The Latest Breaking News from Ric 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

UK firms ‘could be pushed over edge’ after record rise in financial distress

Consumer-facing sectors such as hotels, leisure and retailers have particularly been under pressure, advisory firm Begbies Traynor said.

Evening Standard · Jan 24, 2025

Insolvency specialist Begbies Traynor sees rise of companies going bust continuing into 2024

But the rise may be slow and steady rather than a sudden jump

Evening Standard · Jul 11, 2023