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Month-on-month comparison figures from the Insolvency Service showed a drop of 15% from May, when there were 279 insolvencies, to June, which saw 237.
This was also the case year on year as the figures fell by almost a quarter (23%) against the same month in 2025, where the number was 307.
Audit, tax and consulting firm RSM UK outlined how the men’s football World Cup and warmer temperatures had resulted in a positive impact on the hospitality sector, with pubs benefitting from them most.
Important lifeline
Partner and head of leisure and hospitality Saxon Moseley said: “The hot weather and major sporting events such as the World Cup have given the hospitality industry an important lifeline with insolvencies continuing to trend downwards.
“Pubs have been the main beneficiary, helping to offset weaker growth in other parts of the industry.
“The major concern is whether this momentum continues once the sunshine disappears or if it is simply a short-term boost - either way, operators need to maximise trading while the demand is there.”
RSM UK restructuring partner Gordon Thomson highlighted how external factors has resulted in businesses waiting before entering insolvency.
Some stability predicted
He predicted a change in leadership for the Labour party could bring stability to hospitality but only if the Government provided policies that would support businesses.
Thomson said: “Global and domestic uncertainty is leading operators to sit on their hands as they take a wait and see approach before triggering an insolvency process.
“While international uncertainty is expected to continue, the appointment of Andy Burnham as Prime Minister should help provide some stability to the sector.
“But that’s dependent on the Government setting out pro-growth policies that provide businesses with a clear sense of direction and help to restore confidence.”
