UK businesses in significant financial distress. 9th May 2019. New research from Begbies Traynor, the UK’s leading independent insolvency firm, reveals there are now 484,000 UK businesses in significant financial distress. This follows from warnings yesterday from KPMG re zombie

KPMG in zombie warning. 8th May 2019. Accountancy giant KPMG has issued a “zombie warning” regarding failing businesses, saying . “the rise of zombie firms in the UK could spell trouble ahead” Analysis from KPMG suggests that underperforming businesses are

Four Seasons falls into administration. 1st May 2019 (updated 8th May 2019). Four Seasons Health Care, one of the UK’s largest care home companies, has fallen into administration following months of uncertainty and a lengthy struggle to ease pressure from debts.

Corporate Insolvencies hit five year peak. James Salmon, Operations Director. 1st May 2019. Corporate Insolvencies hit five year peak, rising by 6.3% in the first three months of the year compared with the final quarter of 2018, and by 5.1%

Monsoon Accessorize pursue CVA 24/04/2019 Fashion retail chain Monsoon Accessorize is looking to enter into a company voluntary arrangement (CVA) to stay afloat, with accountancy group Deloitte hired to help secure the arrangement. “Dozens” of the chain’s 270 stores across