HMRC’s Asset Seizure Rates ‘Up Sharply’ As UK Companies Struggle to Settle Debts

Tuesday 13th September, 2016 Written by Keith Tully

The frequency with which HM Revenue & Customs (HMRC) is stepping in to seize assets of companies who are heavily in debt increased sharply over the past year.

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The Restaurant Group to Dispose of 33 Outlets and Swallow £59.1m Exceptional Charge

Tuesday 6th September, 2016 Written by Keith Tully

The Restaurant Group, which owns hundreds of branded eateries around the UK, is to close or sell 33 of its outlets after a review of its nationwide operating strategy.

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Liverpool-based Bay TV Entered into Administration

Monday 5th September, 2016 Written by Keith Tully

A television company has been entered into administration after succumbing to financial pressures over the past several months.

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Big Four Supermarkets All Report Dips in Summer Sale

Wednesday 24th August, 2016 Written by Keith Tully

The four largest supermarket chains in the UK all saw their sales levels fall on a year-to-year comparative basis during the recent summer months.

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Latest Output Data Shows UK’s Service Sector Struggling

Thursday 4th August, 2016 Written by Keith Tully

Activity within the UK’s service sector contracted during July after having expanded consistently every month over the course of the past three and a half years.

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July Data Shows Sharp Downturn in UK Economic Activity

Friday 22nd July, 2016 Written by Keith Tully

Data relating to economic output and activity during July suggests that optimism and ordering levels among British businesses have both taken a steep downward turn in recent weeks.

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Cash Flow Crisis Sees Administrators Called in at Scottish Building Firm

Thursday 21st July, 2016 Written by Keith Tully

Administrators have been called in to manage the affairs of the Dunne Group, a Scotland-based construction company with hundreds of employees in the UK.

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UK Business Sentiment ‘Collapsed’ After Brexit Vote, says Credit Suisse

Wednesday 13th July, 2016 Written by Keith Tully

Sentiment among big businesses with operations in the UK has plummeted to unprecedented lows in the wake of the UK-wide referendum on Britain’s membership of the EU.

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Food and Drink Industry Calls on Government to Scrap Sugar Tax Plans

Tuesday 12th July, 2016 Written by Keith Tully

The Food and Drink Federation (FDF) is calling on the government to scrap its plans to introduce a so-called sugar tax in the UK.

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Sainsbury’s to Close British Netto Stores and End Joint Venture Operation

Tuesday 5th July, 2016 Written by Keith Tully

Sainsbury’s has said it will close the 16 British Netto stores it has been operating on the basis of a joint venture with a Danish supermarket group called Dansk Supermarked.

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