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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.

With fears that the UK could take at least a decade to regain its recently downgraded AAA credit rating, businesses in Britain could continue to face barriers to growth amidst a challenging economic environment.

Simon Thomas and Shelley Bullman of leading insolvency and restructuring firm Moorfields Corporate Recovery LLP have been appointed administrators over St Vincent St (491) Ltd (SVS) on 14th February 2013.

The collapse of high street chains such as Comet, HMV and Blockbuster have served to demonstrate that even established brands are not secure within the current financial climate.

When a company finds itself in serious financial difficulty, they have serious questions that they need to face up to. The most sensible option regarding what to do next may be to call in specialist insolvency practitioners to confront the challenges ahead.

Bank of England (BoE) policy-maker David Miles has argued that the BoE may need to contemplate boosting its programme of quantitative easing by a further £175 billion in an effort to bolster the UK’s sluggish economy.

A new report on consumer spending power in 2013 has indicated that income growth remains weak as incomes struggle to keep pace with rising inflation levels

A strong finish to the year within the manufacturing sector has raised hopes that the industry could be poised to make a sustained and positive contribution to the UK economy.

Initial findings from a government-backed enterprise scheme have indicated that the benefits of the scheme to the wider economy could be potentially significant.

Plummeting winter temperatures have undeniably left their mark on retail spending in Britain. The number of new shoppers filling their baskets in January has fallen by 3.3% as snow and adverse weather conditions kept many consumers away from the UK high streets.

Small and medium-sized enterprises (SMEs) recorded a fall in both domestic and export orders in the three months to January, as they struggled to stimulate business growth against a backdrop of economic uncertainty.

The Bank of England (BoE) has today delivered another frustrating blow to the hopes of a UK economic recovery, as the growth forecast was marked down.

Simon Thomas and Shelley Bullman of leading insolvency and rescue firm Moorfields Corporate Recovery LLP have been appointed LPA receivers over properties located in Twickenham.

The latest business insolvency index produced by Experian has highlighted some surprising results in terms of the amount of company insolvencies recorded in the UK last year

Simon Thomas and Shelley Bullman of Moorfields Corporate Recovery LLP have been appointed LPA Receivers over a portfolio of properties in Coventry.