Mazars

Number of brewery insolvencies triples in past year, says Mazars

The number of UK breweries becoming insolvent has tripled in the past year, jumping to 45 in the year to…

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Noah’s Ark-le: Surviving rising waters for a successful launch

“The hotel has got a really massive turnover of finance and footfall and effectively puts the customers in the building…

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Final quarter of 2022 ‘worst on record’ for restaurant closures

The final quarter of 2022 was the “worst on record” for restaurant closures, as 504 restaurant companies entered insolvency in…

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Restaurant insolvencies rise by 60% over the past year

Restaurant company insolvencies have increased by 59% over the past year, rising from 984 in 2020/21 to 1,567 in 2021/22,…

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Hotel and restaurant loan write-offs soar 65%

Write-offs of loans to restaurants and hotels rose by 65% during the course of the pandemic, with £99m written off…

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Administrators appointed to MPM Catering Limited

Conrad Pearson and Patrick Lannagan of Mazars, the international accounting and advisory firm, have been appointed as joint administrators of…

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Restaurant group Tre Ciccio enters administration

Manchester-based Italian restaurant group Tre Ciccio has entered administration. Tre Ciccio opened its first restaurant in Altrincham in 2018 and…

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