Business Health Statistics
Desperate UK Retailers running out of time to rescue Christmas sales slump
In the final days before Christmas, UK retailers are pinning all their hopes on a last minute sales surge from desperate shoppers who have left it too late for online deliveries, after another challenging festive trading period for the British high street, warns Begbies Traynor, the UK’s leading independent insolvency firm.
UK bars & restaurants boosted by late British summer
The unseasonably warm September, combined with greater disposable income resulting from a low inflationary economy, as well as the positive impact of the Rugby World Cup provided a much needed boost to the fortunes of the UK’s bars and restaurants sector during the final weeks of the third quarter, reveals new data from business recovery specialists Begbies Traynor.
UK grocery industry fights back, with first signs of sector recovery
As the UK’s supermarket price war rages on, with Tesco and Sainsbury’s recently reporting further price cuts to stem the flow of falling sales, new research from business recovery specialists Begbies Traynor indicates that stability may finally be returning to the struggling UK grocery sector, as the industry shows the first tentative signs that it has adjusted to today’s new low margin environment.
UK food supply chain on the brink as supermarkets tighten belts still further
As the UK’s largest supermarkets up their game in the race to win back customers from the German discounters, their means of slashing prices and delaying payments to suppliers means that the food retail industry has never been tougher for the UK’s smallest food suppliers, independent grocers and farmers, warns business recovery specialists Begbies Traynor.
UK Construction SMEs in hot water as funding crisis reaches boiling point
Despite favourable market conditions for the construction sector, the number of Construction SMEs suffering ‘Significant’ financial distress continues to rise as traditional lenders tighten their purse strings, cutting more firms off from vital funding, warns business recovery specialists Begbies Traynor.
Supermarkets Price War Continues To Devastate Food Suppliers
While most of the UK’s largest supermarkets are embarking on turnaround strategies in an attempt to claw their way back to financial health, their means of slashing prices and delaying payments is grinding many food suppliers and smaller high street grocers to the ground, warns business recovery specialists Begbies Traynor.
Election uncertainty stalls business growth as investment dries up
Businesses across the UK have battened down the hatches since the start of the year, holding back investment for growth and initiating recruitment and pay freezes as they await the outcome of May’s General Election, resulting in a state of stagnation across all areas of the economy, warns business recovery specialists Begbies Traynor.
The beautiful game ‘in good health’ as club distress falls to almost nil
In just the second season in which football clubs’ accounts have come under the scrutiny of the Financial Fair Play (FFP) rules, the health of English league clubs has improved significantly, reversing last year’s rise in distress.
Scottish football ‘in good overall health’ despite high-profile wrangles
The Begbies Traynor Red Flag Alert Football Distress Report provides annual snapshots of financial distress in 72 English and 32 Scottish football clubs. South of the border, the report’s latest figures reveal that just three clubs in the English Championship and Leagues One and Two are suffering from serious financial distress.
Crude awakening for oil services companies as significant distress doubles
Historically low oil prices are already pushing smaller oil extraction and services companies into significant distress, before the impact of substantial cuts to the capital expenditure budgets of the major oil companies.
Supermarket price war could force food suppliers to go bust
The number of smaller food suppliers experiencing financial distress has more than doubled this year
Scottish football stuck in ‘financial doldrums’ as one in ten clubs face financial distress
The latest report into the financial health of Scotland’s football clubs shows a picture of financial stagnation and declining match attendances, with gloomy economic prospects for one in ten of the clubs in the top three Scottish divisions.
More than 11% of English league football clubs facing ‘severe financial pressure’ as curtain falls on the season
In the first season in which football clubs’ accounts have come under the scrutiny of the Financial Fair Play rules, the overall health of English league clubs has deteriorated, according to a report issued today.
Our Media Centre
Read our latest news, expert opinion pieces and articles covering the the professional and financial sector.
