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

Store closures reach record high 12th September 2019. About 16 shops are closing every day as retailers restructure their businesses and more shopping moves online.   A net 1,234 stores shut on Britain’s top 500 high streets in the first

Brexit blamed for a decline in the number of start-ups 12th September 2019. Brexit uncertainty has been blamed for a 12.9% fall in the number of new UK start-ups last year.   The Enterprise Research Centre (ERC), a joint venture

Government council will support post-Brexit lending to SMEs 10th September 2019. The Treasury and the Department for Business, Energy, and Industrial Strategy (BEIS) have announced the creation of a finance council to support lending to smaller businesses after Brexit and

Late payments cost SMEs £51.5bn 5th September 2019.   Late payments have cost SMEs an estimated £51.5bn in the last year, research from Hitachi Capital UK has found.   The sum was extrapolated from a poll of 1,000 SME owners