Eurozone woes weigh on insolvencies
Atradius anticipates an increase in insolvencies across most developed markets, reporting that the Eurozone-led slowdown in global growth and the…
Corporate Insolvency
Business turnover at five year high in Q1
A report looking at the turnover of 4,000 UK businesses suggests that the first quarter of 2012 was the best performing quarter year-on-year since…
Graydon predicts fall in insolvencies
Company failure rates during the first three months of 2012 were nearly 20 percent lower than the same time period two years ago (2010) according to…
Run aground
CLS & Partners Limited and Sterling Mortimar Limited, two landbanking companies, have been put into provisional liquidation by the High Court on…
Back to basics to beat late payment
Late payment remains an issue for small businesses as they struggle to stay afloat in the UK’s unpredictable economy. While the UK’s…
71 percent of bankers expect small businesses to face “credit gap”
Results of the fourth European Credit Risk Survey, show that a “credit gap” looms for small businesses in 2012. The survey, which…
EC seeks feedback on insolvency law update
The European Commission is seeking views on whether its insolvency laws need to be modernised in order to best promote economic recovery. In a new…
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…
