RSM news and archive

Retail insolvencies signal a sector still on shaky ground

The fashion industry is no stranger to disruption, but the latest insolvency figures underline a worrying truth: retailers are still operating on borrowed time. While the month-on-month drop in retail insolvencies from 177 in October 2025 to 158 in November 2025 may offer a momentary sigh of relief, the broader trend is far less comforting....

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Business

Fashion retailers brace for limited reforms as business rates overhaul hangs in the balance

As UK retailers prepare for the Autumn Budget 2025, the fashion sector is bracing for what could be another round of partial, short-term measures rather than the sweeping reform it has long demanded. Business rates, widely regarded as one of the most structurally damaging costs for physical retail, remain at the centre of industry concerns....

Retail

Retail sales marginally rise in July as sports events and warm weather boost activity

Retail sales volumes across the UK are estimated to have increased by 0.6 percent in July 2025, according to a delayed monthly report by the Office for National Statistics (ONS). This followed a more modest 0.3 percent increase in June. The quantity of goods bought fell 0.6 percent in the three months to July when compared to the three months...

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Retail insolvencies ease in June, but fashion sector remains on edge

The latest UK insolvency statistics offer a brief respite for retailers, though underlying pressures suggest the industry is far from out of danger. Company insolvencies in the retail trade fell to 169 in June 2025, a 12 per cent drop from May’s 192 cases and 17 per cent lower than the 203 recorded in June 2024, according to official data. For...

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Business

UK retail insolvencies surge amid tax burden and weak consumer confidence

The UK's retail sector is showing signs of distress, with company insolvencies in the trade rising sharply for the second consecutive month. According to figures released this week, retail trade insolvencies climbed to 192 in May 2025, a 16 percent increase from April’s 165 cases, and 20 percent higher than the 160 recorded in May 2024. While...

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Business

Retail insolvency holds steady, for now, warns RSM UK

Retail sector insolvencies in the UK remained broadly stable in April, according to new figures released today, but the outlook is increasingly clouded by a convergence of macroeconomic and geopolitical headwinds. The latest company insolvency statistics show a modest 3 per cent rise in retail trade insolvencies from March to April 2025,...