Tag: Household Debt

4 simple steps to managing your business’ finances proactively

Managing your business’ finances proactively can help to minimise financial loss and maximise prosperity. In a recent blog, we discussed the advantages of becoming a proactive business rather than a reactive one. If you’re ready to transform the way your business looks after its finances by embracing proactive strategies, then we’ve put together a few…




Business Insolvencies Up 5% in England and Wales

The number of business insolvencies in England and Wales is on the rise again as the number of compulsory liquidations increases. The figures released by the Insolvency service reveal that 3,694 companies went into insolvency in the first quarter of the year which marked a 5% increase on the figures from the previous quarter. While high street…




Business and Household Debt Deficits Cause For Concern

The last global economic crisis was caused by a lethal cocktail of irresponsible lending by banks and homeowners taking on mortgages they couldn’t afford to pay back, the next big threat on the horizon is household debt and to a lesser extent corporate debt. Household debt in the UK is now at unprecedented levels according…