This is Money Read the original article here
Personal insolvencies 5% higher in May than same month of 2024, figures show
Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth The number of people going financially insolvent across England and Wales in May…
Hospitality insolvencies down, but more to come following downturn in trade – London Business News
Today’s company insolvency statistics show accommodation and food services insolvencies were down 12% year-on-year from 313 (April 2024) to 275 (April 2025), and fell 2.5% month-on-month. Insolvencies in the sector also decreased 12% from 3,824 in the 12 months to April 2024 to 3,369 in the 12 months to April 2025. April was a strong…
Company insolvencies jump 8% after cost increases – MSN
Company insolvencies jump 8% after cost increases MSN Read the original article here
Company insolvencies jump due to the Chancellors tax increases – London Business News
Official data from the Insolvency Service shows an 8% increase in companies going bust as they were hit by the Chancellor’s tax rises in April. In May across England and Wales there was 2,238 company insolvencies which is an 8% rise compared to April and 15% higher compared to the same period in 2024. There…
Company insolvencies jump 8% after cost increases
Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth The number of companies going bust across the UK increased last month after…
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Monthly Insolvency Statistics: May 2025
Looking at the graph below it is pretty obvious that insolvencies are on the way up, albiet from a low base. Creditors voluntary liquidations are up quite significantly with 200+ more this month than last. Other insolvencies are low but recent analysis of June’s winding up petitions show that the levels are consistent with…
Company insolvencies jump 8% after cost increases
The number of companies going bust across the UK increased last month after firms swallowed increased costs, according to figures. Official data from the Insolvency Service showed there were 2,238 company insolvencies in England and Wales in May. This was 8% jump compared with April, and 15% higher than the same month last year. The…
Personal insolvencies 5% higher in May than same month of 2024, figures show
The number of people going financially insolvent across England and Wales in May was 5% higher than the same month in 2024, according to Insolvency Service figures. In May 2025, 10,014 people entered insolvency, including bankruptcies, debt relief orders (DROs) and individual voluntary arrangements (IVAs), a total which was broadly unchanged compared with 10,060 insolvencies…