Interest rate rise would hurt 1 in 6 businesses
One in six businesses in the North of England (17 per cent) would face financial difficulty if interest rates rose by a percentage point or more, according to the latest …
Thousands of firms at risk in tax avoidance clampdown
Thousands of companies could be facing an uncertain future as a result of HMRC’s clampdown on tax avoidance schemes, according to the insolvency trade body R3. As HMRC steps up …
Evgen Pharma is 8th AIM listing for Enterprise Ventures
Evgen Pharma, which raised £7m through its successful flotation today, is the eighth company backed by Enterprise Ventures to become listed on the stock market. The Liverpool-based drug development company …
North West public divided over impact of interest rate rise
Thousands of companies could be facing an uncertain future as a result of HMRC’s clampdown on tax avoidance schemes, according to the insolvency trade body R3. As HMRC steps up …
New rules will stop people being made bankrupt for just £750
Changes to the law to prevent people being made bankrupt for low-value debts have been welcomed by North West insolvency practitioners. As from 1 October, an individual must owe at …
Sale of TPS provides third exit for Enterprise Ventures
Enterprise Ventures has made its third exit within a matter of weeks with the sale of TransGlobal Payment Solutions, which provides online foreign exchange services. TransGlobal, which has offices in …
Hotel comms firm checks in at Palm Beach
A communications business which specialises in serving the hospitality sector is celebrating after breaking into the US market for the first time. Fourteen IP has just completed the installation of …
Business insolvencies at lowest for 8 years
The number of business insolvencies fell to below 4,000 in the second quarter of 2015 for the first time since 2007, according to official figures released today. It is the …
Bredbury Hall acquisition saves 250 jobs
One of the North’s most iconic hotel and entertainment venues has been bought out of administration in a multi-million pound deal …