Interserve agrees terms with creditors

CPA Blog
Interserve agrees terms with creditors. 13th February 2019. Last week Interserve announced it had agreed terms with its creditors. Debbie White, CEO of Interserve, said: “Agreeing the key commercial terms of the deleveraging plan with our lenders, bonding providers and
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Oddbins enters administration

Business
Oddbins enters administration 4th February 2019 Oddbins enters administration Last week we reported Oddbins was on the brink, now it has gone. The owners of UK wine chain Oddbins have called in administrators to handle the firm’s retail operation until a buyer
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Number of businesses in critical distress soars

CPA Blog
Number of businesses in critical distress soars. 4th February 2019. More critically distressed UK businesses The number of British businesses in critical distress leapt up by 25% in the last quarter of 2018 according to new data from Red Flag
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All Build UK contractors miss 30-day payment target again

Business
All Build UK contractors miss 30-day payment target again. 4th February 2018. Build UK is the leading representative organisation for the UK construction industry. By bringing together Clients, Main Contractors, Trade Associations representing over 11,500 Specialist Contractors and other organisations
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AAT piles on pressure for late payment reform

Business
AAT piles on pressure for late payment reform. 31st January 2019. The Association of Accounting Technicians (AAT) yesterday wrote to the Government Minister responsible for dealing with late payment legislation to highlight the wealth of support that exists for proposed
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