Licensed insolvency practitioner, Molly Monks has shared the real reasons why retailers such as BHS and Debenhams failed to stay afloat in challenging financial times View 3 Images Lots of British high streets are struggling (Image: Getty Images)

As rising insolvency rates continue to affect UK businesses, a leading insolvency expert has revealed the hard lessons directors must learn. With interest rates remaining high, inflation squeezing margins and consumer confidence still shaky, financial pressure is mounting across multiple sectors - leading to a steady stream of administrations and restructuring deals . ‌

Molly Monks, Licensed Insolvency Practitioner and founder of Parker Walsh , says many of these well-known companies showed clear warning signs before their do

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