Services sector nears standstill

Business
08/07/2019 Services sector nears standstill Analysts recorded “one of the worst performances [of] the past decade” in the services sector last month, as continuing Brexit uncertainty brought growth in the sector to a near standstill. The IHS Markit and CIPS
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Penalising Big Business alone will not end the late payment culture

CPA Blog
Penalising Big Business alone will not end the late payment culture Last month we wrote about the new government proposals to tackle late payments. You can see the Governments full document here : Creating a responsible payment culture: a call
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Monsoon seeks CVA to stay afloat – updated 04/07/19.

Business
Monsoon seeks CVA to stay afloat. Monday 24th June 2019. – updated 04/07/19. Update 04/07/19 – Monsoon Accessorize granted rent cuts Creditors at Monsoon Accessorize have approved the retailer’s company voluntary arrangement, which asked for rent reductions of up to 65% at
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Construction output suffers steepest decline since 2009.

Business
Construction output suffers steepest decline since 2009. Builders have suffered the sharpest slump in more than a decade as new orders for homes, commercial property and civil projects all fell last month. UK Businesses are delaying new construction projects or
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Britain’s oldest builder folds.

Business
Britain’s oldest builder folds. 03/07/2019. Britian’s oldest builder has folded as a business (sadly, not just his arms as our picture suggests). R Durtnell & Sons Limited, Britain’s oldest builder is no more having issued notices to all known creditors
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