In the past year, UK company insolvencies have exceeded those recorded during the 2008-09 financial crisis, signalling significant stress among businesses.Data from the Insolvency Service reveals…
A Bedfordshire construction company’s owner has been banned for 13 years due to fraudulent Covid loan claims.Nick Addison, director of Addison’s Quality Ltd, exaggerated the company’s…
Two builders have been sentenced for fraudulently claiming Covid business-support loans, exemplifying the broader crackdown on pandemic-related financial misconduct.James and William Leslie admitted to making false…
In the wake of a significant investigation, individuals potentially defrauded by a disbanded travel agency are being asked to seek support. The agency, Zulu Travel Services,…
A travel agency has been closed by the High Court, resulting in substantial financial losses for many holidaymakers.Felix Travels and Tours Limited, trading as Felix Holidays,…
Data indicates a troubling rise in construction administrations over the last two months.A total of 31 construction firms entered administration in June, up from 23 in…
The construction industry in England and Wales is facing unprecedented financial challenges, with insolvencies reaching an alarming peak.In the year leading up to April 2024, a…
The aftermath of Covid-19 has unveiled extensive fraud within government support schemes, straining public finances and burdening the legal system.Insolvency experts are witnessing a surge in…
