News Centre

Moorfields appointed over former care home in Worcestershire

Simon Thomas and Arron Kendall of leading restructuring and insolvency firm, Moorfields were appointed administrators over Orchard House on 29 April 2016.

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Moorfields appointed Administrators over rail and signalling engineering company

Simon Thomas and Arron Kendall of leading restructuring and insolvency firm, Moorfields were appointed administrators over Lionverge Civils Limited on 29th April 2016.

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Late payments are ‘endemic’ to UK business landscape

A new study claims that late payments to SMEs are endemic in the UK business ecosystem.

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Are SMEs becoming too risk averse to seek funding?

A new report suggests that a ‘non-borrowing culture’ is growing among small and medium businesses in the UK.

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Only a quarter of SMEs routinely conduct risk assessments when employees travel

Just one in four SMEs say they only conduct risk assessments if an employee is travelling to an area deemed particularly high risk, according to a new study.

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Small businesses are sceptical on alternative payment services

The majority of small business owners still rely on banks for their payment services, a new survey has found. Many said they were sceptical of, or didn’t entirely trust, alternative payment providers.

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Digital divide could be holding back the UK economy

Nearly half of UK businesses could be in danger of falling behind as they fail to adopt digital technologies, according to a new report.

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Overdue business payments reach a two-year high

The number of late payments owed to businesses in the UK has hit a two-year high, according to a new report.

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Record levels of UK businesses are interested in exporting

A record number of UK businesses have registered interest in exporting via government-brokered opportunities, it has been revealed.

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HSBC sets up £10 billion funding pot for SME support

HSBC is to commit at least £10 billion in loans to small and medium businesses this year. This is the bank’s largest funding package for SMEs to date, topping the fund of just more than £8 billion it announced a year ago.

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Small businesses face twice the wait to get paid

SMEs in the UK are being forced to wait almost twice as long for invoices to be paid than larger companies, according to a new study.

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Half of UK SMEs are frustrated by delayed bank payments

Nearly half of UK small and medium businesses say they are frustrated by delayed payments reaching their bank accounts. 48% of SMEs surveyed by YouGov and ACI Worldwide said they had been frustrated by delayed payments and the study also found that this had negatively impacted the ability of SMEs to conduct their businesses successfully.

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New PSC legislation comes into force

The Small Business, Enterprise and Employment Act 2015 received Royal Assent in March 2016. The Act had various implications for businesses, which were due to be implemented in staggered stages.

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60% of women want to start their own business

Nearly two thirds of women in the UK would ideally like to start their own business, a new survey has found. The poll, by Avon, found that 60% of women wanted to run their own business as they felt it would improve their own work/life balance.

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Supermarket price wars see insolvencies triple for food producers

The number of food producers entering into insolvency in the UK has more than tripled over the past five years, according to a new report. And supermarket price wars have been named as a contributory factor.

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Examining the importance of reputational risk for SMEs

Many small and medium sized businesses in the UK are ignoring or under-estimating the potential risks of reputational damage. That’s according to The Chartered Insurance Institute (CII), which claims that brokers should "become far more proactive" when discussing reputational risks with their clients.

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Half of small businesses experience crime but many don’t report it

A new report by the Federation of Small Businesses (FSB) has revealed that a large proportion of smaller businesses fail to report crimes because they do not believe that doing so would lead to a successful prosecution.

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Moorfields appointed receivers over Grade I listed fort on the Isle of Wight

Leading Property specialists Arron Kendall and Simon Thomas of restructuring and insolvency firm Moorfields, was appointed joint receivers over Golden Hill Fort on 7 April 2016.

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Moorfields appointed over business and Grade II listed building in Gloucestershire

Property specialist Arron Kendall and Simon Thomas of leading restructuring and insolvency firm Moorfields, was appointed join receivers over Brockworth Court in Gloucestershire on 7 April 2016.

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HMRC assessed in new ‘administrative burdens’ report

The Administrative Burdens Advisory Board (ABAB) has analysed HMRC’s levels of service as well as expressing concerns about the Making Tax Digital process in its latest annual report.

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Crowdfunded businesses give up more than 10% of their equity

Start-ups and other businesses looking to crowdsource funding typically have to give away 12.4% of their equity to investors, a new report has found.

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Moorfields announces rebrand reflecting focus on client needs

Moorfields, a London based business specialising in restructuring, refinancing and insolvency announced today that it has undergone a brand refresh that emphasises its principal focus on clients needs.

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What are the top risks faced by global businesses?

The top three risks faced by firms are business and supply chain interruption, market developments and cyber incidents. That’s according to the Allianz Risk Barometer 2016, which surveyed more than 800 risk managers and insurance experts from over 40 different countries.

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Lending to SMEs increases but problems remain

Lending to non-financial SMEs grew by £0.7 billion in February, according to figures released by the Bank of England. This is a sharp rise from the average monthly increase of £0.2 billion seen over the previous six months.

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SMEs reveal widespread marketing concerns

Marketing is often one of the weakest parts of a small business’ operations and many SMEs find it difficult to cover the many different aspects of modern marketing, according to a new study.

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Living with the National Living Wage

The new National Living Wage means all businesses must pay employees aged 25 or over a minimum of £7.20 per hour. Employees aged under 25 are still covered by the National Minimum Wage.

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