Eddie Stobart rescue deal backed by shareholders . 9th December 2019. James Salmon, Operations Director. Back in August trading in Eddie Stobart was suspended after a £2 million accounting error was discovered, inflating profits. Private equity firm DBAY Advisors then

Insolvencies of pub and bar companies jumps 13%. 28th November 2019. James Salmon, Operations Director. 530 pub and bar companies have gone bust this year, jumping from 13% from 470 in the previous period. The figure, looks at the year

What Is a Winding Up Order or Petition by Creditors? 19th November 2019. James Salmon, Operations Director. A winding up order is a court order that forces an insolvent company into compulsory liquidation – a process in which the court

Manufacturing insolvencies hit 5 year peak and other business news 19th November 2019. James Salmon, Operations Director. Manufacturing insolvencies, the minimum wage, politicians attempt to woo business, restaurants serve up a loss, Brits are top Xmas spenders, Economy set for

Does British Steel have a saviour? 6th November 2019. James Salmon, Operations Director. According to reports, British Steel has saviour lined up in Chinese company, Jingye Group. The Chinese company hopes to strike a deal to take over the failed