News


Sharp Rise in Football League Clubs ‘Showing Early Signs of Financial Distress’

Thursday 3rd June, 2021 Written by Keith Tully

There has been a sharp rise in the number of English Football League (EFL) clubs showing early signs of financial distress as of May 2021 and compared with the same point in 2020.

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Retailers’ Rental Debts Worth Almost £3bn, says BRC

Tuesday 1st June, 2021 Written by Keith Tully

Retailers across the UK have collectively accumulated rental debt worth as much as £2.9 billion, according to the British Retail Consortium (BRC).

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M&S Posts Annual Loss of £201m, Steps Up Store Closure Plans

Wednesday 26th May, 2021 Written by Keith Tully

Marks & Spencer (M&S) has posted annual losses worth just over £200 million for the full year to April 2021, with its operations having been hindered very significantly by the Covid pandemic.

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Wave of Insolvencies Forecast When Winding Up Petitions Return

Friday 21st May, 2021 Written by Keith Tully

A wave of business insolvencies is expected to hit the UK this summer when a ban on winding-up petitions comes to an end in July.

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Exodus of Overseas Workers Could Leave UK Companies Facing Labour Shortages

Tuesday 18th May, 2021 Written by Keith Tully

Labour shortages could be a feature of the UK’s recovery from the Covid crisis in the coming months, according to employment experts.

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HMRC Warns Businesses to Look Out for Mini Umbrella Company Fraud

Thursday 13th May, 2021 Written by Keith Tully

The government and HMRC have issued a warning to businesses to be on the lookout for operators within their supply chains who may be committing fraud via the use of mini umbrella companies.

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Retailers Demand Protections to Tackle £3bn of Commercial Rent Arrears

Wednesday 12th May, 2021 Written by Keith Tully

The British Retailer Consortium (BRC) is arguing for the creation of a new arbitration process to help find a solution to the issue of billions of pounds being owed.

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Rent Debt ‘Threatens Thousands of Hospitality Businesses’

Thursday 6th May, 2021 Written by Keith Tully

The billions of pounds owed as rent to commercial property landlords by their hospitality sector tenants threatens the futures of thousands of businesses across the country.

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The Business Distress Index Q1 2021

Thursday 29th April, 2021 Written by Keith Tully

The latest Business Distress Index data from RealBusinessRescue.co.uk has revealed the number of SMEs in significant distress* now stands at 713,505; an increase of 93,291 in Q1 2021, putting over 3.2

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