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News Reviews Insolvency: Weekly summary of the involvency news

Week 18 Review

Administrators announce permanent closure of Oasis & Warehouse. Airline industry are cutting 1000s jobs as they see a long road back to […]

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Week 8 Review

Historic carpet maker, Axminster falls into administration with a loss of 80 jobs, however retail sales rebound in January, helped by strong demand for […]

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Week 10 Review

Airline Flybe collapses into Administration, partly blaming coronavirus outbreak and will the Chancellor tighten up the rules on Entreprene […]

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Week 5 Review

Total number of personal insolvencies are at the highest annual level since 2010 and company insolvencies are on the rise too […]

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Week 5 Review

Total number of personal insolvencies are at the highest annual level since 2010 and company insolvencies are on the rise too […]

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Week 1 Review

2020 starts with UK unemployment remaining at a 45-year low and Hotel Chocolat boss Angus Thirlwell, calling for rent cuts to stop […]

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Week 50 Review

Jamie Oliver's Fifteen Cornwall restaurant closes with immediate effect putting up to 100 jobs at risk and Supercuts bought out of Administration in […]

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Week 49 Review

UK manufacturing continues to decline as factories laying off workers at the fastest rate in seven years and Eddie Stobart avoids administration […]

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Week 48 Review

This week: Npower and Tata Steel have made announcements this week, that they plan to cut 4,500 and 1,000 jobs respectively as part of wider restr […]

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Week 46 Review

Carpetright's largest shareholder to take the company in to private ownership and Clintons cards plan to close 20% of its stores in survival bid. […]

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Week 45 Review

Mothercare has gone into administration with all 79 stores to close and rival Mamas and Papas to close stores and cut jobs as the company is sold […]

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Week 44 Review

Insolvency Statistics 2019/Q3 - Total individual insolvencies remain high with an increase in IVA's recorded and retail business insolvencies have hit a […]

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Week 43 Review

Hairdressing chain supercuts enters Administration putting up to 1,200 jobs at risk and payday lender Quickquid quits the UK market over mis-sold loans […]

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Week 42 Review

Women's fashion retailer Bonmarche call in the administrators and Dragons Den star Peter Jones, planning to use a CVA to reduce costs to help secure the […]

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Week 41 Review

Luxury jeweller Links of London goes into administration putting 350 jobs at risk and Pizza Express hire advisers to help with its mountain of debt […]

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Week 40 Review

Prezzo's Company Voluntary Arrangement (CVA) appears to be bearing fruit as operating losses are halved to £20.7m for 2018 and John Lewis Partnership […]

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Week 39 Review

Builder of the London Routemaster bus, Wrightbus goes into Administration resulting in 1,200 job losses and Thomas Cook forced into compulsory liquidation […]

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Week 38 Review

Thomas Cook has only hours to raise £200m in order to avoid falling into Administration and High Court rejects legal challenge against Debenhams' CVA […]

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Week 37 Review

John Lewis posts a £25.9m loss for the first half of the year citing ongoing concerns over Brexit as major factor and one of the UK's largest […]

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Week 36 Review

Further woes for the high street restaurant trade as Restaurant group considering more than 150 closures and Arcadia report huge loses for year ending […]

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Week 34 Review

Morrisons confirm that four stores are to close with the loss of up to 400 jobs & Harland and Wolff administrators confirm they have received several […]

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Week 33 Review

Turkish military fund reaches a provisional deal to buy British Steel and survey reveals that UK high street vacancy rate is at its highest for four years […]

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Week 32 Review

Tesco announce 4,500 job cuts at their Metro stores & Latest GDP figures estimate that the UK economy has contracted for the first time in seven years. […]

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Week 31 Review

Latest statistics from The Insolvency Service reveal that number of personal bankruptcies at highest level since Q4 2014 and company insolvencies remain […]

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Week 30 Review

Mothercare in talks to offload stores as sales continue to drop and average Household incomes hit record high, thanks to rising pay and lower taxes […]

