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flag UK company failures rose 30% in February 2026, driven by inflation and the Iran conflict, with major closures threatening 682 jobs.

flag Company failures in the UK rose 30% in February year-on-year to 146 administrations, continuing a trend from January, with overall insolvencies up 7% from January but 7% lower than a year earlier. flag Experts warn rising costs from the Iran conflict, including higher oil prices and inflation, could push more businesses into collapse, especially in energy-intensive or low-margin sectors like hospitality, retail, and construction. flag High-profile closures include TGI Fridays, Claire’s, The Revel Collective, and NCP, which put 682 jobs at risk. flag Creditors’ voluntary liquidations rose 11% month-on-month, and company voluntary arrangements increased from seven to ten. flag Business leaders are delaying investments due to economic uncertainty, increasing financial strain and likely leading to more insolvencies in 2026.

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