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Latest industry news and updates

Bank of England Warns of Growth in High-Risk Business Lending

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.

REVEALED: the most entrepreneurial areas of Greater Manchester…and the least

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.

469,000 Businesses In ‘Significant’ Financial Distress

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.

Homebase Sold To Hilco For £1

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.

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Without RedFlag Alert we wouldn't have been able to foresee problem investers before it was too late. Joe Bloggs, Head of Investment | Asda
Without RedFlag Alert we wouldn't have been able to foresee problem investers before it was too late. Peter Reid, Head of Investment | Santander

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