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All news by: Jeremy Willmont

Manifest, leading proxy advisor to institutional investors – Moore appointed as administrator

Manifest, the proxy voting agency for institutional investors, has entered administration with Moore being appointed administrator.

19% of fashion retailers show signs of insolvency

19% of UK clothing retailers currently exhibit early warning signs that they are at risk of going insolvent according to our research.

AIM-listed Snoozebox appoints Moore as administrator

AIM-listed portable hotel business Snoozebox has appointed Moore as administrators after entering administration earlier this week (November 8).

20% of restaurant businesses at risk of insolvency

Our research shows that 14,800 restaurants are faced with the threat of going under as Brexit and rising labour costs put a strain on the industry.

75% surge in insolvency rates for young men, rising three times faster than young women

Insolvency rates among young men are rising three times faster than amongst young women, having increased by 75% amongst men under 25 in 2016 alone*.

British seaside towns see highest rates of bankruptcy

Seven of the Top Ten areas for personal insolvencies are in seaside towns as the British coastal industries and tourism continue their declines.

Call for Government to publish insolvency forecasts for Brexit

The Department for Exiting the European Union (DExEU) should publish its forecasts on what impact different Brexit scenarios will have on UK insolvencies, to help UK PLC start vital contingency planning.

Interest rate rise would mean over 18,000 extra insolvencies by 2020

Government calculations have forecast an additional 18,000 people will go insolvent by 2020 should interest rates rise just 1%.

1,800 UK hotel companies are at risk of going bust

The advantages of the fall in the value of sterling post-Brexit may not be able to overcome the other strong headwinds the sector faces, resulting in 1,800 UK hotel companies having at least a 30% chance of going insolvent within the next three years.

‘Risky’ mortgage bubble grows as over 70,000 more taken out in a year

The high-risk mortgage bubble has continued to grow, as another 71,273 mortgages viewed as ‘risky’ by the Bank of England were taken out in the UK in just a year.