Store closures reach record high

Business
Store closures reach record high 12th September 2019. About 16 shops are closing every day as retailers restructure their businesses and more shopping moves online.   A net 1,234 stores shut on Britain’s top 500 high streets in the first
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Brexit blamed for a decline in the number of start-ups

Business
Brexit blamed for a decline in the number of start-ups 12th September 2019. Brexit uncertainty has been blamed for a 12.9% fall in the number of new UK start-ups last year.   The Enterprise Research Centre (ERC), a joint venture
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Pre-pack regulator ignored

Insolvencies
Pre-pack regulator ignored 10th September 2019. The regulator set up to review pre-pack administrations has seen the number of referrals coming to it fall by 10%. The Pre-Pack Pool should be examining the sale of companies to connected parties through
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UK avoids recession

Finance and Legal
UK avoids recession 10th September 2019. UK brushes off recession fears The UK avoids recession as the economy expanded by 0.3% month on month in July, according to official figures, well above economists’ expectations of 0.1% growth. The services, manufacturing
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Government council will support post-Brexit lending to SMEs

Business
Government council will support post-Brexit lending to SMEs 10th September 2019. The Treasury and the Department for Business, Energy, and Industrial Strategy (BEIS) have announced the creation of a finance council to support lending to smaller businesses after Brexit and
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