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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Oddbins on the brink of collapse

Insolvencies
Oddbins on the brink of collapse. 29/1/2019. Oddbins on the brink of collapse . More than 500 jobs are at risk as Oddbins faces collapse for the second time in less than ten years. Its owner, European Food Brokers, has
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Bankruptcies hit six-year high

CPA Blog
Bankruptcies hit six-year high. 29/1/2019. Bankruptcies hit six-year high.  The number of people going bust has jumped to at least a six-year high, according to new figures from the Insolvency Service. Insolvency specialists RSM expect the figures will show more
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