6th March 2023
Everybody knows that having a good credit score can make it easier to get a good mortgage or credit card deal. But the role of a business credit score is less well understood. Lenders, creditors, […]
26th January 2023
Business insolvency experts are warning that thousands of firms are at risk of collapse in 2023 as the cost of living crisis continues. The number of seriously at risk firms increased by more than a […]
15th September 2022
Rising energy prices have been a source of concern for individuals and businesses in recent months, with some firms reporting predicted price increases of 500%. To ease the burden on household budgets and protect businesses […]
26th May 2022
Small businesses are disproportionately affected by inflation because they are less able to pass cost increases onto customers, according to the new head of the Federation of Small Businesses (FSB). Following a visit to Downing […]
8th November 2018
Buried deep in the Chancellor’s recent Budget was a new measure that gives HMRC priority over other creditors when claiming money back from an insolvent business. The move will reinstate HMRC as a ‘preferred creditor,’ […]
6th August 2018
New Government figures show that the number of company insolvencies fell by 12.4% in the second quarter of the year compared with the first. Evidence from the previous year, however, suggests that this could just […]
11th December 2017
The Organisation for Economic Co-operation and Development (OECD) has praised the UK’s streamlined insolvency system, saying that other countries should follow Britain’s lead in killing off living dead companies. In a paper focused on productivity […]
30th October 2017
Brexit could lead to a sharp upturn in the number of businesses filing for insolvency, according to a new survey from the Institute of Chartered Accountants in England and Wales (ICAEW). The survey of […]