Energy prices put nearly three quarters of pubs at risk

24th August 2022 Business |

Organisations representing the UK’s independent brewers and beer consumers have called for urgent action on energy and support for the sector. The Society of Independent Brewers (SIBA) and the Campaign for Real Ale (CAMRA) have jointly signed a letter to the Chancellor highlighting the challenges which are putting the future of the UK beer industry…

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Urgent call for minimum wage to be increased to £15 an hour

24th August 2022 Consumer Collections |

The minimum wage should be increased to £15 an hour as soon as possible to help millions of low-paid workers struggling amid the cost of living crisis according to the Trades Union Congress (TUC) The current minimum wage for those 23 and over is £9.50 – with lower rates for those who are younger. The…

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CVAs fall 47% after HMRC tightens debt recovery rules

Data analysed by Mazars show the number of struggling firms striking Company Voluntary Arrangements (CVAs) with creditors has fallen 47% in the past year since a 2020 change to the law made HMRC a preferred creditor when firms go bust. CVAs, in which struggling firms strike agreements with their creditors to pay off debts, have…

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