UK company insolvencies jump 17% in October
Company insolvencies in England and Wales surged by 17% in October 2025, with experts warning of a 'steady stream' of business failures ahead. Discover the reasons behind the spike.
Category : Search result: UK insolvency
Leaked footage exposes Western United chief's financial claims
Explosive leaked video reveals Western United chairman Jason Sourasis promising investors massive returns while the A-League club teeters on brink of collapse amid embezzlement allegations involving Collingwood AFL captain Scott Pendlebury.
Personal insolvencies surge 21% across England and Wales
New government figures reveal a worrying 21% increase in personal insolvencies across England and Wales, with thousands more facing financial collapse amid the ongoing cost-of-living crisis.
Coronation Street star bankrupt again over tax bill
Former Coronation Street actor forced into bankruptcy for second time after failing to settle substantial tax debt with HMRC, court documents reveal.
Liverpool legend John Barnes declared bankrupt
Former England and Liverpool football star John Barnes has been declared bankrupt after his media company accumulated staggering debts of over £1.5 million, court documents reveal.
Wales Tops UK Insolvency Chart as Personal Debt Crisis Bites
Exclusive analysis reveals a personal debt crisis gripping Britain, with Wales recording the highest rate of insolvency procedures in England and Wales. Discover the regional hotspots and the alarming 15% annual surge in IVAs.
Personal Insolvencies Surge 23% in England & Wales
New government data reveals a sharp 23% rise in personal insolvencies across England and Wales. Individual Voluntary Arrangements (IVAs) are the primary driver, highlighting a growing debt crisis.
Perth Property Giant Collapses Owing Millions
Perth-based construction firm Tingey Development Group has entered administration, collapsing with massive debts. The shock failure leaves a trail of creditors and unfinished projects across the city.
Queensland trucking company collapses after 23 years
A major Queensland transport company with a 23-year history has entered liquidation, collapsing with massive debts and leaving dozens of employees without jobs in a severe blow to the region's freight industry.
Vashi Dominguez's Jewellery Retailer Collapses into Administration
Exclusive: Vashi Dominguez's high-end jewellery venture, once a glittering success, collapses into administration. Discover the full story behind the downfall of the luxury brand that promised to revolutionise bespoke gems, leaving creditors owed millions
John Barnes settles tax debt, exits bankruptcy
England and Liverpool icon John Barnes has finalised a significant payment to HM Revenue & Customs, officially concluding his bankruptcy proceedings after a three-year financial ordeal.
Fourth Italian Restaurant Chain Collapses in 2025 Crisis
Another major Italian restaurant chain has fallen into administration, marking the fourth such collapse in 2025. The crisis threatens jobs and highlights severe pressures facing UK's hospitality sector from rising costs and changing consumer habits.
River Island Supplier Collapses, 70 Jobs at Risk
Major fashion supplier to River Island, SRS Industries, enters administration, threatening 70 jobs at its Welsh facility. The insolvency experts from Leonard Curtis are now at the helm.
WAG retail chain files for bankruptcy in California
WAG, a California-based retail company, has filed for Chapter 11 bankruptcy, citing financial difficulties. The move aims to restructure debts while keeping stores operational.
UK business distress hits 20-year high amid tax hikes
A record number of UK companies are facing financial distress as rising taxes and economic pressures push firms to the edge, warns Begbies Traynor.
Nvidia restarts AI chip sales to China amid trade tensions
Nvidia has restarted shipments of its H20 AI chips to China, despite ongoing US trade restrictions. Meanwhile, Japan warns of potential UK tariffs, and insolvency rates rise. Here’s the latest.
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