Hospitality insolvencies lowest in two years
Released today (18 February), new figures from The Insolvency Service show that accommodation and food services insolvencies fell to their lowest level in two years in December 2025.
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Released today (18 February), new figures from The Insolvency Service show that accommodation and food services insolvencies fell to their lowest level in two years in December 2025.
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New figures from The Insolvency Service show that company failures in the hospitality sector were essentially unchanged in September 2025 – and only slightly higher year-on-year – as operators await next week's Budget.
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The latest company insolvency statistics reveal a 20% increase in accommodation and food service insolvencies over the year to May 2024, rising from 3,133 in the 12 months to May 2023 to 3,752 in the 12 months to May 2024. However, there was a 9% decrease in month-on-month insolvencies in May 2024.
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The UK hospitality sector continues to experience a turbulent period, as highlighted by a series of reports and statistics. Despite significant challenges, the industry demonstrated resilience with a notable year-on-year sales growth in May 2024.
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In March 2024, Britain’s leading hospitality groups achieved above-inflation like-for-like sales growth of 5.2%, according to the latest CGA RSM Hospitality Business Tracker.
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