Top story: Southend United on the brink once more 24 May 2013
Southend United Football Club has been issued with another winding up petition by HM Revenue & Customs (HMRC).
News stories
The Co-op halts commercial lending
24 May 2013
The Co-operative Bank – whose brands include Smile and Britannia – is closing its doors to new business customers.
Winterhill Largo launches risk management business
24 May 2013
Asset valuation and recovery specialist and financial outsourcing group Winterhill Largo has launched a new business.
Newcastle Beer Co wound up
24 May 2013
Alcohol wholesaler Newcastle Beer Co Limited has been wound up following a general meeting of the company.
Accountancy firms wound up
24 May 2013
Two closely-related providers of insolvency and accounting services have been wound up in the public interest by the High Court for putting clients’ money at risk.
Aldershot Town IPs making “positive strides"
24 May 2013
Aldershot Town’s administrators have confirmed they are confident that the club will be playing Conference League football next season.
'Pensions liberation' company on brink of insolvency
23 May 2013
A company which offers to unlock pensions for a fee – is on the brink of a formal insolvency arrangement.
Mothercare announces £21m loss
23 May 2013
Maternity retailer Mothercare has announced a preliminary pre-tax loss of £21.5m for the 12 months to the end of March 2013.
GDP growth not the full story says E&Y
23 May 2013
UK gross domestic product grew 0.3% in the first quarter of 2013, according to the Office of National Statistics (ONS) in its latest update.
Flybe quits Gatwick but hits turnaround target
23 May 2013
Airline Flybe has confirmed it has exceeded its ‘phase one’ target of £25m in cost-savings as part of its turnaround plan for 2013/2014 after it announced plans to cease flights from London’s Gatwick airport.
Insolvencies rising among women
23 May 2013
An astonishing rise in insolvencies among women in England and Wales will see their financial failure rate overtake men for the first time, new research has found.
Pre-pack hopes 'all rise' for boyband Blue
22 May 2013
The management company of pop act Blue has gone into administration halfway through the group’s comeback tour.
Saab execs arrested for fraud
22 May 2013
Three former executives of Swedish car manufacturer Saab Automobiles have been arrested on suspicion of accounting fraud.
MPC voted unanimously in May
22 May 2013
The Monetary Policy Committee (MPC) voted unanimously to maintain the Bank of Engalnd bank rate at 0.5% in its May meeting.
FSCS refunds credit union members
22 May 2013
Payments have been issued to members of a defunct credit union in Cumbria which collapsed earlier this month.
Pryde before a fall for banned directors
21 May 2013
A husband and wife that managed a children’s playgroup have both been disqualified from acting as directors for six years after failing to keep proper records.
ITV Grimefighters firm to close
21 May 2013
A cleaning company featured on ITV’s Grimefighters is to be wound up voluntarily by insolvency practitioners at Oldham-based firm Bridgestones.
Fall in ATOL failures lifts travel fund
20 May 2013
The Air Travel Trust (ATT) – a fund used to meet reparation costs when an airline goes bust - has returned to surplus for the first time since 1996, after a fall in ATOL failures.
Record numbers of empty shops
20 May 2013
Empty shops in the UK high streets and shopping centres now account for 11.9% of all sites – the highest since records began.
West Ham boss fraud "victim"
20 May 2013
Princess Diana’s former butler, West Ham manager Sam Allardyce and pop singer Mike Skinner are believed to have been the victims of an alleged £125m tax fraud.
Insolvency Service bans two more
20 May 2013
Two more directors have been banned for six and 12 years respectively by The Insolvency Service.
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Insolvency Today: Insolvency Today February March 2013
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