UK insolvencies up a fifth in three years

CPA Blog
UK insolvencies up a fifth in three years. 27/03/2019. The number of insolvencies across the UK has risen by a fifth over the past three years, according to new statistics released by the government. According to the figures from the
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Office Outlet enters administration

CPA Blog
Office Outlet enters administration. James Salmon, 20th March 2019. Stationery chain Office Outlet has collapsed into administration, putting 1,200 jobs and the future of 90 stores in doubt. The retailer, formerly known as Staples, has drafted in administrators from Deloitte
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Government to push aside small creditors in insolvency

CPA Blog
Government to push aside small creditors in insolvency. James Salmon, Director, 19th March 2019. Government plans return of HMRC creditor preference. The Government has announced plans to push aside small creditors and restore HMRC to priority creditor status in corporate
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Interserve on brink of administration

CPA Blog
Interserve on brink of administration. James Salmon, Operations Director, 11th March 2019. Government outsourcing firm and construction group Interserve is likely to go into administration this week, with company directors saying the firm has a “mountain to climb” to avoid
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Insolvencies climb in 2018

CPA Blog
Insolvencies climb in 2018. 7/3/2019. UK company insolvencies rose 19.3% in Q3 2018, data from the Insolvency Service shows. A total of 4,308 businesses entered insolvency between July and September, with the construction industry seeing the highest number across all
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