Updates on Headline Insolvencies 19/02/19. Six people face arrest over Patisserie Valerie fraud A report by PwC into the collapse at Patisserie Valerie highlights six individuals alleged to have signed fraudulent cheques and sent emails discussing fabricating invoices. One person

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

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

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

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