Insolvency

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20/08/2010

Business insolvency fell in July, new figures reveal
New research has revealed that business insolvency fell in July, particularly among small to medium-sized enterprises (SMEs).Figures published by Experian ...

13/07/2010

Banks criticised over bankruptcy and insolvency stigmatism
Citizens Advice has slammed banks which refuse to provide accounts for those dealing with bankruptcy and insolvencyThe consumer group pointed out that ...

13/07/2010

Pub insolvency rates 'have decreased'
The number of pubs falling into insolvencyA study carried out by PricewaterhouseCoopers (PwC) showed that 60 pubs filed for insolvencyHowever, PwC spokesperson ...

06/07/2010

New business registrations rise while insolvency falls, figures show
New figures have shown that the number of start-up business registrations in the UK has risen.The statistics published by Companies House state that there ...

02/07/2010

Insolvency 'should not be stigmatised'
A financial expert has said that personal insolvency should not be stigmatised.Ed Bowsher, head of consumer finance for lovemoney.com, said that it may ...

09/06/2010

Redundancy surge results in more men seeking debt advice
The large number of people being selected for redundancy as a result of the recession has led to an increase in the number of men seeking debt advice.Charity ...

02/06/2010

Increased reliance on credit 'could lead to insolvency problems'
People in the UK have been warned that relying on credit to pay everyday expenses could lead to insolvency.Richard Sorsky from the UK Insolvency Helpline ...

14/05/2010

Insolvency rises in first quarter of 2010
Statistics released by the Ministry of Justice have shown that the number of people declaring themselves insolvent or bankrupt in the first three months ...

22/04/2010

Company insolvency numbers static in eastern England
The number of company insolvencies in eastern England remains unchanged, despite the end of the recession. Figures compiled by information services company ...

21/04/2010

Insolvency professionals 'play key role in saving jobs'
Seeking professional insolvency advice helped companies to save almost two million jobs during 2009, according to a new study. Job losses are generally ...

29/03/2010

Small businesses 'are concerned about future insolvency'
Small businesses in the UK are worried about their likelihood of insolvency should another recession occur.This was the discovery of recent research by ...

22/03/2010

Business insolvencies down in east of England
The number of business insolvencies in the east of England declined sharply in February, according to a new report.Figures compiled by information services ...

16/03/2010

Trade body predicts 150,000 cases of insolvency this year
It has been predicted that there will be more than 150,000 cases of insolvency in the UK by the end of 2010.The estimates come from insolvency trade body ...

11/03/2010

More men are facing insolvency than women, report finds
Insolvency is more likely to affect men than women, it has been found.According to new figures from the Consumer Credit Counselling Service (CCCS), 55.4 ...

11/02/2010

Hospitality sector 'will see rising insolvency risk'
Businesses in the hotel and hospitality sector are to come under increased threat of insolvency in the coming weeks and months.This is the view of John ...

09/02/2010

Insolvency 'will continue to threaten construction firms'
Construction companies have been warned to expect a continued risk of insolvency in 2010, despite a decrease in the number of failures among building ...

08/02/2010

4,500 firms hit by insolvency in fourth quarter of 2009
More than 4,500 UK companies were hit by insolvency in the final quarter of last year, according to new government figures.The latest statistics from ...

05/02/2010

Insolvency threat 'will continue despite positive signs'
An expert has warned that recent positive economic indicators should not mask the continuing threat of insolvency faced by many companies.Mike Jervis, ...

28/01/2010

Businesses 'should not expect insolvency rate to decline yet'
Companies are unlikely to see their risk of facing insolvency decrease in the coming months despite the end of the recession, according to an expert.Steven ...

22/01/2010

Businesses 'lacking confidence over insolvency risk'
UK companies are pessimistic about their prospects during early 2010 due to the increasing risk posed by insolvency, according to new research.Statistics ...

20/01/2010

UK insolvency rates will rise, says CBI
The Confederation of British Industry (CBI) has backed recent forecasts suggesting that UK businesses are to face an increasing risk of insolvency over ...

15/01/2010

Rates of insolvency 'are continuing to rise'
Companies are facing an increasingly large threat of insolvency despite the recent easing of recessionary pressures, according to an expert.Charles Moses, ...

13/01/2010

Harsh winter 'could increase insolvency risk for UK firms'
Companies across the UK could see their business come under increasing threat of insolvency because of the recent heavy snowfall, according to an expert.Phil ...

