UK insolvencies up a fifth in three years

CPA Blog
UK insolvencies up a fifth in three years. 27/03/2019. The number of insolvencies across the UK has risen by a fifth over the past three years, according to new statistics released by the government. According to the figures from the
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Accountancy magazine highlights impact of late payments on SMEs

CPA Blog
Accountancy magazine highlights impact of late payments on SMEs. 21/3/2019. The Accountancy Age magazine article on the impact of late payments on SMEs Following the above link you will see that the Accountancy Age magazine highlights that while Brexit is
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Office Outlet enters administration

CPA Blog
Office Outlet enters administration. James Salmon, 20th March 2019. Stationery chain Office Outlet has collapsed into administration, putting 1,200 jobs and the future of 90 stores in doubt. The retailer, formerly known as Staples, has drafted in administrators from Deloitte
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Patisserie Valerie’s accounting black hole grows

credit management
Patisserie Valerie’s accounting black hole grows. 19/3/19. The gap in Patisserie Valerie’s accounts has widened to £94m, according to administrators at KPMG, as their report reveals that the café chain overstated its cash position by an estimated £54m. Following its
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Government to push aside small creditors in insolvency

CPA Blog
Government to push aside small creditors in insolvency. James Salmon, Director, 19th March 2019. Government plans return of HMRC creditor preference. The Government has announced plans to push aside small creditors and restore HMRC to priority creditor status in corporate
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