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Latest Insolvency Related News

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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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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Working from Home Predicted to Badly Hit UK Economy
Widespread working from home among people who would previously have been based in offices in towns and cities across the country is being highlighted as potentially a major drag on overall activity within the UK economy.
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Coronavirus ‘Has Put 6 Million Behind on Household Bills’
The coronavirus crisis and the lockdown situation has pushed more than six million people in the UK behind on their household bills.
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Debenhams Looks at Liquidation Options
Bosses at the historic high street retailer Debenhams have called in experts to help them assess their options around the process of liquidation.
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Wave of Corporate Insolvencies Forecast for Autumn
The UK is set to suffer a wave of corporate insolvencies in the coming months as the government winds down its business support schemes and the true impact of coronavirus on the economy is revealed.
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UK Economy Suffers Sharpest Decline on Record
The UK economy suffered the sharpest decline in output ever recorded during the second quarter of the year as the coronavirus crisis took a devastating toll.
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Insolvency Risk Facing 75% of Hospitality Businesses
Over three-quarters of the UK’s many thousands of hospitality businesses are facing the prospect of becoming insolvent within the next 12 months.
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