Business Insights

High street shop closures highlight retail struggles

High street shops closed at a rate of nearly 14 a day in the first half of 2018, according to a new study.

Read more

Outstanding VAT owed to HMRC continues to rise

UK businesses owed £3 Billion in outstanding VAT to HMRC during the 2017‐2018 financial year, according to new figures from Funding Options.

Read more

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.

Read more

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.

Read more

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.

Read more