Carpet Retailers Floored By Economic Downturn

Business Recovery Carpet Retailers Floored By Economic Downturn

14y rumo, Writer

Carpet Retailers Floored By Economic Downturn

The recent news on Allied Carpets planning to shed jobs and shops across the country might be good news for major rivals like Carpetright, but it does...

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Becoming a Ltd co. shouldn't mean limiting your credit

Business Recovery Becoming a Ltd co. shouldn't mean limiting your credit

14y rumo, Writer

Becoming a Ltd co. shouldn't mean limiting your cr...

It’s hard enough for small businesses at the present time to obtain credit from banks and trade suppliers. so, if you’re a small company o...

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Tories planning to tax Debt Laden Corporations?

Business Recovery Tories planning to tax Debt Laden Corporations?

14y rumo, Writer

Tories planning to tax Debt Laden Corporations?

The Tory party, in the shape of Shadow Chancellor George Osborne, appears to be planning to make it tougher for companies engaged in borrowing large s...

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Late Filer Gordon Ramsay now reveals all !

Business Recovery Late Filer Gordon Ramsay now reveals all !

14y rumo, Writer

Late Filer Gordon Ramsay now reveals all !

Under pressure TV chef Gordon Ramsay has been revealing in the papers today why his company Gordon Ramsay Holdings was a bit reticent in filing financ...

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Not another leaked memo?

Business Recovery Not another leaked memo?

14y rumo, Writer

Not another leaked memo?

Numerous accountancy firms have been warning organisations to be on the look out for a rise in internal fraud, excessive expense claims etc as the rec...

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Is this the dawning of the Age of Transparency?

Business Recovery Is this the dawning of the Age of Transparency?

14y rumo, Writer

Is this the dawning of the Age of Transparency?

Since the last recession in the early 90’s, European and subsequent UK company legislation has succeeded in whittling away at the completeness a...

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Insolvencies rise again but it could have been worse

Business Recovery Insolvencies rise again but it could have been worse

14y rumo, Writer

Insolvencies rise again but it could have been wor...

The government stats released today show company insolvencies up 56% on the 1st quarter of 2008- In the first quarter of this year, the insolvent comp...

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Does race play a part in commercial credit scoring?

Business Recovery Does race play a part in commercial credit scoring?

14y rumo, Writer

Does race play a part in commercial credit scoring...

I read with interest in the FT on Saturday about a commercial credit agency in the UK that gave a profitable UK company a poor rating, due partly to t...

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Things are looking up a little!

Business Recovery Things are looking up a little!

14y rumo, Writer

Things are looking up a little!

Its comforting to see a string of better bank financial results in recent days. Citiigroup reported today their first quarterly profit in six quarters...

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McCain, the chip maker, frozen out by Credit insurer

Business Recovery McCain, the chip maker, frozen out by Credit insurer

14y rumo, Writer

McCain, the chip maker, frozen out by Credit insur...

The stories relating to the withdrawal of credit insurance cover on well known organisations continue to roll in. The Sunday Telegraph ran a piece thi...

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A Bad Week For Retailers Looming

Business Recovery A Bad Week For Retailers Looming

14y rumo, Writer

A Bad Week For Retailers Looming

Retailers and their suppliers are in for a poor week this week. On Thursday, many retailers will be receiving their quarterly rent bills, and some wil...

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If I was Prime Minister, I'd................................

Business Recovery If I was Prime Minister, I'd................................

14y rumo, Writer

If I was Prime Minister, I'd.........................

I’m sure at some time in our lives, we’ve all been asked the question, ” if you were Prime Minister, what would you do?” The ...

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Bank Lending- Good news or Bad news?

Business Recovery Bank Lending- Good news or Bad news?

14y rumo, Writer

Bank Lending- Good news or Bad news?

Some upbeat news from Barclays today about its strong start to the year, and shares on the London Stock Exchange move up nicely. Some say that until c...

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Bring Back Registration of Trading Names!

Business Recovery Bring Back Registration of Trading Names!

14y rumo, Writer

Bring Back Registration of Trading Names!

My comments recently on proposed new EU law abolishing the obligation for businesses under 1 million euro turnover to file accounts at Companies House...

