The pace of capital investment has fallen in 2017 and is forecast to slow even further in 2018 according to the latest ICAEW Economic Forecast. Business investment is forecast to be 2.1% this year, the second weakest since the global financial crisis. As companies continue to ‘wait and see’ what kind of post-Brexit settlement is…

Winding up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 10141715 LTD 2028 X LTD 53 CAPITAL TRADE LTD A F REPROGRAPHICS LTD A-B-A-C-U-S FRANCHISING COMPANY LTD A1 SOUTH LTD ACE SCAFFOLDING SERVICES LTD ACH GROUP MANAGEMENT LTD ACORNFORD ESTATES (NORTHERN) LTD ACQUISITION 395445642 LTD ACTONVILLE CONSULTANTS LTD…

SMEs in the UK are missing out on over £250 billion of cash flow every year due to late payments to SMEs through invoices and associated costs according to a new report by Siemens Financial Services. The report emphasised how integral SMEs are to the UK economy. SME’s growth is being unfairly stunted by large numbers…

Latest government data has revealed that an average of six shops a day has been lost in England and Wales over the past seven years. Between 2010 and 2017, 15,856 shops were either demolished or converted into homes as retailers struggled to cope with the popularity of online commerce. There has been little reprieve under the…

The Supreme Court handed down a judgment in the case of Tiuta International Limited (in Liquidation) v De Villiers Surveyors. The question before the Supreme Court was: can a lender recover all its loss on a refinance loan from a negligent valuer, or is the lender limited to the “top up” advanced after the existing…

Poland’s corporate sector is benefitting from an acceleration in economic activity despite a rise in insolvencies and restrucuring according to the latest research by Coface. The report says that this is a reversal of last year’s situation, when the pace of economic growth was weaker. Poland recorded GDP growth of 3.8% in 2015, before falling…

The percentage of Scottish companies which report that they are benefiting from at least one sign of growth may have taken a tumble in recent months, according to new research by insolvency and restructuring trade body R3. The indicative research, part of a long-running survey of business distress by R3 and BDRC, estimates that the…

Businesses in the construction sector are continuing to suffer from steadily increasing delays for their invoices to be paid, according to online business supermarket Funding Options. Funding Options says that its analysis of 13,213, UK construction businesses shows that they now face an average wait of 69 days for their invoices to be paid in…

Research reveals internal processes and a lack of automation are top causes of late payments to suppliers, above cash flow constraints. Slow internal processes and a lack of automation are among the biggest challenges for businesses when it comes to paying their suppliers on time, according to new research by Tungsten Network and the Institute of…

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