Category: Insolvencies Set To Rise 5%

Medium Sized Businesses Face Greater Risk of Insolvency

The government recently published statistics on insolvency from 2017 showing the rate of insolvencies by location, business size and age. The statistics reveal how these three factors can influence the risk of insolvency for businesses in the UK and should act as a warning for businesses not to get too complacent even when they have…




How to Stave Off Insolvency

Insolvency is something businesses of all sizes are vulnerable to as we have witnessed in recent years. Once a business gets into financial difficulty, then things tend to take on a momentum that is difficult to stop as the slide towards insolvency continues. Sometimes a business can be brought back from the brink if owners…




UK Insolvencies Set To Rise 5% in 2017

Many UK businesses are likely to feel the full effect of Brexit in 2017 with insolvencies predicted to rise by 5%. This would put the country ahead of Western and Central and Eastern Europe which are expected to see insolvencies fall. This should put businesses on high alert and increase the need to make preparations…