Corporate insolvencies soar in Q1 2022 Corporate insolvencies in England and Wales jumped to 4,896 during the first quarter of 2022 to reach the highest level recorded since 2012 according to figures released at the end of April by the UK Government’s Insolvency service. This figure is a 6%[...]
UK corporate insolvencies are set to increase in 2022 and are forecast to be 33% higher than in pre-pandemic 2019 according to the specialist credit insurance company, Atradius1. At the same time, research conducted by Specialist Risk Insurance Solutions highlights that the risk of economic[...]
The UK Government insolvency statistics for Q4 2021 were released on 28th January 2022 and show an increase in corporate insolvencies across most industries in 2021 relative to 2020. Compared to Q3 2021, the number of corporate insolvencies increased by 19% and they were 51% higher compared to Q4[...]
The UK Government insolvency statistics for Q2 2021 were released on 29th October and show the long expected increase in company insolvencies. The figures for England and Wales showed a 17% increase in insolvencies compared to Q2 2021 and a 43% increase compared to Q3 2020. This rise was[...]
We’re celebrating success at meeting the ‘Gold’ standard in two prestigious accreditations.
We’ve raised more than £6000 for our nominated charity – Children’s Hospice South West (CHSW) – by turning drives into donations during the pandemic.
Many businesses will welcome the likely unlocking of Covid restrictions from 21 July. There have been some signs of recovery already. In May the OECD was predicting the UK economy will grow 7.2% in 2021.
Retailers have written to the Government asking that its Trade Credit Reinsurance scheme, due to close on 30 June, is extended.
What should we make of last week’s warning from Willmott Dixon that its margin in 2020 more than halved, and they’re seeing supply chain margins suffering a similar fate?
As we reported recently, the Government’s £10bn Trade Credit Reinsurance Scheme will close on June 30, 2021 – and this has now been confirmed by the Government and the Association of British Insurers (ABI).