Business news affecting recent insolvencies and credit management 19th June 2019 Some days there is nothing in the news that overlaps with the world of credit management. Today is not one of those days. Today is such a busy day

UK businesses sitting on £600 billion in excess working capital. 20/06/2019. New research by Lloyds Bank has revealed that businesses could be sitting on £593bn in excess working capital, which could hamper growth and leave them exposed to economic uncertainty.

Government announces proposed new powers to tackle late payments. James Salmon, 20/06/2019. The Government has again made noises about trying to tackle late payments and break the cycle of the late payment culture in the UK with a range of

CVAs have led to 1,000 store closures 19th June 2019. A new study suggests the use of company voluntary agreements (CVAs) has led to the closure of almost 1,000 stores over the last two years. The research from global property

Arcadia avoids collapse as landlords back rescue plan. 13/6/2019. Sir Philip Green’s fashion empire lives to fight another day after it secured backing for its restructuring plan. Arcadia managed to convince more than three-quarters of its unsecured creditors – made