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

UK Personal finances are in a critical state. 4th February 2019. There are many signs in the news showing UK Personal finances are in a critical state. 1. Personal insolvencies hit seven-year high The crisis of UK Personal finances is

Scottish business insolvencies up 21% 29/1/19. Yesterday we briefly commented on this but given its seriousness we wanted to write further. Analysts estimate that as many as 20 Scottish businesses will fold every week in 2019, as new statistics show

Patisserie Valerie enters administration. 29/1/2019. Patisserie Valerie has entered administration after the failure of rescue talks with banks. The cake chain, which is unable to pay its debts, reported uncovering “significant, and potentially fraudulent, accounting irregularities” in October, with a

Oddbins on the brink of collapse. 29/1/2019. Oddbins on the brink of collapse . More than 500 jobs are at risk as Oddbins faces collapse for the second time in less than ten years. Its owner, European Food Brokers, has