Personal insolvencies soaring – and some recent business insolvencies you may have missed.

Insolvencies
Personal insolvencies soaring – and some recent business insolvencies you may have missed. 4th February 2020. James Salmon, Operations Director. Personal insolvencies soaring There were 122,181 personal insolvencies in England and Wales last year, according to figures from the Insolvency
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UK manufacturing exports fall despite strong demand for consumer goods.

Business
UK manufacturing exports fall despite strong demand for consumer goods. 3rd February 2020. James Salmon, Operations Director. UK exports fall in Q4 2019 amid slowing economic growth in key European markets Strong overseas demand for UK consumer goods softened the
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GDP forecasts increase as output surveys show fastest growth in 16 months.

Business
GDP forecasts increase as output surveys show fastest growth in 16 months.. 27th January 2020. James Salmon, Operations Director. Analysts revise GDP growth up The EY ITEM Club published an updated forecast for Britain’s economy predicting GDP growth of 1.2%
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Record number of firms are struggling

Business
Record number of firms are struggling. 27th January 2020. James Salmon, Operations Director. Record number of firms are struggling A new report from Begbies Traynor shows a record 494,000 UK businesses are in ‘significant financial distress’ with property, support services,
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Judge rules directors can’t escape creditors by purchasing company assets on the cheap

credit management
Judge rules directors can’t escape creditors by purchasing company assets on the cheap. 27th January 2020. James Salmon, Operations Director. Insolvency rules have been “re-written” after a judge ruled that “the duties owed by a director to the company and
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