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1 in 180 Companies Faces Insolvency in 2024

From 1 June 2023 to 31 May 2024, one in 180 companies on the Companies House effective register entered insolvency, approaching levels last seen during...

British Cycle Sales Hit 39 Year Low

After record highs during the pandemic, as people purchased bikes to avoid public transport and keep themselves healthy, UK cycling now appears to be in...

Find out Why the Transport Industry is Prone to Insolvency

The transportation sector is the lifeblood of the UK economy, providing essential services that keep the nation moving. However, the financial health of this sector...

Where to Get Help for Debt-Related Stress

The stress created by work-related debt can be overwhelming. It is common to report anxiety, overwhelm and depression when worrying persistently about money. If you’re...

The Best Debt Charities in the UK

In the UK, several reputable debt charities offer free, confidential advice and practical solutions to help people regain control of their finances. This article introduces...

Save the British Chippy

Why the UK Could Lose a Third of its Iconic Fish and Chip Shops Like many businesses in the UK, the fish and chip industry...

Poolmageddon: 79% of UK pools May Close Within 6 Months

UK swimming pools face an existential threat this summer as energy prices risk the worst spate of insolvencies in the sector’s history. Estimates suggest the...

Insolvencies Within the Technology Sector

Currently, the main triggers for defaults and insolvencies in this sector are increased price pressure and margin erosion due to heightened competition and lack of...

Coffee Shop Owners Say Lattes Would Have to Be £7 to Follow Energy Hikes

Britain’s cafe owners are the latest to express the pressure their industry is feeling due to the cost-of-living crisis. In fact, Elliot House, co-owner of...

Tripled Energy Costs Puts 2500 Small Bakeries at Risk of Insolvency

There are few more iconic British foods than a loaf of crusty bread. But as a sector fundamentally tied to energy markets due to the...

35% of Charities Fear Insolvency Due to Cost of Living Crisis

Already hard-hit by COVID-19, charities are the latest to express concerns about their survival due to the cost of living crisis. As discretionary payments, donations...

£6000 Fuel Hikes Could Push Many Taxi Drivers into Insolvency

A spate of insolvencies in the taxi sector may be imminent as the cost of living crisis bites. As a regulated industry, tariffs aren’t rising...