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BHS retail’s second-largest company insolvency

BHS is the second-largest company insolvency to hit the retail sector since the onset of the recession, according to the latest Who’s Gone Bust? report from the Centre for Retail Research. In the whole of 2015 there were 25 significant company insolvencies in...

With insolvency advice Manchester innovators can beat failure

The fear of company liquidation in its fledgling stages is one any entrepreneur must overcome, and with upfront insolvency advice Manchester’s innovators can do just that. When you’re setting up in business – especially if you are doing so for the...

Insolvency reforms ‘make already-good corporate recovery better’

Following the news that key suppliers will be unable to cut off customers during business insolvency, industry trade body R3 have said that the reforms should improve the already-good UK corporate recovery system. Last week we reported on the plans, due to come into...

Basic bank account pressure is good news for insolvency advice

The insolvency advice given to individuals facing bankruptcy in the months to come could be a little more positive than it has been in the past, thanks to government pressure on the major banks to ensure individuals can access basic bank accounts until their...

QE ‘raises risk of corporate insolvency’

Quantitative easing (QE) increases the risk of corporate insolvency for many firms, but continues to be used by the Bank of England to try and kickstart the economy, says Dr Ros Altmann. The director general of over-50s specialist Saga explains that QE has...