Tags Bankruptcy

Tag: bankruptcy

Construction sector sees shocking Insolvency rise

According to new figures released by Creditsafe, insolvency within the construction sector in the UK has increased by 73.3% for Q1 in 2018. After the...

Half of Small Businesses trading in the red

According to the latest Small Business Insights published by Xero, half of the small businesses in the UK are currently trading in the red. The...

Why late payments are affecting SME’s

Every business whether it be large or small is effected by late payments and with many businesses being part of a supply chain and...

Insolvency expert predicts increased failure of companies in the south

Mr Robert Bajaj, a consultant solicitor with regional law firm Ellis Jones predict a rise in business failures across the South. Speaking at an insolvency...

Steep rise in Scottish Business Insolvency

New official statistics reporting insolvencies in Scotland have been released by Accountant in Bankruptcy (AiB) for the fourth quarter (January to March 2018) of...

Government eyes insolvency reforms

After the collapse of construction giant Carillion a consultation is being launched over planned action against “irresponsible” company directors, with the government planning insolvency...

Number of restaurants going bust increase by 20%

Research produced by Moore Stephens has shown that the number of restaurants going bust has increased by 20% in the past year. Stephens’s figures show...

Increased Business Insolvencies Expected

As Brexit is fast approaching, increased Business Insolvencies are expected. According to Euler Hermes, insolvencies in the UK with rise by 8% in 2018 with...

Late payment is the silent assassin of UK Businesses

According to research from Bacs, more than 50,000 British small firms are closing every year, being owed £14.2bn in unpaid debt. Getting clients to pay...

Debt management directors banned after causing public distress

Following an in-depth investigation by the Insolvency Service, Stephen Anthony Wooley and Kevin John Dursley, Directors of a debt management business were banned. The investigation...