UK store closures at a record high

Business
UK store closures at a record high 15th April 2019. Business conditions for brick-and-mortar retailers in Britain continue to remain challenging, with new figures suggesting that the number of UK high street shop closures reached record highs last year. 5,883
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Debenhams in administration

Business
Debenhams in Administration Tuesday 9th April 2019. Control of Debenhams has fallen into the hands of its lenders as part of an administration process. Debenhams has 166 stores, which for now continue to trade, although it has indicated that 50
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Pottery firm Dudson crashes

credit management
Pottery firm Dudson crashes. 5th April 2019. Pottery manufacturer Dudson has collapsed, with over 300 jobs lost. Of the 390 staff employed at the firm, 72 “will be retained to support the closing down of the business”. Administrator PwC said
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Fashion chain Select to enter administration

Business
Fashion chain Select to enter administration. 05/04/2019. Fashion chain Select has announced plans to enter administration via official court documents, calling into question the fate of over 2,000 jobs at the retailer. In late March, the clothing chain filed a
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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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