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Insolvency Related News

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Latest Insolvency Related News

13/11/2020
Struggling Companies Ask for Bounce Back Loan Top Ups
Companies in financial difficulty have been applying in large numbers for top ups to their Bounce Back Loans after England went back into a full coronavirus lockdown.
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29/10/2020
Perfect Storm Forecast for Struggling Companies
The coming months could represent a “perfect storm” of difficult operating conditions for a lot of UK companies already under financial strain.
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23/10/2020
Nearly 1 in 5 Hospitality Businesses at Severe Risk of Insolvency
Almost one in five hospitality businesses across the UK recently said they would consider themselves to be at severe risk of entering insolvency.
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13/10/2020
Football Clubs ‘Will Be Gone in Weeks Without Urgent Help’
Clubs across the English Football League (EFL) will start to disappear in a matter of weeks unless they can be financially supported.
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08/10/2020
Cashflows Deteriorated at 45% of UK Companies in Q3
Close to half of all UK companies polled recently said their cashflow situation deteriorated over the course of the third quarter of this year.
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24/09/2020
Chancellor Outlines ‘Pay as You Grow’ Repayment System for Bounce Back Loans
Chancellor Rishi Sunak has outlined a new “flexible” repayment system that is to be introduced in relation to Bounce Back Loans provided to businesses hit by the coronavirus crisis.
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16/09/2020
Business Rates Bills Could See Thousands of Pubs Closing
Business rates bills worth a collective total in the region of £800 million could soon see thousands of pubs closing across the UK.
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11/09/2020
UK Economy 11.7% Below Pre-pandemic Levels in July
July saw the UK economy increase in scale by as much as 6.6 per cent but the headline rate of GDP remained 11.7 per cent below pre-pandemic levels.
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