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Late payments leave small businesses reeling

Small businesses are owed nearly £25,000 on any given day according to new research, highlighting the scale of the UK’s late payment problem.

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Rising costs at centre of hospitality sector woes

Restaurant failures have surged by 35% in 2018, according to figures from the Insolvency Service, showcasing the pressure that the sector is under.

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High street shop closures highlight retail struggles

High street shops closed at a rate of nearly 14 a day in the first half of 2018, according to a new study.

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Outstanding VAT owed to HMRC continues to rise

UK businesses owed £3 Billion in outstanding VAT to HMRC during the 2017‐2018 financial year, according to new figures from Funding Options.

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Casual dining sector hit with 1,123 businesses filing for insolvency in the first three-quarters of 2018.

Analysis from a top 30 accountancy firm show insolvency rates within the restaurant sector have risen by 35% year on year.

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