Poor Outlook on Wage Rises
Weak productivity and increased costs such as; the national living wage, apprenticeship levy and pension auto-enrolment have curbed employers’ willingness to raise salaries. Even though employment is expected to rise,…
BHS Moves Into Administration
It was recently reported on this site that, in a bid to try and turn its financial fortunes around, British Home Stores (‘BHS’) was proposing a Company Voluntary Arrangement (or…
Economic uncertainty leads to increase in trade credit insurance claims
The Association of British Insurers (ABI) most recent Trade Credit Insurance survey has shown a 19% increase in the number of claims from the previous year to 11,000 with the…
The teeth of the regulatory system
The Insolvency Service recently reported on the circumstances resulting in a director disqualification of eight and a half years, a substantial period albeit by way of an undertaking from the…