The insolvency and restructuring profession rescued 297,000 jobs and returned £1.82bn to creditors in insolvency cases in 2019, according to a report from R3
Commercial property landlords facing unpaid rents and vacant buildings have been forgotten by the government, says tax and advisory firm Blick Rothenberg
After putting advisers on standby for a potential administration, Virgin Atlantic has now secured a solvent recapitalisation, which will deliver a refinancing package worth over £1.2bn during the next 18 months
More than 2,400 jobs were lost and 64,000 bookings cancelled at The Specialist Leisure Group (SLG), owner of coach holiday operator Shearings, after EY were appointed as administrators
The number of company insolvencies in England and Wales fell by 17% when compared to both last month and during March 2023, according to the Insolvency Service’s latest figures
The number of businesses in “significant” distress rose by 30.8% year-on-year in the first quarter of 2024, according to Begbies Traynor’s latest Red Flag Alert
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