Treasury accused of scaring lenders with insolvency clawback

Finance and Legal
Treasury accused of scaring lenders with insolvency clawback. 16/07/2019. Business groups have warned that new rules making HMRC a preferential creditor in the event of an insolvency could harm access to finance for small businesses. By leapfrogging over other types
Read this article

Sole traders struggle

Business
Sole traders struggle 12/07/2019 Research from the Institute for Fiscal Studies (IFS), which analysed tax records from HM Revenue & Customs, shows that one-in-five businesses in the UK set up by sole traders closes within a year and six-in-ten fail
Read this article

Storm clouds gather over British Economy.

Business
Storm clouds gather over British Economy. 9th July 2019. The business news has made grim reading in the last 24 hours, as the storm clouds gather over the British Economy Employment outlook dips BDO analysis shows Britain’s employment outlook fell
Read this article

Fashion retailer Select falls into administration. Updated 9/7/19.

Business
Fashion retailer Select falls into administration. 13/05/2019 – updated 9/7/19 See below. Retail chain Select has officially fallen into administration, after filing court documents to appoint administrators last month. The retailer, which operates 169 stores across the UK, announced its
Read this article

Bathstore no longer flush as they go down the drain. Updated 8th July 2019.

Business
Bathstore no longer flush as they go down the drain. 27th June 2019 – updated 8th July 2019. Update 8th July Contractors hit by Bathstore collapse The Observer on Sunday reported talks with several self-employed Bathstore contractors, who have collectively
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