Learnings from 2025: consumer failures
ArticleAnalysis of 2025 UK consumer sector failures across retail, hospitality, and travel. Explore the cost pressures, working capital challenges and structural issues driving business distress.

Retailers are confronted with market challenges that require adaptability and resilience – from the complexities of changing tariffs to domestic tax regulations resulting in supply chain disruption, rising operational costs, financial pressures and investment uncertainties.
Our experts sit down to explore how retailers can effectively respond to these market dynamics, planning for future success in an increasingly competitive market.
As tariffs continue to change, this unpredictability makes it hard for businesses to plan effectively. Setting prices has become difficult and supply chains are becoming increasingly complicated for retail businesses. To prepare for the future, businesses need to take a closer look at their whole supply chain.
Learn more about trade tariffs and how businesses can respond
The anticipated adjustment to capital gains tax in October 2024 led to a surge in deal volumes as retailers rushed to finalise transactions before the deadline, even against a tough market backdrop for retail deals.
Rising minimum wage, coupled with increased National Insurance thresholds, have raised operational costs and financial pressures for retailers. Businesses are working hard to build strategies to mitigate these impacts. Gaining clarity on how to adapt to these challenges is essential to remain compliant and competitive.
For more insight and guidance get in touch with Nicola Sartori or Hemal Shah.
Analysis of 2025 UK consumer sector failures across retail, hospitality, and travel. Explore the cost pressures, working capital challenges and structural issues driving business distress.
The Amendments to FRS 102 bring in significant changes to the reporting standard for both revenue recognition and lease accounting (amongst other incremental changes), which will broadly align these accounting requirements to those of IFRS 15 ‘Revenue from contracts with customers’ and IFRS 16 ‘Leases’.
Overcoming the common missteps for a successful SAR engagement, that delivers real value to both service providers and their customers.
