NEL Fund Managers Invests £6.6m In North East Firms Through Pandemic
The North East’s longest-standing business investor has provided more than £6.6m to regional firms during the pandemic in support of…
New R3 Report Highlights Impact Of Insolvency And Restructuring Profession On Job Rescue And Creditor Returns
The UK’s insolvency and restructuring profession saved an average of 800 jobs and returned around £5m to creditors in insolvency…
Negotiations With Creditors Will Be Key To Survival For Many North East Firms – R3
With Government bans on key debt enforcement actions due to run out at the end of this month, North East…
Family Firm AWL In New Hands After 34 Years
A North East couple are heading towards a well-earned retirement after selling the non-destructive testing firm they’ve run for 34…
Triple Challenge Facing North East Firms As Tide Turns On Corporate Insolvency Figures
North East business owners trying to get their operations back up to full speed as the economy reopens are potentially…
RMT Accountants’ Corporate Finance Team Targets £250m Of Deals In 2021
Following a very strong performance in 2020, the corporate finance team at RMT Accountants & Business Advisors is targeting a…
Jules B Fashions Enhanced Online Retail Strategy With North East Fund Backing
One of the North East’s best-known fashion names is stepping up its online show with the help of a six-figure…
James Jones & Sons Acquires County Durham’s GT Timber
Sawn timber specialist James Jones & Sons has acquired GT Timber, the holding company of Taylormade Timber Products and Kerr…
North East Business Owners Urged To Use Covid Insolvency Protections Extension To Plan For The Future
The regional chair of insolvency and restructuring trade body R3 is urging directors of Covid-hit North East firms to use…
Reviewing Your Business Finances For Post-Covid Recovery
If you’d been standing at a New Year’s Eve party in 2019 contemplating the coming year, the chances are that…
R3 North East comments on latest official monthly corporate insolvency statistics
Commenting on the official Insolvency Service figures for January showing a 39.1% month-on-month fall in the number of UK corporate…
R3 North East comments on latest official monthly corporate insolvency statistics
Commenting on the official Insolvency Service figures for January showing a 39.1% month-on-month fall in the number of UK corporate…
R3 North East Chair Calls For Chancellor To Make Early Announcement On Business Support Measures
North East business owners can’t rely on Rishi Sunak continuing to meet their firms’ operating costs indefinitely – but he…
‘Sting In The Tail’ Warning Despite Significant Year-On-Year Fall In Corporate Insolvencies
A ‘sting in the tail’ of the official annual corporate insolvency figures for 2020 could indicate that North East businesses…
Treasury ‘cash grab’ could increase North East business insolvencies, warns R3 regional chair
A new law that comes into force on 1 December which will move HM Revenue & Customs higher up the…