Updates on Headline Insolvencies 19/02/19. Six people face arrest over Patisserie Valerie fraud A report by PwC into the collapse at Patisserie Valerie highlights six individuals alleged to have signed fraudulent cheques and sent emails discussing fabricating invoices. One person

Online-only retailers crashing too. 13th February 2019. A total of 246 online-only retail businesses became insolvent in 2018! That represents a 19% increase on the previous year, 2017 and more than double the 120 that failed in 2010. The high

Oddbins enters administration 4th February 2019 Oddbins enters administration Last week we reported Oddbins was on the brink, now it has gone. The owners of UK wine chain Oddbins have called in administrators to handle the firm’s retail operation until a buyer

Number of businesses in critical distress soars. 4th February 2019. More critically distressed UK businesses The number of British businesses in critical distress leapt up by 25% in the last quarter of 2018 according to new data from Red Flag

Scottish business insolvencies up 21% 29/1/19. Yesterday we briefly commented on this but given its seriousness we wanted to write further. Analysts estimate that as many as 20 Scottish businesses will fold every week in 2019, as new statistics show