14th October 2019
Will Pizza Express Go Bust?

Will Pizza Express Go Bust?

Pizza Express, one of the UK’s largest and most recognisable casual dining chains, is struggling under a mountain of debt. The pizza chain owes more than £1.1bn to various lenders and some industry watchers fear […]
10th October 2019
Umbrella Insolvency tea and talk world mental health day

Umbrella.uk Insolvency are supporting World Mental Health Day on Thursday 10th October.

Umbrella.uk Insolvency are supporting World Mental Health Day, on Thursday 10th October. We are also fundraising for Mind, the mental health charity, throughout October. The World Health Organisation recognises World Mental Health Day on 10 October every year. This […]
8th October 2019
UK Faces Heightened Recession Risk

UK Faces Heightened Recession Risk

Some market watchers believe that the UK economy may have already tipped into recession following a downturn in the nation’s dominant services sector. The IHS Markit/CPS purchasing managers’ index for services fell to a six […]
30th September 2019
Thomas Cook Staff Protest as Industry Counts Cost of Liquidation

Thomas Cook Staff Protest as Industry Counts Cost of Liquidation

Thomas Cook staff are planning to protest at the Tory party conference in Manchester and later at Downing Street over the government’s decision not to step in and save the travel operator. Thomas Cook, the […]
19th September 2019
For more information about personal insolvency solutions, speak to a member of the Umbrella Insolvency team today. Call: 0800 611 8888.

Record Number of Brits Seek Debt Advice

Record numbers of Britons sought advice to tackle mounting debts as more households are ‘struggling to keep their heads above water’, according to debt advice charity StepChange. Some 331,337 people contacted the charity for debt advice […]
16th September 2019
High street store closures soar

High street store closures soar

Retailers and trade unions have called on the government to pass urgent legislation to boost the high street after new data reveals that shops, pubs and restaurants are closing at a dramatic rate. Analysis by […]
10th September 2019
Young People Receive Pre-University Debt Warning

Young People Receive Pre-University Debt Warning

New insolvency statistics contain a stark warning for young people heading to university this September.  With high tuition fees, limited government funding and easy access to credit facilities like overdrafts and credit cards, new students […]
2nd September 2019
The Debt Deals that Scuppered Bury FC Deal

The Debt Deals that Scuppered Bury FC Deal

A last minute deal to save Bury Football Club was abandoned after the potential purchasers discovered debt deals made as part of their due diligence checks. League One Bury have now been expelled from the […]
22nd August 2019
Households Cut Back on Big Ticket Spending As Recession Threat Looms

Households Cut Back on Big Ticket Spending As Recession Threat Looms

UK households have cut back on big purchases like holidays and cars as the possibility of a recession looms, according to a new market survey. IHS Markit, which tracks perceptions of financial well-being, found consumer […]
20th August 2019
Retailers: 'Fix Broken Business Rates System’

Retailers: ‘Fix Broken Business Rates System’

More than 50 British retailers have called on the government to fix the ‘broken’ business rates system. The group, which includes high street stalwarts like Marks and Spencer, Sainsburys and Asda, sent a letter to […]