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Est. 1989

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Close to Half a Million UK Companies in ‘Significant Financial Distress’

Sunday 28th April, 2019 Written by Keith Tully

As many as 484,000 British businesses were in a state of significant financial distress after the first three months of this year.

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Company Administrations Up to Highest Level in 5 Years

Saturday 27th April, 2019 Written by Keith Tully

The number of company administrations recorded in England and Wales during the first three months of 2019 was up sharply as compared with the previous quarter and the first three months of last year.

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Sainsbury’s, Asda Merger Plan Blocked by Regulators

Thursday 25th April, 2019 Written by Keith Tully

Plans that would’ve seen two of the UK largest supermarket chains merged into a single business have been knocked back by regulators.

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Debenhams Could Close 20 Stores as Part of CVA Plan

Wednesday 24th April, 2019 Written by Keith Tully

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Cost Pressures Forcing Hundreds of Pubs Out of Business

Tuesday 23rd April, 2019 Written by Keith Tully

Mounting cost pressures helped to force hundreds of pubs out of business across Britain over the course of last year.

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HMRC ‘Being too Aggressive’ in Efforts to See Indebted Companies Closed Down

Wednesday 17th April, 2019 Written by Keith Tully

HMRC applied to see more than 4,000 UK companies closed down over the course of 2018 and is being too aggressive in its pursuit of tax-related debts.

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High Streets Saw Sharpest Net Closure Rates on Record in 2018

Friday 12th April, 2019 Written by Keith Tully

British high streets saw the sharpest rate of net store closures on record over the course of last year, according to a new set of figures.

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Debenhams Enters Administration After Rejecting Last-minute Rescue Bid

Tuesday 9th April, 2019 Written by Keith Tully

The group that owns the department store chain Debenhams has been taken over by its creditors after its board rejected a last-ditch rescue bid from one of its main shareholders.

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Small Firms ‘Lack Resources to Prepare for No Deal Brexit’

Thursday 21st March, 2019 Written by Keith Tully

A significant proportion of small businesses around the UK lack the resources or the capacity to prepare themselves for the potential ramifications of a No Deal Brexit.

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