Hospitality insolvencies drop in August but risks loom for autumn

RSM UK's Saxon Moseley and Gordon Thomson warned the recovery remains fragile, citing geopolitical uncertainty, possible interest rate rises, legislative changes and government policy ahead of October's Autumn Budget as risks. Thomson noted historical debts could still undermine otherwise viable businesses if autumn trading disappoints.

Despite the dip, the sector recorded 3,201 insolvencies in the 12 months to August 2026, the third-highest of any UK sector.