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Companies In Administration/ Receivership Up 42%

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Geoff Carton-Kelly, head of business recovery at Baker Tilly, the professional services firm, said: “The consumer problems are working their way through the system.” Consumer-oriented businesses, such as pubs, gyms and smaller retailers, were particularly hard hit.

Other data indicated there were further corporate problems in the offing. The number of companies going into administration and receivership was 42 per cent higher in the second quarter than last year, while there was a 45 per cent increase in companies issuing wind-up petitions in court over the same period.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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