businesses closing down hits record levels

Number of Businesses closing hits record levels

A record number of businesses closed across the UK last year, official figures have shown. The data from the Office for National Statistics (ONS) also...
extra energy supply firm director banned

Extra Energy supply Director hit with 6 year ban

A former Director of Extra Energy Supply has been banned from running a business for six years. Mordechay Ben-Moshe, 48, was a Director of Birmingham-based Extra...
Rise in the usage of a Directors personal guarantee

Directors Personal guarantee usage on the rise says research

Latest research is suggesting that the use of a Directors personal guarantee is on the rise in the UK. There has been a rise in...
personal insolvency rises sharply

Personal Insolvency rising sharply according to new figures

New figures released show a massive increase in Personal insolvency. The latest monthly figures from the Insolvency Service for England & Wales have indicated that...
uk business insolvency rises by 18%

UK Business insolvency rises by 18%

Uk Business insolvency is officially on the rise. The latest figures from the Insolvency Service have shown that the number of business insolvencies in England...
small business cash flow is a big worry

Cash Flow is Small Business owners biggest concern

Small business owners have revealed that cash flow is the biggest challenge for nearly half of the respondents. Almost half (48%) of small to medium...
Bradford based Safestyle liquidation looms

Double glazing giant facing liquidation

Yorkshire based Doubled Glazing giant Safestyle is facing liquidation. Only last week, the company, which has its HQ in Bradford, announced administrators had been appointed. Around...
rise in freelance late payment to freelancers

Freelancers being hit by rise in Late Payments

Late payments are a quiet, yet powerful economic disruptor. Whilst they impact businesses of all sizes, studies have shown small and medium enterprises (SMEs)...
insolvent restaurant companies on the rise in the UK

Number of Insolvent Restaurant Companies rising by the week

The number of insolvent restaurant companies is increasing week on week it has been reported. In new data, it has been revealed that the number...
huge debt written off by liverpool city council

Huge £42m Debt written off by City Council

Millions of pounds of unpaid council tax debt has been written off by an authority, it has been revealed. A Liverpool City Council report said...