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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Scots business failures jump by fifth

credit management
Scots business failures jump by fifth The number of Scottish business failures in 2018 rose 21% year-on-year, from 780 to 945, according to analysis of the latest official figures from the Accountant in Bankruptcy (AiB). It marks the highest annual
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Late payments crippling small businesses

CPA Blog
Late payments crippling small businesses. 23/01/2019. Late payments are having a crippling effect on British small businesses, as a lack of proper enforcement action against late-paying clients leads to insolvencies, damaged business productivity, and broader implications for the economy. According
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