Treasury accused of scaring lenders with insolvency clawback

Finance and Legal
Treasury accused of scaring lenders with insolvency clawback. 16/07/2019. Business groups have warned that new rules making HMRC a preferential creditor in the event of an insolvency could harm access to finance for small businesses. By leapfrogging over other types
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The prompt payment initiative

CPA Blog
The prompt payment initiative 17 May 2019. The government has announced plans for a new prompt payment initiative. The government is planning new legislation to stop those who pay suppliers late from winning government contracts. The new prompt payment initiative
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Insolvency reforms to harm business

CPA Blog
Insolvency reforms to harm business. 28/3/2019. Insolvency reforms could damage SMEs Government reforms to give HMRC priority ahead of pension schemes, trade creditors and lenders when recovering debts in insolvency cases have raised serious concerns amongst businesses for their likely
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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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Budget has bad news for those who sell on credit

Business
Budget has bad news for those who sell on credit Hammond moves HMRC to the front of queue when firms go insolvent Do you sell on credit? Then the budget just brought you some bad news. Philip Hammond announced yesterday
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