A blog about corporate blagging

Business Recovery A blog about corporate blagging

15y rumo, Writer

A blog about corporate blagging

BDO Stoy Hayward’s recent research suggests the credit crunch is pushing up the levels of corporate fraud. Of course, as always, internal fraud ...

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BIG Customers not paying on time?

Business Recovery BIG Customers not paying on time?

15y rumo, Writer

BIG Customers not paying on time?

For some suppliers, the biggest frustration is when large “creditworthy” clients insist on holding onto their cash beyond the supplierR...

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DOES THE EU's SMALL BUSINESS ACT ADDRESS THE BIG ISSUES?

Business Recovery DOES THE EU's SMALL BUSINESS ACT ADDRESS THE BIG ISSUES?

15y rumo, Writer

DOES THE EU's SMALL BUSINESS ACT ADDRESS THE BIG I...

The long awaited EU Small Business Act was unveiled this week, which hopefully will persuade member state governments to make more efforts in putting ...

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Supermarkets or High Street Retailers- where's the difference?

Business Recovery Supermarkets or High Street Retailers- where's the difference?

15y rumo, Writer

Supermarkets or High Street Retailers- where's the...

I’ve recently received an invitation to a symposium in July to discuss the Competition Commission’s recent proposal to set up a Grocery Om...

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CREDIT CRUNCH- the calm before the storm?

Business Recovery CREDIT CRUNCH- the calm before the storm?

15y rumo, Writer

CREDIT CRUNCH- the calm before the storm?

Credit people have been talking about the credit crunch and it’s potential fallout since last autumn, but despite all the gloom and doom merchan...

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CREDIT STRATEGIES FOR TURBULENT TIMES

Business Recovery CREDIT STRATEGIES FOR TURBULENT TIMES

15y rumo, Writer

CREDIT STRATEGIES FOR TURBULENT TIMES

Since the last two big economic downturns in the Uk (the industry led "Thatcher" recession of 1979/81 and the consumer led "ERM" r...

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Identity theft- A case of demography or geography?

Business Recovery Identity theft- A case of demography or geography?

15y rumo, Writer

Identity theft- A case of demography or geography?

At least us Brits are not alone in facing an identity theft epidemic. In the USA, it’s the country’s fastest growing crime. The Federal Tr...

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MPs scrutinise Companies House

Business Recovery MPs scrutinise Companies House

15y rumo, Writer

MPs scrutinise Companies House

Unhappy with some of the user complaints about activity at Companies House and delays in implementing aspects of the new Companies Act , a BERR commit...

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Phishers move up the food chain

Business Recovery Phishers move up the food chain

15y rumo, Writer

Phishers move up the food chain

Internet fraudsters (phishers) who try to trick online users into passing over bank/creditcard/other private details over the web are moving up the fo...

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credit assessing small businesses can be easier

Business Recovery credit assessing small businesses can be easier

15y rumo, Writer

credit assessing small businesses can be easier

Buying credit reports on small businesses often leads to buyer frustration, as the level of available data on small private firms is “limited...

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SMEs must recognise early warning signs of bad debt

Business Recovery SMEs must recognise early warning signs of bad debt

15y rumo, Writer

SMEs must recognise early warning signs of bad deb...

Research in the credit arena continues to point to the fact that SMEs should be doing more to protect themselves from bad debt, and protracted payment...

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Sour grapes from the Supermarkets?

Business Recovery Sour grapes from the Supermarkets?

15y rumo, Writer

Sour grapes from the Supermarkets?

Just hours after the publication of the Competition Commission’s final report into the Grocery trade, some supermarkets were beginning to bleat ...

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OFT Tucks into Groceries again

Business Recovery OFT Tucks into Groceries again

15y rumo, Writer

OFT Tucks into Groceries again

The OFT doesn’t seem to be able to leave the Supermarket giants alone lately! This week, we should see the publication of the final recommendati...

