Business Insights

Casual dining sector hit with 1,123 businesses filing for insolvency in the first three-quarters of 2018.

Analysis from a top 30 accountancy firm show insolvency rates within the restaurant sector have risen by 35% year on year.

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R3 calls for insolvency reform to enhance UK’s insolvency position

Corporate insolvency reform is needed to boost the UK’s position in the World Bank’s insolvency rankings, according to R3.

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Insolvency risk levels plateau for North East firms

Insolvency risk levels for North Eastern retailers plateaued throughout the third quarter, providing firms with a glimmer of hope ahead of the Christmas trading period.

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Company insolvencies surge in third quarter of 2018

Company insolvencies surged by nearly 20% in the third quarter of 2018 when compared to the same period a year ago, new figures show.

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Mounting financial pressures hit the retail and restaurant sectors

High street behemoth Debenhams has announced plans to shut up to 50 stores, and while the firm’s chief executive has insisted the business remains profitable, it is reflective of growing pressure on high street retailers.

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