Credit, Collections & Insolvency News
Latest research from Hargreaves Lansdown has found that one in five say their monthly mortgage payments have already risen more than £200 in the past 18 months. Two in five people with a mortgage say their payments haven’t gone up since interest rates started rising – because so many are on fixed rate deals with…
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Chartered accountancy body ICAEW has announced the appointment of David Franklin as its Chief Financial Officer (CFO). As CFO, Franklin will be responsible for the Institute’s finance and central operations teams and will be one of the executive representatives on the ICAEW Board. The appointment was made by a senior staff appointment panel, comprising members…
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The number of breweries becoming insolvent has tripled in the past year, jumping to 45 in the year to March 31 2023, up from 15 in the previous year according to research by Mazars. Paul Maloney, Associate Director at Mazars says the insolvencies are largely of smaller craft breweries who have suffered from an oversaturated…
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Continued supply chain pressures, including cost increases, delayed materials and shortages outrank workforce challenges and increasing business costs as a main concern for over a third (36%) of mid-sized businesses, according to latest research from accountancy and business advisory firm BDO. The bi-monthly survey – which looks at the challenges and opportunities facing mid-sized businesses…
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