All posts in the Market Conditions category

Sharp rise in construction insolvencies following Carillion’s collapse

It has been reported that 2,764 construction firms entered insolvency in 2017/18, jumping 6% in just a year from 2,608 in 2016/17 This substantial rise in construction insolvencies can be seen as being partly due to the fall-out following Carillion’s liquidation in January 2018. Many of the reported insolvent firms were part of the supply […]

Forget the Chinese Year of The Dog – 2018 is the Year of the CVA

2018 has been reported in insolvency news sources as the year of the CVA (Company Voluntary Arrangement) and in particular the Landlord CVA. The news has been full of established high-street names using CVAs to help streamline their businesses by looking at their leasehold commitments, closing some premises and trying to get rent reductions for […]

Statistics see seaside towns with highest personal insolvency rates

A worrying trend sees that the geographical spread of personal insolvencies shows that seaside towns are most effected. The North East and coastal towns such as Plymouth and Scarborough typically had the highest concentrations of personal insolvencies. The places which have the highest rate of personal insolvency tend to be seaside towns,  as well as […]

Have we lost our appetite for dining out? The UK Restaurant sector continues to struggle in uncertain times

Earlier this year we reported on the struggling restaurant industry following the closure of some of Jamie Oliver’s restaurants. Unfortunately it seems that our prediction for hard times ahead is coming to fruition with more big name restaurants adding to the list including Ed’s Easy Diner and Frankie and Benny’s closing poorly performing sites from […]