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News


Corporate Insolvencies Rising at Fastest Pace in Almost a Decade

Friday 26th October, 2018 Written by Keith Tully

The number of companies entering insolvency increased at the sharpest pace recorded since 2009 during the third quarter of this year.

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Debenhams to Close 50 Stores After Posting Huge Annual Losses

Thursday 25th October, 2018 Written by Keith Tully

The 240-year-old department store chain Debenhams has said it will close up to 50 stores within its UK portfolio over the course of the next three to five years.

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Fashion Retailer Coast to Close Stores after Entering Administration

Friday 12th October, 2018 Written by Keith Tully

The fashion retailer Coast has entered into administration and is to close its 24 stores across the UK, with around 300 people to lose their jobs as a consequence.

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Patisserie Valerie in Crisis After Being Hit By HMRC Winding Up Petition

Thursday 11th October, 2018 Written by Keith Tully

The owners of the café chain business Patisserie Valerie is in the midst of a very serious financial crisis and on the brink of collapse after having received a winding up petition from HMRC.

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Brexit Uncertainty ‘Starting to Bite’ for UK Businesses, Says BCC

Tuesday 9th October, 2018 Written by Keith Tully

Ongoing uncertainty around the potential nature and ramifications of the UK’s departure from the European Union are “starting to bite”.

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Government Plans Could See Company Board Members Appointed Responsible for Late Payments

Wednesday 3rd October, 2018 Written by Keith Tully

The government has said that it could soon oblige big companies to appoint board members as being responsible for dealing with issues around late payments within their supply chains.

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Passengers Left Stranded as Primera Air Ceases Operations

Tuesday 2nd October, 2018 Written by Keith Tully

Passengers have been left uncertain of how they’ll get home from Europe and elsewhere as the airline company Primera Air announced it was to cease trading.

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No Deal Brexit Could Cost UK’s Food Retailers £9.3bn, Says Barclays

Thursday 27th September, 2018 Written by Keith Tully

British food retailers could face costs of close to £9.3 billion if there is no formal Brexit deal agreed between the UK and the EU in the coming months.

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Labour Reveals Plans for Free Wi-Fi as it Aims to ‘Rescue the British High Street’

Wednesday 26th September, 2018 Written by Keith Tully

The Labour Party’s shadow business secretary Rebecca Long-Bailey has revealed a series of proposals designed to breathe fresh life into high streets across the UK.

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