UPDATE ON TOYS “R” US UK ADMINISTRATION PROCESS
Since their appointment as Joint Administrators of Toys “R” Us Limited (the “Company”) on 28 February 2018, Simon Thomas and Arron Kendall, partners in Moorfields Advisory Limited, have been seeking to secure a buyer for all or part of the business. Whilst this process has generated some interest, unfortunately it has not been possible to secure a sale.Read more>
UK has three million active businesses despite economic instability
There are now three million active businesses in the UK, the latest Entrepreneurs Index from Barclays and BGF has revealed.Read more>
How small businesses are keeping it in the family
Small businesses are more likely to seek help and advice from family members and friends than from a professional, a new survey has claimed.Read more>
Moorfields Appointed Administrators Over Leading European Provider of Elections
Simon Thomas and Nick O’Reilly of leading restructuring and insolvency firm, Moorfields Corporate Recovery Ltd, were appointed administrators over Electoral Reform International Services Limited (ERIS) on 19 November 2014.Read more>
Interest rate rise possibilities not a concern for SMEs
The prospect of an interest rate rise in 2015 is not a concern for the majority of the UK’s small businesses, new research has found.Read more>
Are younger firms more suited to exporting?
Small businesses that were set up at the height of the recession are more likely to start exporting in their first year than older businesses, Barclays has claimed.Read more>
How important is acting on instinct for small businesses?
For smaller businesses that lack suitable research means and sufficient customer data, making snap decisions can be an important part of business.Read more>
More than a third of SMEs declining to look overseas
More than a third of UK small businesses have no interest in overseas expansion despite the positive effects that such a move could have on a firm.Read more>
‘Super SMEs’ driving unprecedented job growth
High-growth small businesses (HSGBs) hired around 5,000 staff every week in 2013 despite making up just 1% of the business community, a new report has revealed.Read more>
Why being online is vital to small businesses at Christmas
Christmas is a matter of weeks away, but any small businesses in the UK that are not set for online sales could miss out on billions of pounds.Read more>
Why managing stress and mental health is vital for businesses
Mental health and stress issues are the biggest causes of mid and long-term absence from work, new research from Group Risk Development (GRiD) has shown.Read more>
Technological advancements to put one third of UK jobs at risk
Advances in technology could see one in three current job roles wiped out and replaced by computers or robots during the next 20 years, new research has claimed.Read more>
Moorfields appointed Administrators over Kent based Printing Company
Simon Thomas and Arron Kendall of leading restructuring and insolvency firm, Moorfields Corporate Recovery Ltd, were appointed administrators over Millnet Document Solutions Limited (“MDSL”) on 14 November 2014.Read more>
Tribunal rules overtime should count towards holiday pay
The Employment Appeal Tribunal has ruled that overtime should count towards holiday pay in a move that could potentially cost businesses billions of pounds.Read more>
One in five SMEs shrunk in third quarter reveals Zurich
The economy in the UK might be in a state of recovery but more than a fifth of small businesses shrunk in size during the third quarter, according to Zurich.Read more>
How real is the cyber attack threat?
Many businesses across the UK are facing the threat of cyber attack but lack the insight and means to tackle the issue, a new survey claims.Read more>
Are businesses aware of how to use financial insights?
Many companies seek assistance when it comes to making financial decisions but new research has suggested they may not be making the most of what they are told.Read more>
Is UK business productivity falling?
The revenue being generated per employee in the UK has fallen by nearly 25% in the past three years, according to a new report from PricewaterhouseCoopers (PwC).Read more>
Regional exports drive UK economy
A new survey has found that certain regions of the UK are boosting Britain’s exports, with firms in London leading the way.Read more>
Could slow adoption of smart technology harm UK businesses?
Slow adoption of smart technology in the UK could cost the economy nearly £10 billion during the next year, a new study has suggested.Read more>
Southern SMEs eye expansion as confidence grows
More than half a million small businesses in the South of England are planning to relocate or expand their business operations as confidence in the economy improves.Read more>
Why carry out a full strategic assessment?
Being aware of how a business is running is essential to ensuring costs do not mount up and that goals are met.Read more>
Could a lack of interruption insurance leave SMEs at risk?
A large proportion of UK SMEs could be left financially vulnerable should something disrupt their everyday business operations, new research has revealed.Read more>