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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Reasons why millennials are going bankrupt

Finance and Legal
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
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Restaurant insolvencies climb

Insolvencies
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
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Treasury warned over plans to prioritise HMRC in company insolvencies

Insolvencies
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
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