BCP Council warns of technical insolvency as SEND costs soar, projecting a £171m shortfall by 2026. Without a long-term funding solution, essential services across the borough could face cuts.
Royal-favourite maternity brand Seraphine has entered administration after struggling with sales and rising costs. Most staff face redundancy as administrators seek a buyer or prepare to liquidate the company’s assets.
WeightWatchers’ bankruptcy highlights the growing impact of fat-loss injections—a shift that has also led to the liquidation of another long-established UK provider.
Molly Monks, founder of Parker Walsh, has been appointed to the Insolvency Practitioners Association’s Regulatory, External Affairs and Member Services Committee, strengthening our leadership and commitment to best practice
Luxury yacht manufacturer Fairline Yachts has gone into administration just weeks after a change in ownership, with administrators seeking a buyer while business operations continue.
Didsbury Gin, famed for award-winning spirits and Dragon’s Den backing, has entered liquidation, with parent company Alderman’s Drinks owing creditors nearly £200,000.
Typhoo Tea, a historic British brand, faces potential administration after sales plummet, losses widen, and a factory break-in compounds financial woes.
Homebase has entered administration, endangering 2,000 jobs, while The Range owner acquires 70 stores, safeguarding 1,600 roles and the Homebase brand for online continuation.