Credit, Collections & Insolvency News
Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales increased by 7% in March 2026 when compared to the previous month. and were on similar levels to March 2025. March’s increase suggests that oil price spikes and renewed inflation concerns linked to escalating conflict in the…
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Latest figures from the Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland increased in March 2026. The data showed that there were 131 company insolvencies registered in Scotland, 11% higher than the number in March 2025. The insolvencies comprised of 53 CVLs, 57 compulsory liquidations, 18 administrations and three receivership appointments. There…
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Latest monthly statistics from the Insolvency Service have shown that business insolvencies and personal insolvencies rose in Northern Ireland in March 2026. The data showed that there were 35 company insolvencies registered in Northern Ireland, 21% higher than in March 2025. The insolvencies comprised of 25 compulsory liquidations, nine CVLs and one CVA. There were…
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Almost half (49%) of the 55 profit warnings issued by UK-listed companies in Q1 2026 cited the impact of policy change and geopolitical uncertainty as a leading factor, according to EY-Parthenon’s latest Profit Warnings report. Since the start of the conflict in the Middle East on 28 February, more than two in five (42%) of…
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Insolvency practice, Business Rescue Expert (BRE), has announced the launch of a specialist Turnaround division. Turnaround & Restructuring Expert (TRE) is supporting businesses across the UK, with a focus on protecting jobs and avoiding formal insolvency. The move forms part of Darlington-headquartered Business Rescue Expert’s wider strategy to expand its advisory services and follows the…
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Latest monthly figures from the Insolvency Service for England & Wales have indicated that personal insolvencies increased by 3% when compared to February 2026 and 30% higher than in March 2025, totalling 12,252 personal insolvencies The insolvencies consisted of 654 bankruptcies, 4,523 debt relief orders (DROs) and 7,075 individual voluntary arrangements (IVAs). T The 7,075 IVAs registered…
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