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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.

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CBI 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.

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Debt 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.

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Business 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.

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May’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.

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Business 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.

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Business 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.

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HMRC 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.

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Evictions 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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