4 UK travel firms have plunged into administration or ceased trading in 2026 (Image: Getty) Four travel firms have ceased trading in 2026 and cancelled all bookings. With jet fuel prices soaring following the Iran crisis and international travel hit with uncertainty thanks to travel warnings, there could yet be more companies pushed to breaking…
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Major UK motorsport company plunges into liquidation – in business since 2021 MSN Read the original article here
Three airlines have gone out of business in 2026 so far (Image: Getty) Three airlines have crashed into administration or liquidation in 2026 so far, with every single flight cancelled. UK based EcoJet was launched in 2023, promising to be the world’s first electric airline. Its fleet was made up of planes retrofitted with hydrogen…
A motorsport company has fallen into liquidation just before the new racing season after losing vital funding. MJ Motorsport Limited, which was founded in 2021, has stopped trading and entered voluntary liquidation, according to a report by The Herald. Companies House records show the business was set up by Michael Johnston, who was listed as…
A Spirit Airlines representative on Friday dismissed reports that the company may be at risk of imminent liquidation as “market rumors and speculation.” Bloomberg reported Wednesday that Spirit Aviation Holdings Inc. could be at risk of liquidation as jet fuel prices rise following the U.S. war with Iran. The outlet said the information came from…
Quiver Delivery, based in London, launched back in 2021 with the aim of becoming “the physical connection between brands and their customers”. The company offered immediate, same-day, or next-day delivery to 86% of homes in London and was completely emissionless, using only human or electricity-powered vehicles. These included bicycles, e-bikes, e-cargo bikes, e-mopeds, e-cars, and…
Spirit Airlines Close to Liquidation, According to Reports Business Traveller Read the original article here
Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales increased by 7.4% in February 2026 when compared to the previous month. The data showed that there were 1,878 business insolvencies. The figures was 7% lower than the same month in the previous year (2,015 in February…
Financial adviser HDH Investment Services Limited (HDH) has entered Creditors’ Voluntary Liquidation three months after the FCA intervened over concerns the company may have given unsuitable advice to some clients potentially resulting in financial loss. Dina Devalia and Tom Parish of Quantuma Advisory Limited were appointed as joint liquidators on 16 April. On 20 January,…