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News


Interserve Agrees Rescue Deal to Avoid Carillion-style Collapse

Wednesday 6th February, 2019 Written by Keith Tully

The support services and construction giant Interserve has agreed a rescue deal with its creditors that is intended to stave off its potential collapse into administration.

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HMV Acquired out of Administration with 100 Stores Set to be Saved

Tuesday 5th February, 2019 Written by Keith Tully

HMV has been acquired out of administration by a Canadian business called Sunrise Records, which has put plans in place to save 100 of the company’s UK outlets.

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Prospect of No Deal Brexit puts Car Industry on ‘Red Alert’

Friday 1st February, 2019 Written by Keith Tully

The potential that the UK might withdraw from the European Union without a deal on its terms of exit has put the British car industry on “red alert”.

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Retail Sector Job Loss Estimates for 2018 Put at 70,000

Thursday 24th January, 2019 Written by Keith Tully

There were an estimated 70,000 jobs lost across the UK’s retail sector in 2018 during what was an extremely testing time for businesses within the industry.

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Only 57% of Companies Ready for ‘Making Tax Digital’ Deadline in April

Wednesday 23rd January, 2019 Written by Keith Tully

A very sizeable minority of UK companies are not yet ready to comply with HMRC’s rule changes relating to its ‘Making Tax Digital’ initiative.

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Businesses Raise Alarm over Lack of No Deal Brexit Preparedness

Tuesday 22nd January, 2019 Written by Keith Tully

British businesses and lobby groups representing them have raised major concerns about the extent to which enterprises are currently being left underprepared for a No Deal Brexit scenario.

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Small Business Lobby Calls for Crackdown on Late Payments a Year After Carillion’s Collapse

Thursday 17th January, 2019 Written by Keith Tully

The Federation of Small Businesses (FSB) has called on the government to do more to tackle the issue of late payments within the supply chains affecting small and medium-sized enterprises.

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Debenhams Could Close 90 Stores and Shed 10,000 Jobs

Wednesday 16th January, 2019 Written by Keith Tully

The department store business Debenhams could be set to close down 90 of its stores and shed as many as 10,000 jobs in the process, it has been reported.

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Retailers Endured Worst Christmas Trading Period in 10 Years, Says BRC

Thursday 10th January, 2019 Written by Keith Tully

The British Retail Consortium (BRC) has revealed that retailers across the UK experienced their least successful Christmas trading period since 2008 in terms of overall sales.

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