The number of UK businesses on the brink of collapse jumped by more than a quarter at the end of 2023 as fears grow over a debt storm caused by the recent barrage of interest rate hikes, a report has.
Purplebricks, the once high-flying online estate agent that reached a peak valuation of more than £1.3bn, has been sold to Charles Dunstone-backed rival Strike for £1 with all of its more than 750 staff put at risk of redundancy.