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Tariffs and Budget will see insolvencies rise, advisors say

North Devon Journal

|

May 15, 2025

SOUTH West company insolvencies are expected to rise this year as businesses grapple with economic uncertainty and new US tariffs, according to advisory firm Interpath.

In the first quarter of 2025 the number of Westcountry firms filing for administration was relatively flat compared to Q1 last year, but Interpath said there was a risk of a "sharp rise" in businesses collapsing.

It said its analysis of Companies House data found there were 34 administrations in the South West in Q1 of 2025, almost unchanged from the same period 12 months ago, and only a marginal fall against Q4 of 2024 (39 cases).

FLERE HISTORIER FRA North Devon Journal

North Devon Journal

North Devon Journal

'Porcelain Poltergeist' back up to old tricks

EVERY Christmas, something - or someone - is smashing hand made pottery at a craft collective in one of North Devon's oldest buildings.

time to read

2 mins

November 27, 2025

North Devon Journal

£100k boost for sports facilities includes new multi-use games area

MORE than £100,000 has been allocated by Torridge District Council to improve sports facilities in Westward Ho!

time to read

1 mins

November 27, 2025

North Devon Journal

Man arrested for damaging ambulance with hammer

A MAN from North Devon has been arrested after damaging an ambulance with a hammer.

time to read

1 min

November 27, 2025

North Devon Journal

North Devon Journal

Most students to be spared arduous trip to college with Petroc merger

A MERGER between two colleges is expected to expand the number of students attending Petroc in North Devon by 800.

time to read

3 mins

November 27, 2025

North Devon Journal

North Devon Journal

Fayre gives glowing reflection of town's festive spirit

FAMILIES flocked to Great Torrington as the town centre was transformed into a festive hub for its annual Christmas Fayre, with music, market stalls and merriment spreading through the streets.

time to read

1 min

November 27, 2025

North Devon Journal

North Devon Journal

Beauty spot's refill station helps in bid to cut plastic

VISITORS to a popular beauty spot can now top up their bottles for free, thanks to a new refill station aimed at tackling plastic waste.

time to read

1 min

November 20, 2025

North Devon Journal

Shipyard helps transform economy and rebuild UK's maritime power

THE Governor of the Bank of England has praised the economic impact of Appledore shipyard in transforming Britain's maritime future and its past.

time to read

2 mins

November 20, 2025

North Devon Journal

Town gears up for festive lights switch-on celebration

PREPARATIONS are under way for Barnstaple’s annual Christmas lights switch-on next week.

time to read

1 mins

November 20, 2025

North Devon Journal

Shipyard helps transform economy and rebuild UK’s maritime power

THE Governor of the Bank of England has praised the economic impact of Appledore shipyard in transforming Britain’s maritime future and its past.

time to read

2 mins

November 20, 2025

North Devon Journal

North Devon Journal

Determined stroke survivor Cliff back on board to win national title

A STROKE survivor who once feared he'd never stand again has defied the odds to win a national para surfing title - just over a decade after a devastating brain injury changed his life.

time to read

2 mins

November 20, 2025

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