UK construction insolvencies rose to 15.2% of all cases in July, with 3,973 firms collapsing in the past year. Analysts warn sector challenges remain amid costs, regulation and regional pressures.

Corporate insolvencies rose 5.9% year-on-year in August. Azets stresses that early advice is vital for businesses, as SMEs continue to face mounting financial pressures, high costs, and economic uncertainty.

The BRC warns that 400 of Britain’s largest retail stores face closure under proposed business rates changes, risking 100,000 jobs and emptying high streets unless the Government adjusts its plans.

HMRC lost around £836 million in 2022-23 due to small-business phoenixing, now accounting for one-fifth of its uncollected tax losses. Government bodies are tightening laws and enforcement to stop the abuse.

UK GDP flatlined in July, raising fears of stagnation. Business leaders are urging the government to avoid further tax rises in the Autumn Budget and instead prioritise policies that encourage growth and investment.

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.