Small business lending slows

Business
Small business lending slows. Operations Director, James Salmon, 19/02/2019. Small business lending slows as net lending to small businesses decreased by £200m last year whilst the growth of alternative forms of funding for SMEs also slowed, new studies indicate. According
Read this article

Scottish restaurant failures up nearly 90%

Business
Scottish restaurant failures up nearly 90%. James Salmon, 18/02/2019. Scottish restaurant failures are up nearly 90%. The number of Scottish restaurants going bust reached a record high last year, according to figures from the Insolvency Service. Statistics for 2018 shows
Read this article

BrightHouse to shut 30 stores and cut jobs

Business
BrightHouse to shut 30 stores and cut jobs The UK’s biggest rent-to-own provider, BrightHouse, is to close 30 stores across the country, at a cost of 350 jobs. Many people probably take it for granted that they can walk into
Read this article

Interserve agrees terms with creditors

CPA Blog
Interserve agrees terms with creditors. 13th February 2019. Last week Interserve announced it had agreed terms with its creditors. Debbie White, CEO of Interserve, said: “Agreeing the key commercial terms of the deleveraging plan with our lenders, bonding providers and
Read this article

Online-only retailers crashing too

Business
Online-only retailers crashing too. 13th February 2019. A total of 246 online-only retail businesses became insolvent in 2018! That represents a 19% increase on the previous year, 2017 and more than double the 120 that failed in 2010. The high
Read this article

Ready to speak to an advisor?

For help or advice on credit management, entirely without obligation.
Call us today

020 8846 0000