US EditionHospitality Insolvencies Down, but More to Come Following Downturn in Trade - London Business News
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Hospitality insolvencies down but downturn in trade could spell trouble, RSM warns
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. Insolvencies in the sector also decreased 12% from 3,824 in the 12 months to April 2024 to 3,369 in the 12 months to April 2025. However, Saxon Moseley, partner and head of leisure and hospitality at RSM UK has warned that a downturn in trade combin…
Hospitality insolvencies down, but more to come following downturn in trade - London Business News
Today’s company insolvency statistics show accommodation and food services insolvencies were down 12% year-on-year from 313 (April 2024) to 275 (April 2025), and fell 2.5% month-on-month. Insolvencies in the sector… The post Hospitality insolvencies down, but more to come following downturn in trade appeared first on London Business News
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