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Christmas could see a rise in retailers going under

FOR BUYERS

UK retailers could be facing a lean Christmas, if predictions that insolvencies and corporate failures will rise to 2008 levels over the holiday period prove to be true. Figures from financial services firm, Deloitte, showed tha...continue reading


RBS to step up its lending to SMEs

FOR BUYERS

The Royal Bank of Scotland has announced its intentions to step up its efforts to lend more money to small and medium-sized enterprises (SMEs) in order to finance expansion efforts. Of all the UK's big banks, the beleaguere...continue reading


SMEs must "grow their way out of hard times"

FOR BUYERS

Many small- and medium-sized businesses (SMEs) need to stop sitting on stockpiles of cash that they have gradually built up during the economic crisis, and start investing it in growth steps, a leading venture finance expert has s...continue reading


Scottish businesses facing increasing distress

FOR BUYERS

Increasing numbers of Scottish businesses are facing financial distress, according to new figures released by the national Accountant in Bankruptcy (AiB). The AiB has said it received 361 notices from Scottish businesses in the s...continue reading


M&A activity shows foreign decrease, domestic increase

FOR BUYERS

The value of foreign acquisitions by British companies in the second quarter of 2011 fell by more than half from the first quarter total, from £20.7 billion to £10.2 billion. The figures issued from the Office for Nat...continue reading


Single trading statement for small businesses

FOR BUYERS

Changes to Department for Business (DfB) regulations mean that small firms may soon be able to file their financial positions to Companies House and HM Revenue & Customs in one single document. The DfB said that the trading stat...continue reading


Pre-pack administration changes delayed

FOR BUYERS

Changes to the pre-pack administration process have been pushed back, the Insolvency Service has confirmed, with no changes likely to take place before April. The minister in charge of insolvency, Ed Davey, had previously said t...continue reading


Motor dealerships showing post-scrappage distress

FOR BUYERS

A new report on business distress in Britain's motor dealerships has shown that one in five of them are unable to pay their short-term debts and liabilities. The latest Baker Tilly/Company Watch research on motor dealership...continue reading


Johnson calls for aid for mid-sized businesses

FOR BUYERS

The former chairman of Channel 4 and renowned private equity specialist, Luke Johnson, has said mid-sized businesses in Britain are being stifled by red tape, despite being the “unsung heroes” of the economy. The busi...continue reading


Rising administrations see landlords scrabble for tenants

FOR BUYERS

The rising number of businesses facing distress and imminent administration may present opportunities for people looking to buy or rescue businesses, but for landlords they are proving to be a costly headache. Closing retail sto...continue reading


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