New Government figures show that the number of company insolvencies fell by 12.4% in the second quarter of the year compared with the first. Evidence from the previous year, however, suggests that this could just be a temporary blip in…
Gaucho, which owns the CAU chain of grill restaurants, today became the latest victim of the casual dining crunch as the firm entered administration. The firm announced its intention to close all 22 branches of CAU as it concentrates on…
Earlier this month, House of Fraser joined a growing list of British retailers and restaurant chains turning to a Company Voluntary Arrangement (CVA) to manage their debts. A CVA is a type of insolvency process that allows businesses to pay…
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Umbrella.UK Insolvency
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