BRC attempts to put halt to difficult times for retailers
There's no doubt that retail administrations have dominated business headlines this year, with news that HMV, Jessops, Blockbusters, Republic and more have hit the wall, spreading fast. With so many...
View ArticleThe key to wealth? Speed
The retail industry has taken a hammering this year, and we're only just going into March. But it isn't all doom and gloom. In fact, we're seeing a number of businesses that have used their...
View ArticleSMEs steering clear of debt funding
Small and medium-sized enterprises (SMEs) are reportedly steering clear of the corporate debt funding path when it comes to methods of raising finance. A recent survey from BDO found that tradable debt...
View ArticleBig business diversifying through acquisitions
Investing in new departments and skill sets can be a slow and demanding process that drains both human and financial resources. But we're seeing a growing number of companies avoiding this problem by...
View ArticleTesco puts its acquisitions to work
Tesco is due to put its latest acquisition straight to work in order to broaden the appeal of its existing business. The supermarket has today confirmed its purchase of the Giraffe chain of restaurants...
View ArticleGovt to launch pre-pack insolvency review
The government has confirmed that it is to launch an independent review of pre-packaged insolvency sales in the first half of this year. A pre-pack sale involves the business being marketed to a new...
View ArticleOsborne announces Budget for 'hard workers'
Chancellor George Osborne this week announced a Budget for “people who aspire to work hard and get on”, with some welcome news for entrepreneurs. One of the most beneficial announcements in the...
View ArticleRent day to prompt flurry of retail administrations?
The next quarterly rent day is rapidly approaching (Monday, 25 March) and businesses in retail and commercial properties will be digging deep to find the rent for the next three months. Since the...
View ArticleReport highlights gap between London and other UK cities
Britain's economy has historically been split across a number of major cities, including Birmingham, Liverpool and Glasgow. Strong industry connections and proximity to transport links allowed these...
View ArticleRising business rates forcing independent retailers out of businesses
A significant number of major retailers have hit the wall this year, but what about the smaller shops on the British high street? Figures suggest that independently-owned shops make up around...
View ArticleScottish business collapses slowing down
The number of businesses entering administration or being closed down in Scotland has fallen over the past year, according to recent data. Figures from accountancy giant KPMG showed that 159 firms...
View ArticleCould the weather really bring down a business?
Running a business involves balancing an endless list of supply and demand issues. Problems in politics through to fashion trends among consumers can result in serious dents or peaks in a company's...
View ArticleWill small business see benefit from FLS adjustments?
The Bank of England and the Government have long been hunting for a way to encourage growth in the economy. But one of the biggest hurdles to overcome is the poor access to finance that has been...
View ArticleBusiness health improving, but funding still an issue
British business appears to have made it through the worst of the recession, with the latest GDP figures confirming that the country did not take a third dip into recession in the first quarter of the...
View ArticleAxminster turnaround beats targets
Axminster Carpets, one of the UK's most established carpet businesses, entered administration last month, with the loss of hundreds of jobs and a bleak outlook as sales continued to falter. But just...
View ArticleIT acquisitions help Pure Data grow while others flatline
Pure Data Solutions has posted positive figures of growth even as others in the IT reseller sector have flatlined amid ongoing tough trading conditions. The company's success appears to lie in its...
View ArticlePublic sector rejig to provide acquisition opportunities?
Privatisation of public services will always be contentious; but while some will spend their time discussing politics, others are keeping a hawk-like eye on the Government's disposal strategy in order...
View ArticleWould 'fiscal freedoms' for London help businesses?
Negotiating cash flow and expenses is one of the most basic problems for business buyers and existing owners. Something as simple as an increase in business rates can push a company into administration...
View ArticleWhy money doesn't always win in the acquisitions game
The acquisitions business is not a game that can always be beaten with the biggest hand of cash. Sometimes partnerships and future opportunities prove to be of greater value to the seller. Take the...
View ArticleIMF warns of tough road to recovery
The International Monetary Fund (IMF) has warned that the UK has a long way to go before its economy will be in a stable position. It explained that austerity measures implemented by the government...
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