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Week 29 Review

Homebase could be buying bathstore out of Administration and Government borrowing increases in June as new PM prepares to take over […]

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Week 28 Review

Superdry predicting tough times ahead as it reports a £85.4m loss and Thomas Cook in £750m rescue deal talks with its largest shareholder. […]

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Week 27 Review

William Hill have announced that they are planning to close 700 shops putting 4,500 jobs at risk and Britain's oldest building firm, R Durtnell and Sons ceases trading […]

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Week 26 Review

Boots confirm that they plan to close 200 stores over the next 2 years and bidding deadline for British Steel nears with interest said to be limited […]

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Week 25 Review

UK public sector deficit widens to £5.1bn in May and Bathstore, the UK's largest bathroom retailer, is on the brink of going into Administration […]

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Week 24 Review

Arcadia's CVAs finally get backing, Monsoon creditors seeking equity in return for supporting rescue and Mike Ashley challenges Debenhams' CVA. […]

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Week 23 Review

Ford to close Bridgend engine plant with 1,700 jobs lost, Aviva cutting costs with 1,800 roles to go and Arcadia's future in the balance as landlords oppose CVA […]

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Week 22 Review

UK car production is down by almost half in April and Monsoon is considering a Company Voluntary Arrangement (CVA) in order to try to force through large rent reductions […]

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Week 21 Review

British Steel has been placed into compulsory liquidation putting 5,000 jobs at risk and Jamie's restaurant chain enters Administration with the majority of sites to close […]

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Week 20 Review

The owners of Cotswold Outdoor have announced that its CVA has been approved by its creditors and the number UK companies going into administration has hit a […]

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Week 19 Review

UK economy rebounds to grow 0.5% in first quarter, however Personal insolvencies up 16% year-on-year. Fashion chain Select falls into administration. […]

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Week 17 Review

Latest ONS statistics show Government borrowing falls to the lowest level for 17 years and Debenhams announce the first 22 store closures with up to 1,200 staff to be affected […]

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Week 15 Review

Debenhams enters pre-pack administration, LK Bennett bought out of administration by the company's Chinese franchisee and are Arcadia lining up a CVA? […]

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Week 14 Review

UK productivity continues to flat line, Boots warn of store closures as their sales fall and Pretty Green are bought out of Administration by JD Sports […]

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Week 12 Review

UK unemployment falls to 44-year low despite Brexit fears and Giraffe and Ed's Easy Diner restaurant closures are approved by creditors for CVA […]

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Week 11 Review

Outsourcing sector in trouble again, as contractors Interserve and Dawnus go into administration. These failures are reminiscent […]

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Week 10 Review

Brexit uncertainty hits estate agents Countrywide, Mike Ashley attempts to takeover at Debenhams and LK Bennett formally enter administration […]

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Week 09 Review

LK Bennett lines up administrators, retailer GAP announce that they are closing 230 stores globally and UK car output slumps 18 percent in January […]

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Week 08 Review

Flybmi goes into administration with the loss of almost 400 jobs and a Record UK government surplus of £14.9bn recorded in January due to bumper tax reciepts […]

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Week 07 Review

Patisserie Valerie saved by private equity firm and retail sales bounce back in January. Irish-based private equity firm Causeway Capital Partners commented that […]

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Week 06 Review

HMV saved from administration and Bank of England maintain Interest rates at 0.75% whilst revising down UK growth forecast to only 1.2% this year. […]

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Week 05 Review

Insolvency figures for 2018 released, Oddbins enters administration again and Ford announce 400 jobs to go at Bridgend plant in cost cutting […]

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Week 04 Review

Patisserie Valerie finally collapses into administration, additional House of Fraser stores saved and Santander announce more branch closures. […]

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Week 03 Review

Store closures - Continued retail woes for M&S, Paperchase, Debenhams and New Look. Store openings decline and closures accelerate in 2018 […]

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