Peacocks makes changes to supplier payment terms

Business
Peacocks makes changes to supplier payment terms Discount fashion chain Peacocks is increasing the maximum time it takes to pay for shipments from 90 days to 130 days in a move that they claim, actually aims to see suppliers paid
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Hammond demands “robust” redress for small businesses.

Business
Hammond demands “robust” redress for small businesses. 30th January 2019.  Chancellor Philip Hammond has called for small businesses to receive stronger protections, stating that tougher measures must be included in a proposed scheme offering small businesses an affordable way to
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Scottish business insolvencies up 21%

Business
Scottish business insolvencies up 21% 29/1/19. Yesterday we briefly commented on this but given its seriousness we wanted to write further. Analysts estimate that as many as 20 Scottish businesses will fold every week in 2019, as new statistics show
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30% of global business leaders pessimistic.

Business
30% of global business leaders pessimistic. 29/1/2019. 30% of CEOs worldwide are expecting a global slowdown in the economy over the next twelve months — up from just 5% last year — according to a new survey conducted by PwC.
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Patisserie Valerie enters administration

credit management
Patisserie Valerie enters administration. 29/1/2019. Patisserie Valerie has entered administration after the failure of rescue talks with banks. The cake chain, which is unable to pay its debts, reported uncovering “significant, and potentially fraudulent, accounting irregularities” in October, with a
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