Increase in hospitality and construction insolvencies
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Construction insolvencies hit tipping point - Credit Connect
In April 2025, the number of registered company insolvencies in England and Wales was 2,053, 3% higher than in March 2025 (1,996) but 5% lower than April 2024 (2,163) with the construction industry experiencing the highest number of insolvencies in the 12 months to March 2025 at 4,111, making up 17% of all industry cases. James Hawksworth, Restructuring Advisory Partner at RSM UK, said “The construction industry continues to experience volatili…
Increase in hospitality and construction insolvencies
In the past year, Dillon Eustace has seen a notable increase in insolvencies in the real estate, construction and hospitality sectors. These appointments have been by domestic alternative lenders (typically backed by international capital) or international funder clients who are not willing to show the same forbearance as the domestic pillar banks, Jamie Ensor, partner and head of restructuring and insolvency at the firm, says. “By way of exampl…
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