News Formal

UK Company Failures Rise Amid Debt Concerns

  • 📰 LBCNews
  • ⏱ Reading Time:
  • 25 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 59%

Business Berita

Insolvencies,UK Economy,Debt

Official data reveals a 13% surge in UK company insolvencies in November, reaching 1,966. Experts express worries about businesses grappling with unsustainable debts, predicting continued high insolvency rates in 2025. Factors contributing to the situation include rising inflation, interest rates, and increased national insurance contributions.

The number of UK companies going bust increased last month, official data shows, as experts warned that more businesses face a “perilous financial position” as they remain weighed down by debts.

This included an 8% month-on-month increase in the number of creditors’ voluntary liquidations , at 1,565. “Insolvency levels have remained high throughout the course of the year and, despite improving economic conditions – including lower levels of inflation and rate cuts – we anticipate them remaining so in 2025 as firms continue to carry unsustainable levels of debt.

This was followed by wholesale and retail trade, and accommodation and food services, according to the data.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 75. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Intel CEO Pat Gelsinger Steps Down Amid Company TurmoilIntel has confirmed the sudden departure of CEO Pat Gelsinger, aiming to restore investor confidence. Gelsinger will retire in December and be temporarily replaced by EVP David Zinsner and Michelle Johnston Holthaus, with Frank Yeary becoming interim executive chair.
Sumber: TheRegister - 🏆 67. / 61 Baca lebih lajut »

KTM denies Red Bull financial help incoming amid company strugglesMotoGP project on track despite financial turmoil at KTM
Sumber: crash_motogp - 🏆 33. / 68 Baca lebih lajut »