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All the latest news, articles and blogs across industry sectors from Red Flag Alert
18-03-2019 UK Business News
Christie contractor enters into administration
Interserve, the construction firm appointed to develop The Christie hospital in Manchester, has entered into administration with all the company's assets immediately moving to a new specially formed company.
12-11-2018 UK Business News
Bank of England Warns of Growth in High-Risk Business Lending
With business confidence in the UK precarious as Britain edges towards an uncertain Brexit, the Bank of England has cited a high number of loans to risky businesses as being a serious problem to throw into the mix.
29-10-2018 Press
REVEALED: the most entrepreneurial areas of Greater Manchester…and the least
Bury is the most entrepreneurial borough in Greater Manchester with the highest rate of firms launched last year, according to new research published today.
25-10-2018 Press
469,000 Businesses In ‘Significant’ Financial Distress
The number of UK companies rated as being in ‘significant financial distress’ during Q3 2018 has increased by 5% compared to the same quarter last year, according to the latest Red Flag Alert research data from Begbies Traynor, the UK’s leading independent insolvency firm.
23-08-2018 UK Business News
Homebase Sold To Hilco For £1
Homebase join a long list of retailers scrambling to survive in an increasingly hostile retail environment. Led by the restructuring firm Hilco, Homebase is expected to propose a company voluntary arrangement imminently.
23-08-2018 UK Business News
The Future of the Pub Industry
With 18 pubs closing every week, what does the future hold for the 50,000 that remain? The environment seems bleak: increased tax on alcohol, a decreasing drinking culture among millennials and economic uncertainty are three headline reasons for pessimism, but is there reason to be hopeful?
10-08-2018 Press
Importance of credit monitoring due to increases in unsecured lending
In recent years, SMEs have found it increasingly easy to obtain unsecured loans. Many business owners are not able, or willing, to provide collateral for a secured loan so they’re turning to the growing market of unsecured debt.
10-08-2018 Press
Company Credit Check Guide
As trading continues to be challenging for UK businesses, now is a perfect time to start reviewing how you monitor the creditworthiness of your customers.
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