Latest Insolvency Related News
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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21/08/2020
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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18/08/2020
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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13/08/2020
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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28/07/2020
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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15/07/2020
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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27/06/2020
Economic Growth Clocked at Sluggish 0.3% in Second Quarter
The UK’s overall gross domestic product (GDP) grew by just 0.3 per cent during the second three-month period of the year, according to official data on the subject.
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