UK businesses on balance expect negative economic impacts to arise from the Brexit process, according to a recent Bank of England survey, hinting at an increased risk of corporate insolvency in the years to come. The Financial Repercussions of Brexit on UK Businesses...
The start of 2018 has been a difficult time for company insolvency in the holiday and hospitality sector, as operators continue to face a pound that is much weaker than in previous years. Brexit and the strength of the pound Following the EU Referendum on June 23rd...
Following an unsettled start to 2018, many retailers may have been pinning their hopes on the early Easter weekend to help them allay any fears of business insolvency heading into the new financial year. Drop in non-food retailers Before the bank holiday weekend...
Most of us welcome the longer daylight hours of springtime after a dark winter, but for some it raises the threat of personal insolvency, with more hours in the day to pay for. Longer days may increase reliance on credit Research by credit report provider Noddle shows...
Research has revealed that during 2010 the group most affected by personal insolvencies was the married middle-aged and middle-class. The largest demographic of new cases was made up of married, middle-class and skilled working-class people of middle age who live with...
Another knock-on effect of drastic government spending cuts hitting businesses hard. The most affected are companies that goods or services to the public sector. Research has revealed that 168 companies in the health and social services, education and defence sectors...
