Get expert help with navigating financial and insolvency problems February 14, 2023 Has the pandemic or energy crisis hit you or your business hard? Are you in constant worry about how to navigate through the current climate? Unfortunately, when businesses are forced to close, the problems don’t often end there. If you’ve sadly had to close your business and you’re unsure how to pay your outstanding debt, [...]
Barratt ‘on track’ but forward sales slow amid house price concerns May 3, 2023 Barratt Developments has assured investors that it is “on track” for the year despite revealing a decline in forward sales, however the group’s share price tumbled 0.32 per cent when markets opened. In a trading update this morning the London-listed house builder noted that the economic outlook remained “difficult” as it posted total forward sales [...]
Arrowxl to be sold after former Yodel owner racked up debts of over £150m May 28, 2024 ArrowXL is to be sold after the company behind it, which is owned by the billionaire Barclay family and formerly included Yodel, racked up debts of more than £150m ahead of entering administration.
Housing market a ‘ticking time bomb’ as prices slow amid mortgage mayhem June 21, 2023 The housing market has slowed amid the mortgage crisis, with experts warning it is like a “ticking time bomb” before it crashes. This morning’s House Price Index from the Office for National Statistics (ONS) show average UK house prices increased 3.5 per cent in the 12 months to April 2023, but this was down from [...]
Taylor Wimpey chair Irene Dorner to step down December 16, 2022 The chair of Taylor Wimpey’s board has stepped down for family reasons. Irene Dorner will quit in April 2023 at the end of its AGM with Robert Noel taking over the role, currently a senior independent director. She will stay on the board in a non executive role. Lord Jitesh Gadhia, who led the search [...]
Staggering £25bn down the drain as 9 in 10 Brits plan to cut back in 2023 January 12, 2023 Close to £25bn-worth of discretionary outgoings in the “cut-back economy” may be lost this year as close to nine in 10 people plan to reduce their spending over the year ahead. More than a third of UK households are “financially distressed” and plan to cut back across most, if not all, of their non-essential spending, [...]
Listed legal business NAHL reduces net debt by over £3m May 2, 2024 Listed legal business NAHL revenue had a small increase of 2 per cent over the last financial year to £42.2m
Insolvencies drop 15 per cent – but experts warn ‘we’re not out of the woods yet’ May 16, 2023 Corporate insolvencies dropped off in April as business confidence seemed to improve but experts warned that the drop may not signal better times ahead. According to new figures from the Insolvency Service, 1,685 companies went insolvent in April 2023, a 15 per cent fall on the same month the previous year. This was also down [...]
Post Office cratered from UK’s sixth most trusted finance brand to 135th amid Horizon scandal May 20, 2024 The Post Office has plummeted from the UK’s sixth most trusted finance and insurance brand to 135th place, pollsters have found.
UK equity funds clock third straight year of outflows as investors continue to snub London January 9, 2024 UK equity funds have clocked their 31st consecutive month of net selling and third straight year of net outflows as investors snub the struggling London Stock Exchange for European and US markets.