07/01/2010

Norfolk insolvency rates 'are set to rise'
Companies in Norfolk could be faced with a larger risk of insolvency in 2010 than they were last year, according to an expert.Dr Jerome Healy, lecturer ...

04/01/2010

Businesses 'should still be aware of insolvency risk in 2010'
Recession-hit businesses should continue to be aware of the threat of insolvency, despite recent signs of an economic upturn.This is the view of the insolvency ...

23/12/2009

UK businesses 'facing record insolvency rates'
Companies in the UK are more at risk of insolvency during the current recession than during any previous economic downturn, according to research.The ...

14/12/2009

Insolvency rates 'are likely to rise in New Year'
Companies in the UK are likely to see the threat of insolvency become more pronounced in the first few weeks of 2010, according to an accountancy firm.Woods ...

10/12/2009

Time to pay scheme extension 'will protect firms from insolvency'
The government's decision to extend its tax relief system for small businesses has been praised for the role it will play in protecting companies against ...

08/12/2009

Government 'must act to protect firms from insolvency'
A private sector business group has urged the government to provide support for companies in order to protect them from falling into insolvency.Private ...

30/11/2009

Businesses 'to face rising insolvency risk over New Year'
Struggling firms should not rely on the upcoming Christmas period to alleviate the danger of insolvency, according to an expert.Andy Wood, regional chairman ...

24/11/2009

UK insolvency rates see October increase
The number of UK companies facing insolvency increased slightly in October, despite an overall rise in the strength of British business, according to ...

06/11/2009

Company insolvency figures rise despite fall in compulsory liquidations
The number of compulsory liquidations in England and Wales fell during the third quarter of 2009, according to figures published by the Insolvency Service.There ...

04/11/2009

Insolvency expert predicts tough period for retailers
The build up to Christmas could be marked by a series of business failures in the retail sector, according to an insolvency expert.Retailers have experienced ...

30/10/2009

BPSS 'will not protect all firms from insolvency'
Companies looking to the government's Business Payments Support Service (BPSS) scheme as a way to avoid insolvency have received a reminder that it will ...

29/10/2009

Higher taxes 'may increase insolvency risk for small firms'
Possible increases in business taxes may cause a rise in insolvency for recession-hit small companies, according to a new report.The Federation of Small ...

28/10/2009

Smaller businesses 'face a higher risk of insolvency'
The rising rates of insolvency among UK businesses could be set to hit small companies harder than most, according to new research.Information services ...

27/10/2009

Insolvency rates 'will continue to increase'
The number of companies going into insolvency is set to continue increasing well into 2011, according to a report.Analysis from accountancy group Tenon ...

22/10/2009

Corporate insolvency 'set to rise in the coming years'
UK companies have been warned to expect a rise in the rate of insolvency during 2010 and 2011.Business recovery group Begbies Traynor has stated that ...

22/09/2009

Business failure rates 'likely to rise again'
More UK workers could find themselves being forced into redundancy as a result of increasing numbers of business failures, new claims have suggested. ...

09/09/2009

Property sector 'experiencing rising insolvency rates'
Property and construction firms are seeing increased rates of insolvency as a result of the recession, according to new research.Statistics published ...

24/08/2009

Restaurant closure rates slowing down
The number of insolvencies in the restaurant sector went down during the second quarter of 2009, according to new data.Statistics from PricewaterhouseCoopers ...

17/08/2009

City dwellers face higher insolvency risk
People living in cities are more likely to face insolvency and bankruptcy, an accountancy firm has stated.According to Deloitte, this is partly because ...

07/08/2009

Company insolvency on the rise
The number of company insolvencies in the UK has gone up in the last few months, a new report has revealed.According to statistics from the Insolvency ...

30/07/2009

Lenders accused of being irresponsible
The UK Insolvency Helpline has pointed the finger at lenders over the current economic crisis. According to the group, lenders have been irresponsible ...

21/07/2009

Greater use of pre-packs 'has not led to more instances of misconduct'
Misconduct by company directors does not appear to have been more prevalent in insolvency cases involving pre-packs, a new report has stated.This week, ...

21/07/2009

Motor traders forced to close
Two Cheshire-based firms have been forced to cease trading after an investigation by the Insolvency Service.CarWorldDirect.com was found to have not maintained ...

24/06/2009

Insolvency Service pledges to crack down on rogue firms
The UK Insolvency Service has reaffirmed its commitment to clamping down on unscrupulous and dishonest business.Stephen Speed, chief executive of the ...

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