High street continues to face insolvency challenge

Business
High street continues to face insolvency challenge 2nd October 2019. James Salmon, Operations Director. The UK high street continues to face the insolvency challenge. The latest research from insolvency and restructuring trade body R3 has found that the percentage of
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Jamie Oliver took £5.2m from business prior to collapse

Insolvencies
Jamie Oliver took £5.2m from business prior to collapse 2nd October 2019. James Salmon, Operations Director. Jamie Oliver and his wife took £5.2m in dividends from his food and media empire last year – just months before the collapse of
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Boyes Rees Architects collapses due to late payments

credit management
Boyes Rees Architects collapses due to late payments 27th September 2019. James Salmon, Operations Director. Boyes Rees Architects, a Welsh architecture practice  has ceased trading under the burden of late payments, leading to the loss of 40 jobs. Boyes Rees
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Wrightbus goes into administration

Insolvencies
Wrightbus goes into administration 26th September 2019. James Salmon, Operations Director. Northern Ireland’s Wrightbus, famous for building the so-called Boris bus Routemaster model, has entered administration – leaving nearly 5,000 jobs at risk. The company had been looking for a
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Britain’s ‘Broken economy’ causing record levels of household debt

credit management
Britain’s ‘Broken economy’ causing record levels of household debt 19th September 2019. Analysis from the TUC has shown that unsecured debt per household has risen to record levels. The average household debt rose to £15,880 in the first quarter of
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