News Centre

SME confidence slowly returns but risks remain

The UK’s small businesses are planning to invest in the opening quarter of 2018, as confidence in market conditions slowly returns.

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Personal insolvencies rise in fourth quarter of 2017

Nearly 25,000 individuals entered into personal insolvency processes in the final three months of 2017, according to new figures.

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Insolvency cases rose in 2017

The underlying total of company insolvencies rose in 2017, with an 8.2% surge in creditors’ voluntary liquidations a key reason.

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Spiralling operating costs behind rise in insolvency says FSB

A drastic rise in operating costs is behind the rising number of company insolvencies that was noted in 2017, the Federation of Small Businesses has said.

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Small business commissioner steps up focus on late payments

The small business commissioner has taken another step towards reducing late payment practices in the UK.

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Bad management forces talented staff away from SMEs

Bad management practices are driving talented employees away from the workplace according to new research, and at a time when firms can ill-afford to lose staff.

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Small firms hugely underprepared for sudden shocks

The UK’s small businesses are woefully underprepared should something go wrong with their operations, new research suggests.

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Small firms confident of overcoming 2018 challenges

Small business owners remain confident in their ability to do business in the UK, despite the plethora of challenges they currently face, new research shows.

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Unpaid tax and VAT mounts as SMEs reveal cash flow struggles

HM Revenue and Customs is owed £4.37 billion in unpaid VAT and Corporation Tax, new figures have revealed.

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North East sees surge in insolvency risk levels

More businesses in the North East are facing up to a heightened risk of insolvency than a year ago, new figures show.

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Future secured for students as Moorfields find buyer for London Creative College

Moorfields complete rapid rescue of College

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Collapse of Carillion hits small businesses hard

Thousands of small businesses, as well as banks and engineering firms, stand to lose around £4 billion following the compulsory liquidation of building giant Carillion.

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Tax complexities trouble UK SMEs

A growing number of UK businesses are failing due to debts owed to HMRC, new figures show.

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Demand for business finance set to rise in 2018

Small businesses are expected to demand growing access to alternative finance options in 2018, echoing a trend noted in 2017.

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Small firms express data protection regulation concerns

The implementation date for new General Data Protection Regulation is just months away yet new research suggests many small firms lack awareness over how it will work.

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MOORFIELDS ADVISORY APPOINTED RECEIVERS OVER INDUSTRIAL UNITS AND LAND IN COVENTRY

Property specialists Simon Thomas and Arron Kendall have been appointed joint receivers over an industrial property and land in Coventry on 28th July 2017.

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Construction suppliers call for action on retentions

Construction suppliers are urging the government to take action on late payments in the sector claiming it is harming investment, slowing completions and putting small firms under extreme financial pressure.

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Rising fuel costs a concern for small UK firms

Small businesses are facing increasing financial pressures as fuel prices continue to rise, according to a leading business group.

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Small business confidence shows no sign of improvement

Rising operating costs, low levels of domestic growth and reduced consumer demand mean small business confidence is continuing to plummet.

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UK late payment situation worsening

The UK’s late payment culture worsened in 2017, as more invoices were paid late than in the previous year, new research shows.

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UK construction sector fails to meet expectations

The construction sector performed below expectations in December, with anticipated growth at its lowest level for approaching five years.

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Yorkshire tech firms see insolvency risks mountYorkshire tech firms see insolvency risks mount

More than 40% of technology businesses in Yorkshire are facing an above average risk of insolvency, according to the latest figures from R3.

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Small business owners kept awake by cash flow concerns

Nearly two thirds of small business owners are kept awake at night by cash flow concerns, new research has revealed.

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Small businesses warned to be watchful of the weather

Poor winter weather conditions leave small businesses facing heightened levels of risk, according to new data from Zurich.

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MOORFIELDS ADVISORY APPOINTED ADMINISTRATORS OVER DEVELOPMENT NEAR HEMEL HEMPSTEAD

Property specialists Arron Kendall and Simon Thomas have been appointed joint administrators over TG Flaunden Limited on 4th September 2017.

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Company filings reveal late payments still a major issue

The vast majority of businesses take longer than 30 days to pay their suppliers, according to an analysis of company filings.

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