UK business insolvencies surge 32% as crisis deepens
New data reveals a 32% spike in UK business distress as thousands of companies face collapse amid high interest rates and economic pressures, with construction and hospitality sectors hit hardest.
New data reveals a 32% spike in UK business distress as thousands of companies face collapse amid high interest rates and economic pressures, with construction and hospitality sectors hit hardest.
Fashion giant Next posts better-than-expected profits and upgrades forecasts, while new data reveals thousands of UK businesses face critical financial distress.
Exclusive: Sheffield Wednesday's future hangs in the balance as the club's financial turmoil escalates, with potential administration looming and the Hillsborough stadium at risk.
Sheffield Wednesday have been served with a winding-up petition by HMRC, plunging the League One club into fresh financial turmoil just weeks before the new season.
A record number of UK companies are facing financial distress as rising taxes and economic pressures push firms to the edge, warns Begbies Traynor.