More UK firms in ‘significant distress’ 31st July 2019. The number of UK businesses facing ‘significant distress’ has increased, according to a new poll, with 14% of all UK businesses, or 484,000, indicating they were experiencing significant distress at the

Business News for those selling on Credit 30th July 2019. Threat of no-deal sends pound to 28-month low A hardening of rhetoric from the Boris Johnson government over Brexit pushed the pound to a 28-month low against the dollar on

Hammond urges ‘radical’ change on late payments. 26th July 2019. Philip Hammond, in one of his last interventions as Chancellor of the Exchequer, advocated for “radical cultural change” to stamp out the toxic business practice of late payments, as SMEs

Credit Management and the Current Political Crisis. 26th July 2019 – David Hawkins. No one can say these days that UK politics are boring. It seems almost certain, with Mr Johnson ensconced in No 10, that the political scene will

The Latest on some high profile CVAs. 24/7/2019. Bathstore On Monday it was reported that Bathstore were  in talks with home base. Homebase was reportedly close to buying bathroom chain Bathstore, which collapsed into administration last month. Talks over a