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The Independent UK

Business

Henry Saker-Clark

Restructurings could rise next year as Budget cost rises loom, warn experts

Budget Carpetright Homebase National Insurance

Carpetright entered into administration in 2024 (Jason Alden/Carpetright/PA) - (PA Media)

Insolvencies and restructuring could rise further over the start of 2025 as firms face more increased cost pressures, industry experts have warned.

Restructuring bosses have cautioned that impending cost rises linked to the autumn Budget could particularly weigh on the retail, hospitality and care sectors.

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