Tech sector has highest number of firms at risk
Digital businesses – regarded as one of the ‘hottest’ sectors of the economy – are amongst those with the highest risk of failure, according to figures produced by the insolvency …
Personal debt in North West ‘at worrying levels’
· 17% of North West adults have five or more separate debts · One in five are behind with their credit card payments The personal debt burden in the North …
BBC supports new digital award
A new award supported by the BBC aims to recognise the use of digital innovation and social media by organisations in the North of England. The BBC Digital Excellence Award …
Interest rate rise ‘would be welcome in North West’
Almost a third (30%) of people in the North West would be better off if interest rates were to rise by one per cent or more in the next 18 …
Fridge van firm secures £200k for growth
A fast-growing business which manufactures insulated linings for refrigerated vehicles is planning to double in size following a £200,000 loan from Lancashire’s Rosebud Finance. The funding will allow CoolKit to …
IFA aims for 100 offices
A Chorley-based firm of Independent Financial Advisers (IFAs) has secured a £100,000 loan from Lancashire’s Rosebud Finance to pursue its ambitious growth plans. Cheetham Jackson Ltd, which employs 16 people …
Recovery kicks in as insolvencies fall again
The number of companies entering administration decreased for the fourth time in a row in the second quarter of 2014, to reach the lowest level since 2005, according to the …
IVAs on the rise as consumers seek debt solutions
The number of people taking out Individual Voluntary Arrangements [IVAs] to resolve debt problems reached a record high in the second quarter of the year, according to the government’s official …
Banning ‘ransom demands’ could save 2,000 businesses, says R3
Over 2,000 businesses could be saved each year by measures to prevent utility companies and other key suppliers from demanding ‘ransom payments’ from insolvent companies, according to the insolvency trade …