Business insolvency numbers ‘on the wane’
The number of UK companies needing to make use of insolvency services fell in January this year, a new report has revealed. A study by Experian has…
Official figures offer no comfort
The number of firms seeking insolvency advice at any given time is always likely to depend on two things. One of these is the quality of management…
Peacock’s sold to Edinburgh Woollen Mill
Struggling retailer Peacocks has been saved from corporate insolvency after it was sold to Edinburgh by administrators KPMG. The clothes firm had…
Insolvency level an open question as poll shows mixed sentiment
A new poll of business leaders has shown a distinctly mixed set of views about the prospects for a new recession in the UK. The survey by the…
SMEs to suffer from Merlin shortfall?
With the credit crunch posing a major threat to businesses caused by a lack of lending, the government and the bank of England has been keen to…
Football club ‘braced for administration’
Portsmouth Football Club are on the brink of administration, the club’s manager has said. Speaking to BBC Radio Solent, Michael Appleton said:…
Company insolvency figures rise
The number of corporate insolvency cases in England and Wales was up in the final quarter of 2011, new data has shown. Figures published today…
SMEs ‘showing most danger signs’
Small and medium enterprises (SMEs) are showing more signs of being in difficulty than larger companies, a new report has indicated. Smaller firms…
Portsmouth set for new corporate insolvency battle
Portsmouth Football Club is facing a new corporate insolvency battle after admitting that it has failed to pay its players in the last month. Like…
SFP action helps preserve security firm
Some may imagine that security is one area of the service sector where companies will continue to thrive even when the economy is struggling. After…
