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Insolvency Related News

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Latest Insolvency Related News

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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Government Promises Tough Action Against Directors ‘Recklessly Profiting’ From Company Dissolutions
The government has taken steps to strengthen the powers of the Insolvency Service when it comes to cases of improper conduct during company dissolutions.
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Buyers Sought for Scottish Bakery Business Entered into Liquidation
A Scottish bakery business employing several hundred people in various parts of the country has been entered into liquidation after succumbing to the effects of an ongoing cash flow crisis.
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If you are considering liquidation for your company, taking expert advice at an early stage is crucial. At UK Liquidators, our team of licensed insolvency practitioners are committed to providing limited company directors with the help and advice they need to make an informed decision.

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