The Official Receiver and administrators at EY have secured a deal to sell British Steel to Chinese steel giant, Jingye Steel (UK) Ltd and Jingye Steel (UK) Holding Ltd, subject to regulatory approval

More pub and bar companies are going bust due to Brexit-driven cost rises exacerbated by teetotal millennials

Former tennis champion Boris Becker has been given a 12-year extended bankruptcy restriction following the Official Receiver’s investigation into assets and transactions valued in excess of £4.5m

PwC has been confirmed as handling the administration of babycare retailer Mothercare and has announced a phased closure of all the UK stores, putting over 2.500 jobs at risk

Troubled Goals Soccer Centre, which de-listed from AIM earlier this year following the discovery of irregularities in its accounts, has now admitted the profits of the business may have been overstated by as much as £40m since 2009

The Financial Reporting Council (FRC) has highlighted widespread concerns about whether auditors are sufficiently ‘dispassionate’ when assessing a company’s financial reporting, or whether client relationships are clouding their judgment and level of challenge, during evidence to MPs at the inquiry into the collapse of Thomas Cook

As financial distress on the high street deepens, administrators have been appointed at womenswear fashion chain Bonmarche and Scottish department store Watt Brothers

Almost half a million businesses are now in significant financial distress, a 40% increase in the three years since the EU referendum, according to Begbies Traynor, which warns that Brexit stagnation and macroeconomic factors are creating a ‘perfect storm’

Liquidators from KPMG have been appointed to a clutch of companies within the property group founded by Kevin McCloud, presenter of the TV refurbishment show Grand Designs, which have failed following project and cost overruns

Upscale high street jewellery chain Links (London) Ltd has collapsed, putting around 350 jobs at risk

Triumph Furniture Ltd, one of the UK’s largest furniture manufacturers, has collapsed following a sudden drop in sales, with the loss of over 250 jobs

Big Four firm KPMG has taken on the administrations of two companies – a medical innovation start-up and an established polythene film manufacturer – which have both collapsed putting over 200 jobs at risk

Government pledges to overhaul the airline insolvency regime in the wake of Thomas Cook’s collapse have run into opposition

Northern Ireland bus manufacturer Wrightbus has collapsed and insolvency experts at Deloitte have been appointed to handle the administration of the company, which makes the iconic red London Routemasters and employs some 1,400 people

The Financial Reporting Council (FRC) is considering launching an investigation into the collapse of Thomas Cook