January 12, 2021
Uncategorized
August 5, 2020
75% of UK hospitality firms at risk of insolvency
As reported by Eater London, the recent survey, conducted by UK Hospitality and on-trade data analyst CGA, found that over 75% of restaurants, pubs and bars in the UK fear not being able to pay their bills over the next
October 15, 2019
Retail Insolvency Risk Reduced
According to new research undertaken by insolvency and restructuring trade body R3, the proportion of North East retail businesses facing a raised risk of insolvency in the next year has fallen. R3's research found that
September 24, 2019
FRC considers investigations into Thomas Cook collapse
"In light of recent developments at Thomas Cook we are considering whether there is any case for investigation and enforcement action as a matter of urgency and in cooperation with the Insolvency Service," an FRC spokesper
June 19, 2019
Fewer Transport Businesses at Risk of Insolvency
The number of transport businesses in Yorkshire that experienced an elevated risk of insolvency fell in May, according to trade body R3. The proportion of transport companies in the region deemed to be at higher than av
May 3, 2019
Business insolvencies on the rise
The number of businesses that became insolvent in the first three months of 2019 rose by 6.3% compared to the previous quarter. The labour intensive construction, administration and retail sectors, are all struggling wi
March 19, 2019
Fall in the risk of business failure in Yorkshire
There has been a month-on-month fall in the proportion of Yorkshire businesses at greater than average risk of insolvency, according to research by R3. The insolvency and restructuring trade body surveyed 11 sectors in
September 18, 2018
The impact of Brexit ‘no deal’ on UK insolvency framework
In a technical note issued on the subject of civil legal cases, the government states that the bulk of the current shared insolvency regulation will be repealed, but that the EU rules ‘that provide for the UK courts to h
August 23, 2018
30% fall in travel agency insolvencies
The number of travel agency and tour operators going insolvent has fallen by 30% in the last five years as the impact of the internet slows. Travel agencies are now benefiting from British people taking more holidays th
July 25, 2017