Credit, Collections & Insolvency News
Large retailers, including Tesco, Sainsbury’s, John Lewis and Boots, have warned that the Government’s tax plans could jeopardise living standards in a signed letter to the Chancellor sent by trade body British Retail Consortium (BRC). The retailers argue that proposed tax increases and rising business rates may lead to a 6% rise in food prices.…
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Extreme currency fluctuations have caused SMEs to face substantial losses and are compelling businesses to change their FX strategy, according to data from independent SME funder, Bibby Financial Services (BFS). 54 per cent of SMEs surveyed say they’ve been stung by volatile exchange rates in the past year, losing over £53,000 on average as a result.…
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Pollen Street has announced that it has acquired a majority stake in business restructuring provider Leonard Curtis. Leonard Curtis multi-disciplinary professional services firm, which is headquartered in Manchester, has over 30 years’ experience providing restructuring, legal, funding, mergers & acquisitions. advisory and other business services to SMEs and corporates. The business has a strong national…
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