Business insolvencies fall by 1.7%

Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales fell by 1.7% in August 2025 to a total of 2,048 compared to July 2025’s total of 2,083, and increased by 5.9% compared to August 2024’s figure of 1,933. The insolvencies consisted of 281 compulsory liquidations, 1,578…

Laure Ferrari’s Company Liquidated Amid Financial Irregularities

Laure Ferrari’s company, Baxter Laois Limited, recently faced liquidation amidst allegations of financial irregularities. This development follows the company’s striking off from the Companies House, carrying debts estimated at £11,000. Adding layers to the situation, Ferrari is reportedly under scrutiny for a fraud investigation related to the Institute for Direct Democracy in Europe (IDDE), a…

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Great Wrap in Voluntary Administration

AUSTRALIA | Sustainable packaging company Great Wrap has entered voluntary administration following years of financial losses and a failure to achieve commercial scale. The Melbourne-based manufacturer was best known for its compostable cling film and pallet wrap, made from plant and food-waste materials as an alternative to conventional plastics. Founded in 2019 by Jordy and…