Borrowers feel the strain as use of payday loans rises
Insolvency practitioners are warning people to be aware of the risks of using payday loans after a rise in the number of North West adults who report struggling to make …
Strong start to summer season for NW hospitality
As operators gear up for the summer season, the North West tourist industry is in healthy shape. New figures from the insolvency and restructuring trade body R3 show that the …
‘Tax avoidance’ penalties leave firms at risk of limbo
Hundreds of small businesses throughout the North West risk being left in limbo unless the government adopts a more flexible approach to tackling ‘tax avoidance’, members of the insolvency and …
9 top tips for dealing with debt problems
Money worries affect the mental health of 1 in 4 North West adults, according to recent research from R3, the trade body for insolvency professionals. Here are R3’s tips for …
Money worries affect mental health of 1 in 4 in North West
One in four (24%) North West adults say that personal or household finances are having an adverse effect on their mental health, according to the research of over 2,000 British …
Clicks more risky than bricks in North West retail
Almost one in three online retail firms in the North West are at greater than normal risk of failure – a higher proportion than high-street clothing, footwear or general retail …
Businesses facing 3 years of change, says new R3 chair
Businesses will need to be alert and agile if they are to thrive in the new age of uncertainty, warns the new North West Chair of R3, the insolvency and …
Business insolvencies show first rise in five years
The level of business insolvencies remained at pre-crisis levels during 2016 – though an increase in the final quarter was the first in five years, according to statistics from the …
Record year for North West start-ups as business numbers rise by 10%
The total number of businesses in the North West has increased by 10% in 2016 due to a record level of start-ups, according to new research by the UK insolvency …