Coastal areas face insolvency shock. 23rd July 2019. Insolvency trade body R3 has warned that people living in coastal areas are more vulnerable to economic shocks that can trigger insolvency. Having analysed annual personal insolvency statistics from the Insolvency Service,

Lenders face £30m hit as Jack Wills seeks buyer. 23/07/2019. Lenders to British fashion chain Jack Wills could be left as much as £30m out of pocket if the company fails to find a buyer, according to new reports on

Airport parking firm finally collapses 16th July 2019. If you have ever had to park at the airport you might mistakenly have assumed – like this writer – that  it was basically a license to print money. Apparently not! Airport

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

Sole traders struggle 12/07/2019 Research from the Institute for Fiscal Studies (IFS), which analysed tax records from HM Revenue & Customs, shows that one-in-five businesses in the UK set up by sole traders closes within a year and six-in-ten fail