Updates on Headline Insolvencies 19/02/19.

Business
Updates on Headline Insolvencies 19/02/19. Six people face arrest over Patisserie Valerie fraud A report by PwC into the collapse at Patisserie Valerie highlights six individuals alleged to have signed fraudulent cheques and sent emails discussing fabricating invoices. One person
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Small business lending slows

Business
Small business lending slows. Operations Director, James Salmon, 19/02/2019. Small business lending slows as net lending to small businesses decreased by £200m last year whilst the growth of alternative forms of funding for SMEs also slowed, new studies indicate. According
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Scottish restaurant failures up nearly 90%

Business
Scottish restaurant failures up nearly 90%. James Salmon, 18/02/2019. Scottish restaurant failures are up nearly 90%. The number of Scottish restaurants going bust reached a record high last year, according to figures from the Insolvency Service. Statistics for 2018 shows
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BrightHouse to shut 30 stores and cut jobs

Business
BrightHouse to shut 30 stores and cut jobs The UK’s biggest rent-to-own provider, BrightHouse, is to close 30 stores across the country, at a cost of 350 jobs. Many people probably take it for granted that they can walk into
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Online-only retailers crashing too

Business
Online-only retailers crashing too. 13th February 2019. A total of 246 online-only retail businesses became insolvent in 2018! That represents a 19% increase on the previous year, 2017 and more than double the 120 that failed in 2010. The high
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