Company insolvency statistics released earlier this month show accommodation and food services insolvencies jumped 22% month-on-month from 222 in January 2026 to 270 in February 2026, but were flat compared to the same month in 2025 (272).
Saxon Moseley, partner and head of leisure and hospitality at leading audit, tax and consulting firm RSM UK, said: “Hospitality insolvencies are back on the rise, which is unsurprising given the burdensome tax regime faced by operators combined with subdued consumer demand, making it increasingly challenging to stay afloat. While bigger operators tend to be better insulated due to having stronger balance sheets and economies of scale to fall back on, it’s the smaller, independent businesses…