Long payment terms in retail are unsustainable. 16th August 2019. Long payment terms in retail are notorious and regularly criticised by those in and outside the industry. A few months ago, Holland & Barrett became the first company to be

Accountancy Age interviews Dr Louise Beaumont on the need for action on late payments. 9th August 2019. Earlier this week, the Accountancy Age magazine published an interview with Dr Louise Beaumont on late payments. Dr Louise Beaumont is an independent

Personal Insolvencies rise in Q2 8th August 2019. Analysis of Insolvency Service data by RSM shows that under-25s make up 6.5% of all personal insolvencies, compared to 1% three years ago. Q2 2019 saw a total of 31,000 people declare

Boohoo buys Karen Millen and Coast in pre-pack administration 7th August 2019. Boohoo.com has bought the online business and intellectual property of Karen Millen and Coast in a £18.2m pre-pack administration, with more than 200 stores set to close. Administrators

Scottish insolvencies climb 45% as distressed businesses face ‘toxic mix’ of issues 7th August 2019 Analysis from KPMG shows that Scottish insolvencies have risen by more than 45%, with 698 corporate insolvency appointments in the six months to June. This