29/04/2019. Arcadia gets HSBC backing for supply chain HSBC has confirmed that it will step in as a guarantor to secure the supply chain of Arcadia, in a sign of confidence as the retail group negotiates with landlords to restructure

25/04/2019. Hospitality sector hit by business rates. New statistics indicate that the revaluation of business rates has been as damaging for businesses in the British hospitality industry as the 2009 financial crash. According to data from Colliers International, 15 major

Monsoon Accessorize pursue CVA 24/04/2019 Fashion retail chain Monsoon Accessorize is looking to enter into a company voluntary arrangement (CVA) to stay afloat, with accountancy group Deloitte hired to help secure the arrangement. “Dozens” of the chain’s 270 stores across

Company Voluntary Arrangement A Company Voluntary Arrangement (CVA) is one of the Insolvency sectors buzzwords at the moment following on from the notable cases of big name retailers. This year has already seen a number of Company Voluntary Arrangements proposed

Credit card defaults jump. 23rd April 2019. Figures from the Bank of England show the number of people defaulting on their credit card debts rose sharply in the first three months of the year. The Bank’s survey of major lenders