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Insolvency domino effect leaves one in four firms counting the cost

One in four UK businesses has faced financial setback as a result of insolvency elsewhere in the first six months of 2018, new figures show.

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North East insolvency risk surges in first half of 2018

The proportion of North Eastern businesses deemed to be facing an above average risk of insolvency has surged by 15% in the first half of 2018.

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MOORFIELDS APPOINTED ADMINISTRATORS OVER DIRECT MAIL COMPANY

Leading Restructuring and Advisory firm Moorfields Advisory have been appointed Administrators over Sunline Direct Mail Limited (“SDM”).

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Small businesses unprepared for supply chain threats

The vast majority of small businesses are woefully unprepared for disruptions that may result from cybercrime, severe weather and staff losses, new research shows.

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Late payment culture continues to plague UK small businesses

Late payments continue to blight small businesses across the UK, hitting supply chains and piling pressure on to their finances.

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Construction subcontractors write off thousands of bad debt annually

UK subcontractors are writing off thousands of pounds annually as a result of unpaid work, new figures show.

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Why cash flow management is vital for small businesses

Cash flow management forms an essential part of the current business climate, especially when business rates and operational costs continue to rise.

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CVA reform is needed states insolvency body R3

Urgent reform is needed to ensure the effectiveness of company voluntary arrangements, insolvency and restructuring trade body R3 has claimed.

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Small firms count the cost of offering limited payment options

Small businesses that limit their payment options could be losing out on £28.5 billion of potential revenue every year, new research has found.

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North West company growth slows

Business growth in the North West slowed in May, as the number of active businesses in the region declined, new figures show.

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Is a booming UK high street a thing of the past?

More high street shops are set to close their doors in 2018 than in any year in the last decade, according to new figures.

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Small firms could face staff cuts without finance

One in four small businesses have suggested they might need to cut staff numbers if they are unable to source finance, new research has found

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