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"The British Retail Consortium (BRC) has called on the government to introduce a freeze on Business Rate increases in April 2013 in an effort to re-establish growth and “re-build consumer confidence"" in the UK high street."

The Office for National Statistics (ONS) has revised its growth estimates for the first and third quarters of 2012. The ONS has suggested that the UK economy actually expanded by a figure of 0.2% last year, instead of the previous prediction that we would not see any growth at all.

In the current financial climate it can be difficult for struggling businesses to determine if they are running their operation as efficiently as possible.

Economic pressures are putting companies all over the UK under strain. A fall in consumer spending has hit a variety of businesses notably hard and there are numerous potential consequences in this situation.

Simon Thomas and Shelley Bullman both of leading restructuring and insolvency firm Moorfields Corporate Recovery LLP, have announced the successful sale of one of the UK’s largest manufacturers and suppliers of flexible and flex-rigid multilayer circuits, Teknoflex Ltd , which was placed into administration on Monday 14th January 2013.