Call To Action For North East Business Owners After Sharp Rise In Corporate Insolvencies
A sharp year-on-year rise in the number of UK corporate insolvencies should act as a wake-up call for North East…
North East Customers Advised To Act Quickly To Redeem Insolvent Retailers’ Gift Cards
North East shoppers holding gift cards from any retailer which has entered an insolvency process should try to use them…
Big contractors’ woes threaten thousands of small firms
Thousands of small firms could be affected in the year ahead as a result of the financial troubles facing the…
Signs Of Both Distress And Growth For Majority Of Regional Firms
The majority of regional companies are reporting experiencing at least one sign of business distress, as well as at least…
North East England Tops UK Personal Insolvency Table For Tenth Successive Year
North East England has retained its unwanted place at the top of the national table for personal insolvency for the…
Mixed Fortunes for Different Types of Stores in North East Retail Sector
New research into the state of the North East retail sector has revealed very mixed fortunes for businesses operating across…
Andrew Haslam Takes Over As North East Chair Of Insolvency Trade Body R3
Experienced finance professional Andrew Haslam has taken over as the new chair of the North East arm of insolvency and…
Late Payment Problems Still Hitting One In Eight Regional Firms
Problems with late invoice payments are still hitting one in eight regional firms, according to new research by insolvency and…
Insolvency Risk Continues to Rise for North East Firms
The risk of North East firms getting into financial difficulty in the next year is rising across almost every business…
Average North East Business Insolvency Risk Rises by 2.5% Points in First Half of 2017
The proportion of North East businesses with a heightened risk of becoming insolvent in the next 12 months rose by…
Personal/Corporate Insolvency Statistics For 2016
Commenting on the rising personal and corporate insolvency statistics in 2016, announced by the government this morning, Neil Harrold, chair…
Average indebted adult in the region owes £6,400 – R3
People living in the region are 11 per cent more in debt that the national average, according to new research…
2016 Q2 England & Wales Insolvency Statistics – R3 Comments
This is the most sustained rise in personal insolvency numbers since the financial crisis.”
North East hotel sector bucks regional trend of increasing business stability
The North East hotel sector has bucked a wider trend of regional business sectors experiencing growing stability during the second…
Company Records Changes Could Be ‘Clean Slate’ For Dodgy Directors
Plans to slash the amount of time that records of closed companies are held could give corporate fraudsters a clean…