Category : Search result: Insolvency


Wales Tops UK Insolvency Chart as Personal Debt Crisis Bites

Exclusive analysis reveals a personal debt crisis gripping Britain, with Wales recording the highest rate of insolvency procedures in England and Wales. Discover the regional hotspots and the alarming 15% annual surge in IVAs.

Personal Insolvencies Surge 23% in England & Wales

New government data reveals a sharp 23% rise in personal insolvencies across England and Wales. Individual Voluntary Arrangements (IVAs) are the primary driver, highlighting a growing debt crisis.

Perth Property Giant Collapses Owing Millions

Perth-based construction firm Tingey Development Group has entered administration, collapsing with massive debts. The shock failure leaves a trail of creditors and unfinished projects across the city.

Queensland trucking company collapses after 23 years

A major Queensland transport company with a 23-year history has entered liquidation, collapsing with massive debts and leaving dozens of employees without jobs in a severe blow to the region's freight industry.

Vashi Dominguez's Jewellery Retailer Collapses into Administration

Exclusive: Vashi Dominguez's high-end jewellery venture, once a glittering success, collapses into administration. Discover the full story behind the downfall of the luxury brand that promised to revolutionise bespoke gems, leaving creditors owed millions

John Barnes settles tax debt, exits bankruptcy

England and Liverpool icon John Barnes has finalised a significant payment to HM Revenue & Customs, officially concluding his bankruptcy proceedings after a three-year financial ordeal.

Fourth Italian Restaurant Chain Collapses in 2025 Crisis

Another major Italian restaurant chain has fallen into administration, marking the fourth such collapse in 2025. The crisis threatens jobs and highlights severe pressures facing UK's hospitality sector from rising costs and changing consumer habits.

River Island Supplier Collapses, 70 Jobs at Risk

Major fashion supplier to River Island, SRS Industries, enters administration, threatening 70 jobs at its Welsh facility. The insolvency experts from Leonard Curtis are now at the helm.

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