The Business Distress Index for Q3 2024 from Real Business Rescue investigates how small-to-medium sized companies across England, Scotland, and North...
View articleThe Construction, Food & Drug Retailers and General Retailer sectors in particular drove the increase in ‘significant’ financial distress, up 38.6%, 4...
View articleBody Shop, Ted Baker, Farfetch, MatchesFashion and Wilko among latest retailer insolvencies. Number of businesses in trouble are the highest in five y...
View articleInsolvency statistics in the UK for the second quarter of 2023 were the highest since 2009 with 83% of them relating to small businesses Read More...
View articleThere were 6,342 recorded company insolvencies in Q2, reflecting a 9% increase compared to the number of insolvencies in Q1, and a 13% increase compar...
View articleThe survey paints a “brightening” picture of the global economy, according to the ACCA Read More...
View articleThe pandemic may have “distorted” some economic data Read More...
View articleAdvisory firms must offer a “more supportive” and holistic approach to clients amid the economic downturn Read More...
View articleHaving a clear plan and clean data to help optimise the use of scarce resources will be key for businesses Read More...
View articleThe Coronavirus Job Retention Scheme has supported millions of jobs amid the pandemic, but with the support measure set to end in September, how can a...
View articleShift from BBL debt to equity could pose wider business implications Read More...
View articleBounce Bank Loan Scheme fraud of particular interest Read More...
View articleThe UK Government should seize “a historic opportunity for a reset” in the post-pandemic economy, according to a member of the Covid Recovery Commissi...
View articleWith many retailers still reeling from the impact of the lockdowns, the Financial Reporting Council (FRC) has proposed extending the application perio...
View articleCommunity ownership is an opportunity for accountants to support local communities in their post-pandemic recovery Read More...
View articleOmni-channel retailers disadvantaged the most Read More...
View articleLast year’s compressed corporate insolvency statistics conceal reality of the state of the UK economy Read More...
View articleSecond lockdown could “destroy” hospitality sector, according to consultant Read More...
View articleRelationship between insolvency practitioners and banks under spotlight again Read More...
View articleCompanies will have more trouble raising funds with floating charges as HMRC’s preferential status puts off lenders Read More...
View articleBy Wayne Beck, associate, Faegre Drinker Read More...
View articleAs the pandemic continues to disrupt businesses and accountancy firms across the UK, Accountancy Age is hosting a live discussion with audit and accou...
View articleThe restrictions on our personal lives and on businesses are beginning to gradually ease, but the coronavirus will likely have long-lasting effects, w...
View articleAs accountants look to stabilise, industry members advise that agility is key to post-pandemic recovery Read More...
View articleAll firms should be reviewing their operations, workforce and finances, and implementing measures for business continuity and to ensure financial resi...
View articleThe Bank’s interest rate cut to 0.25 percent comes amid a list of incentives for SMEs Read More...
View articleChris Laughton, Corporate Advisory Partner, Mercer & Hole, argues that CVAs could be giving national retailers an unfair advantage over SMEs – but cou...
View article