Business
Hospitality insolvencies down but downturn in trade could spell trouble, RSM warns
Monthly company insolvency numbers in the first five months of 2025 were slightly higher than in 2024 and at a similar level to 2023, which saw a 30-year high annual number of insolvencies
Accommodation and food services insolvencies decreased 12% year-on-year from 313 in April 2024 to 275 in April 2025, according to the latest insolvency figures from the government insolvency service.
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