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

49% of small business owners regret their attitude towards cashflow Nearly half of business owners regret their attitude towards cashflow, fearing  they’ve held back their business by having a naive attitude during their company’s infancy. Almost two-thirds (64%) of those

10k cyber-attacks a day on small firms The Federation of Small Businesses (FSB) has said that the UK’s small companies are collectively subject to almost 10,000 cyber-attacks a day. In a report, the FSB said that one in five small