2011 December - SFP Group

Next year ‘could see football clubs going out of business’

The next year may not just be a tough one for manufacturers, small firms and retailers, as an insolvency expert has said a number of football clubs may be facing a winding up order. Such a warning came…

Government ‘to take minister out of insolvency registration process’

New legislation will bring an end to the role of the secretary of state as a direct regulator of insolvency practitioners, a minister has said. In a written statement following a consultation on the…

Facilities management firm assets saved

Employees of facilities management firm KDE are looking to the future after management used the business recovery services of SFP. KDE was an electrical goods contractor based in Alcester in Warwickshire…

Severe weather ‘could cause business insolvency’

Companies could be left facing the prospect of corporate insolvency if they fail to plan for the possible effects on trade of severe winter weather, new research has indicated. A survey by insolvency trade…

Retail sales picture ‘unrealistic’

New figures from the Office for National Statistics (ONS) paint an unrealistically positive picture of the situation in the retail sector, it has been argued. Data for October has indicated that the volume…

Closures announced as Thomas Cook fights to avoid corporate insolvency

Travel firm Thomas Cook has announced it is to close 200 stores in the UK over the next two years as it seeks to avoid the possibility of corporate insolvency. It is the latest move by the firm after it…

Reports highlight high street woes for small traders

Two new reports have indicated UK high street traders have been facing a growing crisis in recent years, which is not just due to the recession. Many businesses could be left needing insolvency services to…

UK ‘set for new recession’

More firms could need business recovery services if a new forecast regarding the UK economy turns out to be accurate. A survey by Standard Chartered Bank has concluded the country is facing a larger…

Business confidence on the wane, new report shows

Demand for corporate insolvency advice could start to rise following new research that points towards an increased lack of confidence among businesses. According to the findings of the latest Economy Watch…

Corporate insolvencies rose between 2009 and 2010

The number of businesses that suffered corporate insolvency increased between 2009 and 2010, new figures reveal. According to official data from the Office for National Statistics, the number of business…