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Proposed EU law on small business accounts filing will cause Companies House population explosion

Business Recovery Proposed EU law on small business accounts filing will cause Companies House population explosion

14y rumo, Writer

Proposed EU law on small business accounts filing ...

The European Parliament and Council of ministers are now considering whether to pass new EU law abolishing the need for businesses under 1 million eur...

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European Commission needs to see broader picture on accounts filing requirements

Business Recovery European Commission needs to see broader picture on accounts filing requirements

14y rumo, Writer

European Commission needs to see broader picture o...

In an effort to relieve micro businesses across Europe of administrative burden in these tough times, the EC plans to get rid of the need for business...

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It's a rating agency, Jim, but not as we know it...

Business Recovery It's a rating agency, Jim, but not as we know it...

14y rumo, Writer

It's a rating agency, Jim, but not as we know it.....

The president of the European Central Bank said today in a speech that he welcomed the EU legislation going through the motions at present to tighten ...

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Doesn't Size Matter when it comes to Auditors?

Business Recovery Doesn't Size Matter when it comes to Auditors?

14y rumo, Writer

Doesn't Size Matter when it comes to Auditors?

OK, I’m a credit reference agency man, not an accountant, but something strikes me as wrong about the fact that on both sides of the Atlantic, l...

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NO HIDING PLACE IN A GLOBAL RECESSION

Business Recovery NO HIDING PLACE IN A GLOBAL RECESSION

14y rumo, Writer

NO HIDING PLACE IN A GLOBAL RECESSION

I’m fortunate to have been in India on holiday for a few days. On the backwaters of Kerala in the far south, the natural beauty of the landscape...

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Company Failures mount as Credit squeeze continues

Business Recovery Company Failures mount as Credit squeeze continues

14y rumo, Writer

Company Failures mount as Credit squeeze continues

We’re still hearing too much anecdotal evidence from around the country that finance from Banks is still too hard to get hold of- despite all th...

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Corporate UK ill prepared for downturn

Business Recovery Corporate UK ill prepared for downturn

14y rumo, Writer

Corporate UK ill prepared for downturn

Gordon Brown has said on a number of occasions in the last few months that the UK was well prepared to cope with the recession. Today, when it finally...

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BDO Stoy Hayward's FRAUDTRACK Survey Reveals tip of an Iceberg

Business Recovery BDO Stoy Hayward's FRAUDTRACK Survey Reveals tip of an Iceberg

14y rumo, Writer

BDO Stoy Hayward's FRAUDTRACK Survey Reveals tip o...

BDO Stoy Hayward’s 2008 Fraudtrack Survey published today shows that incidences of publically notified fraud cases rose in 2008 by 14%. The valu...

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Small businesses still being starved of cash

Business Recovery Small businesses still being starved of cash

14y rumo, Writer

Small businesses still being starved of cash

A survey conducted by the Forum of Private Business recently amongst 6, 900 small businesses has revealed the harsh reality of life for those organisa...

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Mandelson recognises the Unattractiveness of Credit Insurance

Business Recovery Mandelson recognises the Unattractiveness of Credit Insurance

14y rumo, Writer

Mandelson recognises the Unattractiveness of Credi...

Last week, Lord Mandelson distanced the government from any introduction of a state guarantee to underpin vital credit insurance for UK supply chains....

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No soft landing for the Land of Leather

Business Recovery No soft landing for the Land of Leather

14y rumo, Writer

No soft landing for the Land of Leather

Just as the deputy Director General of the CBI, John Cridland, was urging the government to help ease the flow of credit from the banks, The Land of L...

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My 2009 prediction- The year of the Phoenix!

Business Recovery My 2009 prediction- The year of the Phoenix!

14y rumo, Writer

My 2009 prediction- The year of the Phoenix!

Among the many things that can be foreseen about the economic climate in the UK next year, I predict a real upsurge in the use of pre pack administrat...

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2008- the end of an era?

Business Recovery 2008- the end of an era?

14y rumo, Writer

2008- the end of an era?

What a turbulent year 2008 has proved to be……and 2009 might prove to be a worse one economically! Still, despite all the bad news, I’...

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