A Bristol furniture maker and an independent food delivery business are among 14 companies in the city to collapse last month, BristolLive can exclusively reveal. Businesses across Bristol being forced into insolvency as they battle with rising inflation and the growing cost of energy, goods and fuel prices.
The research, carried out for BristolLive by Bristol-based professional services firm Evelyn Partners (formerly Tilney Smith & Williamson), examined regional insolvency figures from the UK's official public record, The Gazette . It includes businesses registered in Bristol and those with directors based in the city region.
According to Evelyn Partners, the region's retail and services sectors have been particularly badly hit. Mandy Pope, senior manager in Evelyn Partners’ restructuring and recovery services team in Bristol, said the effect of rising inflation and the cost of living was "understandably" resulting in less money being spent on the high street.
