Personal insolvency rate continues its rise. 31st July 2019. Individual insolvencies are at their highest quarterly level since 2010, with 30,936 people filing for bankruptcy, debt relief orders or individual voluntary arrangements, according to Insolvency Service data. The 2nd Quarter

More UK firms in ‘significant distress’ 31st July 2019. The number of UK businesses facing ‘significant distress’ has increased, according to a new poll, with 14% of all UK businesses, or 484,000, indicating they were experiencing significant distress at the

The Latest on some high profile CVAs. 24/7/2019. Bathstore On Monday it was reported that Bathstore were  in talks with home base. Homebase was reportedly close to buying bathroom chain Bathstore, which collapsed into administration last month. Talks over a

Coastal areas face insolvency shock. 23rd July 2019. Insolvency trade body R3 has warned that people living in coastal areas are more vulnerable to economic shocks that can trigger insolvency. Having analysed annual personal insolvency statistics from the Insolvency Service,

Lenders face £30m hit as Jack Wills seeks buyer. 23/07/2019. Lenders to British fashion chain Jack Wills could be left as much as £30m out of pocket if the company fails to find a buyer, according to new reports on