News Centre

Company insolvency rates fall to record low

Levels of company insolvencies are at a record low in England and Wales, according to Insolvency Service figures for the second quarter.

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Why SMEs need to prioritise tackling debt

Small businesses often operate on very tight margins and that means that some level of debt is highly likely – however without the correct management those debts can spiral, leaving a firm in difficulty.

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Small businesses struggle without procurement

Having a procurement function forms an essential part of business for small firms, just as much as large corporates, according to new research.

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Work-related injuries surge more than 40% in five years

Work-related injuries have surged in the past five years, according to new research from Simply Business.

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Fear of failure holding back UK’s aspiring entrepreneurs

Financial pressures and a fear of failure are holding back the UK’s entrepreneurs, despite rising business confidence across the nation.

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Accessing working capital tough for UK small businesses

Having working capital available is an essential part of any business, especially when it comes to having the finances to drive growth.

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Insolvency Service aims to increase returns for creditors

The Government has focused on returning greater funds to creditors when dealing with the winding up of struggling firms.

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Insolvency risk rises for North West businesses

More North West businesses are at risk of insolvency than at the turn of the year, as many struggle to overcome economic and political uncertainty, new research shows.

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Masco Limited Liquidators near an agreement to allow a continued supply of Kymco Motorcyles to the UK

Joint Liquidators Simon Thomas and Nicholas O’Reilly of Moorfields Advisory Limited have issued the following statement:

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Leading Restructuring and Insolvency experts Moorfields Advisory appointed Administrators over bespoke high-end tailors

Simon Thomas and Arron Kendall of leading restructuring and insolvency firm, Moorfields Advisory, have been appointed joint administrators over high-end tailor English Cut Limited on 31st July 2017.

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Delayed investments and rising bad debts concern SMEs

Rising levels of bad debt and delayed investment could signal the start of a downturn for the UK’s small businesses, new research claims.

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Small businesses face £2 billion bill for chasing late payments

The late payment crisis in the UK is costing the UK’s small businesses more than £2 billion, according to new figures.

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Small business boost as government delays Making Tax Digital

The Government has pushed back on proposals for its Making Tax Digital scheme, meaning small businesses have more time to prepare.

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Supplier failure impeding small businesses

Poor supplier management and security issues are holding back UK businesses, according to a new study into business practices.

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How to face up to potential insolvency

Accepting that a business may be insolvent is a difficult step for any business owner, but it is a step that forms an essential part of the process.

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One in ten workers considering setting up ‘safety net’ businesses

A significant portion of the UK workforce intend to set up their own business in the next 12 months in a bid to combat uncertainty in the market.

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Late payments hit small business export potential

British businesses are being hit hard by late payment practices and reductions in working capital, new research has revealed.

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Business output on verge of contraction

The UK’s business output is on the verge of contraction, according to a new report focusing on potential new business deals.

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Business cyber-attacks double in second quarter

The number of cyber-attacks on UK businesses more than doubled in the second quarter, as the average firm was targeted around 65,000 times.

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Location choices could be limiting SME growth

Business clusters across the UK are thriving, but the majority of small businesses are not taking advantage, according to new research.

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Small business confidence takes second quarter hit

Confidence among the UK’s network of small businesses took a hit in the second quarter, according to new figures from the Federation of Small Businesses.

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East of England businesses face debt risks

Businesses in the East of England are treading a tight rope with their finances, according to the latest figures from insolvency and restructuring trade body R3.

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Staff health issues leave businesses counting the cost

Firms are losing one month of productive work every year as a result of employee health issues, according to new research.

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