Report reveals how suppliers are on the verge of collapse
More than 100 food and drink suppliers to supermarkets are at risk of collapse, according to a hard-hitting report from corporate restructuring specialists Begbies Traynor.
It blames the supermarket price war that is squeezing suppliers.
The report will heighten fears about a trade credit insurance crunch among suppliers.
Last month credit insurer Atradius warned that supermarket suppliers to the “Big Four” supermarkets faced a “perfect storm”.
Suppliers risked being delisted and having their payment terms extended as the supermarkets cut the number of products they sell to ease cash flow.
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The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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