Pub numbers fall but jobs increase, new figures show
Almost one in four UK pubs have closed in the past decade with smaller, rural pubs being the worst affected, according to new figures from the Office of National Statistics. …
Northern firms have highest insolvency rates, new figures show
Northern businesses have the highest insolvency rates in the country, according to new government figures which give a regional breakdown of insolvencies for the first time. The figures, released today, …
Business rates and Brexit uncertainty increases insolvency numbers
The number of business insolvencies rose again in the third quarter – with business rates, uncertainty over Brexit and traffic congestion being partly to blame, according to the insolvency and …
2 in 5 ‘bricks and mortar’ retailers now at risk in North West
The proportion of North West high street retailers with an elevated risk of insolvency has leaped from 36% to 41% in just six months, according to research by insolvency and …
News and comment from the insolvency profession in the North West
Find the latest North West news from R3, the trade body for insolvency and restructuring professionals, on our R3 North West page. We can also provide spokespeople for TV and …
Insolvency professionals welcome clampdown on rogue directors
Government plans to clamp down on directors who dissolve companies to avoid paying workers or pensions have been welcomed by insolvency practitioners in the North West. The proposals, which were …
Cost of food is most likely reason families struggle to payday
Three in ten adults in the North West (29%) struggle to reach payday – with the cost of food most likely to be the cause of this, according to research …
Katie Price case shows why people turn to IVAs
The decision by businesswoman and former glamour model Katie Price to work with her creditors to try and agree an Individual Voluntary Arrangement (IVA) has shone a spotlight on a …
North West figures show it’s not all gloom on the high street
The number of restaurants and retailers in the North West continues to rise rapidly despite a string of high-profile failures in both sectors, according to research by insolvency and restructuring …