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 …
Tag Archives: R3
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 …
1 in 5 in North West has outstanding credit card balance for 6 months
One in five (20%) North West adults have had an outstanding credit card balance for at least six months, while one in 25 (4%) has had an outstanding balance for …
Business insolvencies continue upward trend
The number of business insolvencies continued its upward trend in the second quarter of the year, according to the latest official figures released today. While the number of insolvencies was …
Young women in North West most likely to become insolvent
The number of personal insolvencies in the North West Increased for the second year running in 2017 – with women being more likely than men to be affected, according to …