UK high street crisis as 151 companies collapse into administration

The number of UK businesses entering administration has surged in recent months, with over 150 businesses collapsing between December and January. According to official figures from the Insolvency Service, the number of company administrations jumped by 41% to 151 between December and January. This number is 14% higher than the same period last year.

The spike reflects mounting pressures on retail and hospitality businesses, where rising costs, online shopping and subdued consumer spending have created a challenging trading environment. Several high street giants have entered administration since the start of 2026.