In January 2025, the number of registered company insolvencies in England and Wales was 1,971, 6% higher than in December 2024 (1,852) and 11% higher than the same month in the previous year (1,780). The construction industry experienced the highest number of insolvencies in the 12 months to December 2024 at 4,032, making up 17% […]
Today’s company insolvency statistics show accommodation and food services insolvencies were down 7% year-on-year from 3,737 in 2023 to 3,464 in 2024. Insolvencies in the sector saw an even bigger drop month-on-month, down 31% from 327 in November 2024 to 224 in December 2024, and fell 29% when compared to the same month in the previous year […]
Specialist motor insurance loss adjuster Claims Management & Adjusting (CMA), part of the QuestGates group, has praised the police and carmakers as new Driver and Vehicle Licensing Agency (DVLA) figures show UK car thefts down 4.5% and recoveries up 2.3% year-on-year. Cars stolen and recovered in UK 2023-24 Year Total Cars Stolen Total Cars Recovered […]
The average price of a home sold in Wales increased slightly to £233,200 in the final quarter of 2024, remaining approximately at the same level as the start of the year. The figures have been released from Principality Building Society’s Wales House Price Index for Q4 2024 (October – December), which demonstrates the rise and […]
The Private Rented Sector (PRS) needs an amnesty from further government-mandated change in order to prevent landlords quitting the sector, reducing much-needed supply and further increasing record rents. This was one of the key messages that emerged from the first Landlord Trends workshop hosted by Pegasus Insight along with contributors from Hometrack/Zoopla and the National Residential Landlords Association and attended by representatives […]
Five fintechs have been selected to take part in NatWest’s first Fintech Growth Programme. Following the launch in December and after a rigorous process of pitches, presentations and interviews, TunicPay, Ask Silver, mmob, Aperidata and Sprive were selected to take part in the programme. The programme is an exciting opportunity for fintech startups to use the resources, […]
The ONS has released employment and wage data covering the year to October-December: UK Labour Market February 2025 – GOV.UK Sarah Coles, head of personal finance, Hargreaves Lansdown: “Wages have outpaced inflation again, easing the pressure on budgets and making life a little more comfortable. However, we can’t afford to relax just yet, because wage hikes […]
UK retail traders are looking to foreign stock markets for investment opportunities, with the US as the biggest draw, new research (1) from GraniteShares, a global issuer of Exchange Traded Products (ETPs) with more than $9bn under management, shows. It found nearly one in three (30%) retail traders with investment portfolios increased the value of […]
Rob Morgan, chief investment analyst at Charles Stanley:The UK remains in an economic funk of muted activity, waning confidence and above-target inflation. No surprise then that various market surveys indicate firms are reluctant to hire staff and in some cases are looking to make cuts amid planned increases in employer NICs and the National Minimum […]
The latest HPI data from Walker Fraser Steele powered by Acadata, indicates annual growth with a 1.2% increase in the average sale price of a home in Scotland – 2.4% higher than this time last year. This marks a departure from the downward trend seen in 2023. The driving factors are believed to be a renewed emphasis […]
