High street suffers while online sales soar 9th August 2019. BDO’s latest high street sales tracker reveals that like-for-like sales in the UK’s high street stores were subdued last month, rising by 0.1%, and putting increased pressure on embattled retailers.

PM is urged to act on late payments 8th August 2019. The latest Independent Chartered Accountants of England and Wales (ICAEW) Business Confidence Monitor shows that nearly a quarter (24%) of SMEs say late payments are a bigger issue than

Personal Insolvencies rise in Q2 8th August 2019. Analysis of Insolvency Service data by RSM shows that under-25s make up 6.5% of all personal insolvencies, compared to 1% three years ago. Q2 2019 saw a total of 31,000 people declare

Boohoo buys Karen Millen and Coast in pre-pack administration 7th August 2019. Boohoo.com has bought the online business and intellectual property of Karen Millen and Coast in a £18.2m pre-pack administration, with more than 200 stores set to close. Administrators

Scottish insolvencies climb 45% as distressed businesses face ‘toxic mix’ of issues 7th August 2019 Analysis from KPMG shows that Scottish insolvencies have risen by more than 45%, with 698 corporate insolvency appointments in the six months to June. This