About our Insolvency news
Latest news on insolvency, covering business failures, bankruptcy, debt solutions, IVAs, CVAs, administration, liquidation and recovery options.
Insolvency occurs when individuals or organisations can no longer meet their financial obligations, with different legal frameworks addressing both personal and corporate cases. In the UK, personal bankruptcies remain a significant concern, with thousands of Individual Voluntary Arrangements (IVAs) established each quarter, whilst corporate insolvencies continue to affect businesses across multiple sectors.
Recent months have seen significant changes in the insolvency landscape, including amendments to legislation affecting creditor rights and debtor protections. Economic pressures, rising interest rates, and supply chain disruptions have contributed to increased business failures, particularly among retailers and hospitality firms. Regulatory bodies have also enhanced oversight of insolvency practitioners to ensure fair treatment of all stakeholders.
Behind every insolvency statistic lies a human story—employees facing job uncertainty, entrepreneurs dealing with the emotional impact of business failure, and families navigating financial hardship. Community support programmes and debt advice services continue to play crucial roles in providing practical and emotional support to those affected by insolvency.
The modern insolvency framework evolved significantly from its punitive historical roots, when debtors faced imprisonment in the 19th century. Today's approach emphasises rehabilitation and rescue where possible, balancing creditor interests with the social and economic benefits of allowing individuals and viable businesses a fresh start. This shift reflects broader changes in attitudes toward debt and financial difficulty.
Our NewsNow feed on insolvency delivers comprehensive, up-to-date coverage from reliable sources across the UK and beyond. Whether you're a business owner, financial professional, or someone seeking information about debt solutions, this feed keeps you informed about legislative changes, economic trends, and practical advice relating to insolvency matters.