Business
Hospitality insolvencies remain ‘historically’ high despite Feb fall
Company insolvencies in March 2025 consisted of 295 compulsory liquidations, 1,543 creditors’ voluntary liquidations (CVLs), 137 administrations and 17 company voluntary arrangements (CVAs)
Accommodation and food services insolvencies were down 11% from 3,829 in the 12 months to February 2024 to 3,405 in the 12 months to February 2025, according to data from the Office for National Statistics.
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