Pizza Express moved closer yesterday to securing its future after creditors approved the first step in a restructuring that will cost up to 1,100 jobs. Landlords voted to let the chain

nsolvencies in the UK are set to jump 27 per cent this year as the fallout from the coronavirus continues, according to Atradius. The credit insurer said that the growth

More than a quarter of Scottish hospitality and tourism businesses could go bust with 58,000 jobs being lost as a result of coronavirus, academics have suggested. Researchers analysed two decades

The Zurich-based parent company of student and youth travel specialist STA Travel is to appoint an external administrator. STA Travel Holdings AG says “day to day“ operations in the UK are unaffected

UK insolvency and restructuring experts have been bombarded for months, as industries hardest hit in the pandemic have suffered an onslaught of company failures and emergency refinancings. But specialists across

One in 10 UK firms have said they are at risk of becoming insolvent because of the coronavirus crisis with 40 per cent admitting they have less than six months worth of

New research has found that one in three businesses across the UK expect to make job cuts by October as the Covid-19 crisis takes a toll on the economy. At

More than two-fifths of debt experts questioned by insolvency and restructuring trade body R3 believe that personal insolvency numbers will increase significantly in the next 12 months. Over eight in

Analysis conducted by the BBC’s Shared Data Unit shows around 5,000 companies have filed for insolvency since March, down compared with 6,500 last year, as government funding meant they went

As reported by Eater London, the recent survey, conducted by UK Hospitality and on-trade data analyst CGA, found that over 75% of restaurants, pubs and bars in the UK fear not being