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

Reasons why millennials are going bankrupt 19th September 2019. The Daily Telegraph published an article on why middle-class millennials are experiencing debt problems. Data from the Insolvency Service suggest the number of 18 to 25-year-olds going bankrupt has increased 10-fold

Restaurant insolvencies climb 17th September 2019. If you supply to the restaurant sector then you will be worried about the rapid rise in restaurant insolvencies. Whether you are a food wholesaler, laundry, recruitment company, shop fitter or in some other

Treasury warned over plans to prioritise HMRC in company insolvencies 13th September 2019. Accountancy, investment and legal trade groups have written to the Chancellor Sajid Javid to argue that Treasury plans to prioritise debt repayments – called the Crown preference

Pre-pack regulator ignored 10th September 2019. The regulator set up to review pre-pack administrations has seen the number of referrals coming to it fall by 10%. The Pre-Pack Pool should be examining the sale of companies to connected parties through