Cotswold Outdoor has CVA application approved

Business
Cotswold Outdoor has CVA application approved. 14th May 2019. The group behind Cotswold Outdoor, Outdoor and Cycle Concepts (O&CC), is moving forward with a CVA after creditors backed a plan that will see stores close and applications for rent reductions
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Small business insolvencies on the rise

credit management
Small business insolvencies on the rise. 14/05/2019. Small businesses are increasingly struggling to survive amid challenges caused by difficult market conditions and late payments. New statistics from the Insolvency Service reveal that 4,187 small and medium-sized enterprises became insolvent between
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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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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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More retail CVAs expected in 2019

Business
More retail CVAs expected in 2019 8th May 2019 Shopping centre owner Intu is expecting a rise in retail CVAs, saying it is expecting the number of retailers seeking out company voluntary arrangements to rise over the next seven months,
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