Almost 115,000 businesses waited an average of 57 days for payment in 2018 with more than 1,000 of these subsequently entering insolvency as a result, according to new data from insolvency specialist Begbies Traynor.

Julie Palmer and Steve Powell were appointed as joint administrators on Friday 1 March of the Veeno group of companies, which operates a national chain of wine bar cafes including venues in the South West, the Midlands, the North West, Yorkshire and Scotl

The number of businesses in ‘significant’ financial distress now stands at 481,000, leaping by 15,000 during Q4 2018, after a winter of uncertainty, according to the latest Red Flag Alert research from Begbies Traynor.

The number of UK companies rated as being in ‘significant financial distress’ during Q3 2018 has increased by 5% compared to the same quarter last year, according to the latest Red Flag Alert research data from Begbies Traynor, the UK’s leading independen

Corporate recovery specialist Begbies Traynor has bolstered its growing team in Southampton with the appointment of a new partner who will head up the business in the city.  Steve Powell joins Begbie…

The John Lewis Partnership has reported profits for the first half of this year down by 98.8 per cent as compared with the same period in 2017.

A Basingstoke trampoline park has closed with the loss of two full-time jobs and 50 casual positions, along with debts in excess of £700,000.

According to Begbies Traynor’s Red Flag Alert research for Q2 2018, which monitors the financial health of UKcompanies, 472,183 businesses were experiencing ‘Significant’ financial distress at t…

One hundred jobs have been saved at a Telford construction firm after the business was sold out of administration by business recovery specialists at Begbies Traynor.