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UK Company Asks "Who Am I?" following identity hijack

Business Recovery UK Company Asks "Who Am I?" following identity hijack

15y rumo, Writer

UK Company Asks "Who Am I?" following identity hij...

Companies House continues to warn companies about the need to be vigilant concerning identity theft. However, company hijackings of bona fide companie...

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Government urged to rethink late payment legislation

Business Recovery Government urged to rethink late payment legislation

15y rumo, Writer

Government urged to rethink late payment legislati...

Small businesses suffering from the double whammy of tougher borrowing opportunities from banks because of the credit squueeze, and delayed late payme...

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Where's Big Business Corporate Social Responsibility?

Business Recovery Where's Big Business Corporate Social Responsibility?

15y rumo, Writer

Where's Big Business Corporate Social Responsibili...

I read another critical article in the FT at the weekend about Alliance Boots extending its payment terms to suppliers to 75 days from the end of mont...

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City traders making money from market manipulation

Business Recovery City traders making money from market manipulation

15y rumo, Writer

City traders making money from market manipulation

Back on January 16th in my blog, I questioned whether BDO Stoy Hayward were right when they said the credit crunch was likely to cause an increase in ...

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British Companies expect more bad debt in 2008

Business Recovery British Companies expect more bad debt in 2008

15y rumo, Writer

British Companies expect more bad debt in 2008

Well, I suppose it shouldn’t come as a surprise, but the latest Graydon research, involving around 450 companies, suggests that nearly 7 out of ...

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Gordon Ramsay fined by Companies House

Business Recovery Gordon Ramsay fined by Companies House

15y rumo, Writer

Gordon Ramsay fined by Companies House

Gordon Ramsay has his critics, but at least no one can accuse the  famous TV chef of "cooking the books" as far as his company’s ...

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BOOTS kick suppliers in the teeth?

Business Recovery BOOTS kick suppliers in the teeth?

15y rumo, Writer

BOOTS kick suppliers in the teeth?

As a result of the 2006 merger between Boots and Alliance Unichem, the Integration finance board of the new group announced a few weeks ago that it wi...

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HIGH STREET WOES CONTINUE

Business Recovery HIGH STREET WOES CONTINUE

15y rumo, Writer

HIGH STREET WOES CONTINUE

More disappointing news from the high street over the last couple of days, what with US based MEXX announcing the closure of its 61 retail outlets in ...

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EU commission catches late payment bug too!

Business Recovery EU commission catches late payment bug too!

15y rumo, Writer

EU commission catches late payment bug too!

Politicians across Europe are ever eager to criticise the culture of late trade payment by corporations and the devastating impact it can have on smal...

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Competition Commission offers hope to grocery suppliers

Business Recovery Competition Commission offers hope to grocery suppliers

15y rumo, Writer

Competition Commission offers hope to grocery supp...

Last Friday, the Competition Commission published its long awaited provisional decisions on how to remedy its competition findings in the grocery sect...

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Dolcis goes into administration-who's next?

Business Recovery Dolcis goes into administration-who's next?

15y rumo, Writer

Dolcis goes into administration-who's next?

On 4th January in this blog, I said that we were likely to see high street retailers getting into financial difficulty in the first quarter of 2008. 1...

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When it's not a good time to be young!

Business Recovery When it's not a good time to be young!

15y rumo, Writer

When it's not a good time to be young!

Companies House has seen a significant increase in new business incorporations in the last two years. Around 800, 000 to be exact. But as an any credi...

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Irresponsible Lending's Biggest Losers

Business Recovery Irresponsible Lending's Biggest Losers

15y rumo, Writer

Irresponsible Lending's Biggest Losers

While the US sub prime mortgage fiasco unravels still further, the rest of us can begin to reflect on who the biggest losers will be in the final reck...

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Will the credit crunch create criminals?

Business Recovery Will the credit crunch create criminals?

15y rumo, Writer

Will the credit crunch create criminals?

The BDO Stoy Hayward Annual report on Fraud released recently predicts that the credit crunch will force many business people, out of sheer desperatio...

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