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

Small business insolvencies on the rise. 14/05/2019. Small businesses are increasingly struggling to survive amid challenges caused by difficult market conditions and late payments. New statistics from the Insolvency Service reveal that 4,187 small and medium-sized enterprises became insolvent between

Dawnus collapse sparks questions. 13/05/2019. Auditors for Powys County Council in Wales say that the government should have done more to warn local authorities about financial problems at construction firm Dawnus. Business representatives have urged stronger government protections to ensure

Paying late is “crack cocaine” to big business. 10th May 2019. Duncan Swift has been appointed as the  new president of R3,  the trade association for the UK’s insolvency and restructuring professionals and has said that large businesses are treating

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