Dawnus collapse sparks questions

Business
Dawnus collapse sparks questions. 13/05/2019. Auditors for Powys County Council in Wales say that the government should have done more to warn local authorities about financial problems at construction firm Dawnus. Business representatives have urged stronger government protections to ensure
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Paying late is “crack cocaine” to big business.

Business
Paying late is “crack cocaine” to big business. 10th May 2019. Duncan Swift has been appointed as the  new president of R3,  the trade association for the UK’s insolvency and restructuring professionals and has said that large businesses are treating
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Bank lending to SMEs on decline

Business
Bank lending to SMEs on decline. 09/05/2019. Research published by Oxford Economics indicates that lending by banks to small businesses has fallen by 3% since 2015, despite credit provision to large companies having increased by 43%. According to the study
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DHL working hard on Late Payments

Business
DHL working hard on Late Payments. 9th May 2019. DHL says it is “working hard to resolve the issue” after it was removed from the government’s Prompt Payment Code for failing to pay suppliers on time. The Prompt Payment Code
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KPMG in zombie warning

Business
KPMG in zombie warning. 8th May 2019. Accountancy giant KPMG has issued a “zombie warning” regarding failing businesses, saying . “the rise of zombie firms in the UK could spell trouble ahead” Analysis from KPMG suggests that underperforming businesses are
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