UK businesses sitting on £600 billion in excess working capital

Business
UK businesses sitting on £600 billion in excess working capital. 20/06/2019. New research by Lloyds Bank has revealed that businesses could be sitting on £593bn in excess working capital, which could hamper growth and leave them exposed to economic uncertainty.
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Government announces proposed new powers to tackle late payments.

Business
Government announces proposed new powers to tackle late payments. James Salmon, 20/06/2019. The Government has again made noises about trying to tackle late payments and break the cycle of the late payment culture in the UK with a range of
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The Latest Insolvencies to 17 Jun 2019

Insolvencies
The Latest Insolvencies to 17 Jun 2019. The Credit Protection Association Plc has compiled the latest insolvencies published on 17 Jun 2019 for its members and visitors. Administration – Meetings of Creditors 2019-05-02 BEAMISH TRANSPORT LIMITED 2019-05-03 THREE NATIONS LIMITED
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Update on retail CVAs

Business
Update on retail CVAs 12th June 2019. Today we have seen updates on 3 of the recent retail CVAs. Intu deals blow to Arcadia hopes Shopping centre owner Intu is planning to vote against Sir Philip Green’s revised proposals to
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Green in final attempt to save Arcadia as retail industry suffers yet more woe

Business
Green in final attempt to save Arcadia. 10/06/19. Arcadia Group owner Sir Philip Green has offered to provide landlords an additional £30m in funding to lessen the impact of proposed rent reductions, after failing to secure support for a CVA
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