Business

Hospitality insolvencies down 7% in 2024

CVL and administration numbers were higher than in December 2024, while compulsory liquidations and CVAs were lower

Accommodation and food services insolvencies were down 7% year-on-year from 3,737 in 2023 to 3,464 in 2024, according to data from the Office for National Statistics (ONS).

Back to top button