Insolvency

The former employees of Bowie Construction will receive their payouts from the government’s Redundancy Payments Service.

More than 1,500 jobs could be saved at struggling DIY retailer Homebase, which employs more than 3,000 people.

The Body Shop’s remaining stores rescued from administration after reports in February that its UK 200 sites were at risk of closure.

Ted Baker is set to go into administration, putting hundreds of jobs at risk of redundancy.

What rights and protections are afforded to The Body Shop’s affected employees in the wake of the company entering administration and closing branches?

The stores that will close immediately include four in London, where rents and other overheads are highest.

The Body Shop is set to appoint administrators this week, with job losses and store closures looking likely.

Company insolvencies in England and Wales reached their highest level in 30 years in 2023, official figures have revealed.

The amount paid out by the government for unpaid wages and redundancy pay has risen sharply as company insolvencies hit...

More than 200 jobs have been lost after housebuilder Stewart Milne Group went into administration.

Thousands of employers are at risk of insolvency, according to data from Begbies Traynor.

Canadian billionaire Doug Putman has pulled out of a deal to save hundreds of Wilko stores, citing cost as a barrier.

The first Wilko redundancies have been confirmed administrators were unable to secure a buyer for the collapsed retail chain.

Redundancies scheduled to begin this week at Wilko have been ‘suspended’ while administrators consider several rescue bids.

Wilko has gone into administration, putting 12,000 jobs at risk of redundancy.