11th April 2025 - Credit Connect

Economy grew more than expected in February – industry reaction

11th April 2025 Commercial Credit Management | #economy growth

The UK economy grew by 0.5% in February, according to the Office for National Statistics (ONS). The data showed growth following a 0.1% fall in January. The services sector expanded by 0.3 per cent, the production sector grew by 1.5 per cent and construction activity increased by 0.4 per cent. Commenting on the GDP figures,…

Bank of England warns of market challenges

11th April 2025 Consumer Lending | #bank of england

The Bank of England’s Financial Policy Committee (FPC) has published a report on the health of the UK economy and financial system. The FPC said that the probability of adverse events had risen, and the UK’s open economy was particularly exposed to the market turmoil. The report also noted that UK banks remained well-capitalised and…

Global business optimism continues to fall

11th April 2025 Commercial Credit Management | #business confidence

Global business optimism continues to decline, revealing a 1.3% quarter-over-quarter decline in business optimism according to latest research by Dun & Bradstreet. The fall in confidence follows a sharp 12.9% drop seen in the prior quarter. Persistent global economic uncertainty and rising trade protectionism continue to dampen global business sentiment. While financial confidence dropped 8.6%…

INSOLVENCY NOTICES: Appointment of Administrators – March 2025

11th April 2025 Business | #Appointment of Administrators

In March, the following administration notices were issued and advertised in the London Gazette for the following companies: ABSOL REALISATIONS LTD ACM-47 GUILDFORD RD LIMITED ACTION ARTIFICIAL INTELLIGENCE LIMITED AD WILLIAMS LYDD LTD AD WILLIAMS SOUTHAMPTON LIMITED ADAM CARPETS LIMITED ADVENTURE PARC SNOWDONIA LIMITED AERGO LTD AFTECH LIMITED ALSIM SYSTEM BUILDING LIMITED ALTRIX TECHNOLOGY LTD…

LIQUIDATION NOTICES: Creditors Voluntary Winding-Up – March 2025

11th April 2025 Business | #Creditors Voluntary Winding-Up #Liquidators notices

Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in March: 1 COMM SYSTEMS LIMITED 100WATT DESIGN LIMITED 1016 DEVELOPMENTS LIMITED 10761645 LTD 11220212 LTD 11557975 LTD 141 PARK LANE LIMITED 1CSS LTD 21ST CENTURY WASTE SOLUTIONS LTD 2ASB LTD 2MANYWINES LTD 3P EFFECTS DECORATING…

INSOLVENCY NOTICES: Winding Up Petitions – March 2025

11th April 2025 Business | #insolvencies #Winding Up Petitions (Companies)

In March, Winding Up Petitions (Companies) were issued and advertised in the London Gazette for the following companies: 1 CHARLES STREET LTD 111280 LTD 18-19 BUCKINGHAM GATE INVESTMENTS LIMITED 3 B’S FOOD GROUP LTD 3P EFFECTS DECORATING LTD 3RD SECTOR ESTATES LIMITED 4 IN 1 EXPRESS TAKEAWAY LTD 4PE SYSTEMS LTD 713 HOMES LIMITED 7EN…

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