News


Losses Worth £3m Force Hull Construction Firm into Administration

Monday 16th January, 2017 Written by Keith Tully

A construction business based in the Yorkshire city of Hull has been forced into administration after suffering sizable losses in recent quarters.

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HMRC Highlights Worst Excuses Given By Employers Caught Paying Less Than Minimum Wage

Thursday 12th January, 2017 Written by Keith Tully

A list of the 10 most curious and least persuasive excuses given by employers for failing to pay their staff the National Minimum Wage has been published by HM Revenue & Customs (HMRC).

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West Midlands Manufacturer Colson Castors Calls in Administrators

Friday 6th January, 2017 Written by Keith Tully

Colson Castors and Colson International has been entered into administration after being unable to maintain a viable financial position in recent weeks.

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All Leisure Holidays Stops Trading and Calls in Administrators

Wednesday 4th January, 2017 Written by Keith Tully

The travel and package getaways company All Leisure Holidays has stopped trading and called in administrators after succumbing to financial crisis.

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Insolvency Trade Body Reports Rise in ‘Zombie Businesses’

Tuesday 20th December, 2016 Written by Keith Tully

The number of British businesses surviving by only paying off the interest amounts on their outstanding debts rose sharply in recent quarters.

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Transport Sector Rated as North West’s Most Distressed Industry

Tuesday 20th December, 2016 Written by Keith Tully

The transport sector has become the North West of England’s most financially distressed field of operations.

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120 Jobs Go as Laundry Company in Eastbourne Enters Administration

Monday 19th December, 2016 Written by Keith Tully

A laundry services company based in Eastbourne has been forced to call in administrators after being unable to remain solvent amid financial pressures on its south coast operations.

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London Welsh Rugby Club Enters Voluntary Liquidation

Wednesday 7th December, 2016 Written by Keith Tully

The rugby club London Welsh has entered voluntary liquidation after its directors and chairman accepted that their business model had become fundamentally unsustainable.

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York-based Taxi Firm Six Five Nine Cars Entered into Administration

Thursday 1st December, 2016 Written by Keith Tully

One of the largest taxi firms operating in the city of York has been entered into administration after succumbing to persistent financial pressures and a cash flow crisis in recent weeks.

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Autumn Statement 2016 – What it means for UK businesses

Wednesday 23rd November, 2016 Written by Claire Januszewski

Philip Hammond has presented the Autumn Statement, his first major task as Chancellor. Here's a summary of what the Statement means for UK businesses.

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