Companies in Significant Financial Distress ‘Up 24% on Last Year’
Wednesday 28th July, 2021 Written by Keith Tully
The number of UK companies in positions of ‘significant financial distress’ were up 24 per cent at the end of the June 2021, as compared to the same point of last year.
Read MoreCBI Calls for Immediate Rethink of Self-Isolation Rules
Thursday 22nd July, 2021 Written by Keith Tully
The Confederation of British Industry (CBI) has called for an “immediate rethink on self-isolation rules” to help businesses manage their workforces as the economy reopens and recovers.
Read MoreDebt Levels Leave High Streets Facing ‘Tsunami of Closures’
Tuesday 20th July, 2021 Written by Keith Tully
The scale of debt accumulated by small businesses during the pandemic has left high streets across the UK potentially facing the prospect of a “tsunami of closures” in the coming months.
Read MoreBusiness Failures Expected to Rise in Hospitality Sector
Wednesday 14th July, 2021 Written by Keith Tully
MPs have been told that the hospitality sector could see a notable rise in insolvency cases in the coming months unless more financial support and protections can be provided to them.
Read MoreMay’s GDP Growth Down on Expectations
Monday 12th July, 2021 Written by Keith Tully
The rate of growth across the UK economy slowed down in May and was below the expectations of leading economists.
Read MoreBusiness Groups Call for Clarity as England Prepares to Reopen
Wednesday 7th July, 2021 Written by Keith Tully
Several business groups have called on the government to provide a greater degree of clarity about its plans for relevant policies when Covid restrictions are lifted in England from July 19th.
Read MoreBusiness Conditions Improving But Inflation Concerns on the Rise
Friday 2nd July, 2021 Written by Keith Tully
Operating conditions for businesses across the UK improved notably in the second quarter of 2021 but concerns about inflation increased sharply during the same period.
Read MoreHMRC to ‘Go Easy on Debtors’ During Covid Recovery
Thursday 24th June, 2021 Written by Keith Tully
The government has indicated that HMRC will adopt a “cautious approach” to recovering debts from companies that have struggled to pay their taxes during the Covid pandemic.
Read MoreEvictions Ban on Commercial Properties Extended Until March 2022
Friday 18th June, 2021 Written by Keith Tully
The government has announced that an eviction ban within the commercial property sector will remain in place until March 25th 2022.
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