Post Profile

Brexit is going to put hundreds of companies out of business

The UK's insolvency industry thinks that Brexit will increase the number of business failures over the next twelve months, according to a survey conducted by international law firm Pinsent Masons. Attendees from more than 400 insolvency firms were surveyed at an conference this week, and 62% of those believe that the UK's vote to leave the European Union will lead to a greater number of business failures over the next 12 months.
read more


Related Posts

UK Banruptcy Tzar On Verge Of Bankruptcy

Business & Finance : Zero Hedge

Despite around $135 million in bailouts, the UK government's Insolvency Service disputes its own insolvency. The FT reports that one British MP summed it up - "it is fair to say that if this was a company it would be in deep trouble...

English Industry Body Blames Increase In Worker Mental Health Problems On Austerity

Business & Finance : Zero Hedge

First the good news. According to the "Sickness Absence" survey of 330 firms, conducted by the EEF, or the UK's manufacturing association, the number of days taken off work through sickness is at a record low. The survey found that ...

Supermarket price wars are killing food suppliers

Business & Finance : Business Insider: Clusterstock

The number of UK food suppliers that have gone bust has tripled in the past five years, according to accountancy firm Moore Stephens. More than 160 food companies became insolvent in 2015, which is more than three times the 48 insol...

Insolvency Legislation and the Procurement Dilemma

Business & Finance : Spend Matters

Categories: Last week, three directors of failed courier firm City Link were charged with not telling the UK’s Business Department in advance that they were planning to make staff redundant. The Insolvency Service said that the Depa...

The oil price crash is completely changing the industry's landscape

Business & Finance : Business Insider: Clusterstock

The crash in oil, which has seen the price of crude fall by more than 75% in the last 18 months, is fundamentally changing the landscape of the resources industry in the UK as big numbers of oil firms go into insolvency, or look to ...


Copyright © 2016 Regator, LLC