The Latest Breaking News from Begbies Traynor

UK firms in ‘critical financial stress’ jump by a third as costs rise, report finds

Insolvency firm points to tax rises, staff costs and shaky consumer confidence after number increases to 62,193

The Guardian - UK · Apr 29

Mike Ashley steps up interest in buying Sheffield Wednesday after takeover collapse

Former Newcastle owner Mike Ashley’s representatives are due to meet Sheffield Wednesday’s administrators

The Independent UK · Feb 25

Sheffield Wednesday takeover in limbo while EFL checks source of bidders’ funding

The EFL is taking its time assessing the prospective buyout of Sheffield Wednesday to establish whether the purchase would be largely funded by the proceeds of gambling and crypto-gambling operations

The Guardian - UK · Jan 30

£3m rescue deal saves historic hotel following administration

A £3 MILLION rescue deal has saved an historic 24-room Scottish boutique hotel after it entered administration earlier this year

The National (Scotland) · Aug 12, 2025

UK is stuck in a ‘debt doom loop’, says top investor

Hedge fund chief Ray Dalio warns over public finances, saying Britain will be forced into spending cuts and tax rises

The Guardian - UK · Jul 28, 2025

Number of UK companies in "critical" financial distress has surged more than 20% in a year

London has by far the most companies in financial distress of any UK region with 17,194 classified as “critical”

Evening Standard · Jul 28, 2025

Almost 50,000 firms near collapse amid ‘immense strain’ from tax hike – report

A report by Begbies Traynor found firms in critical financial distress rose by more than a fifth to 49,309 in the second quarter.

Evening Standard · Jul 28, 2025

Almost 50,000 firms near collapse amid strain from tax hike, report claims

Labour-intense companies in particular have felt the impact

The Independent UK · Jul 28, 2025

Begbies Traynor boosted by rise in larger scale company failures

The firm saw annual pre-tax profits almost double to £11.5 million from £5.8 million the year before as revenues jumped 12%.

Evening Standard · Jul 8, 2025

Firm behind two Scottish wind farms bought after collapsing into administration

THE firm behind two Scottish wind farms has been bought after collapsing into administration ...

The National (Scotland) · Apr 10, 2025