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Struggling Retail sector faces quarterly rent payment crunch day

Begbies Traynor helps to secure Jersey Evening Post Home & Lifestyle Show 2008

The team from business rescue, recovery and restructuring specialist Begbies Traynor (Channel Islands), who were appointed as joint liquidators.

Begbies Traynors Red Flag Alert reveals September worst month yet for UK businesses

More than twice as many companies experiencing ‘critical problems’ since the start of 2008 UK business feeling effects of ongoing economic turmoil IT, manufacturing, rental services and property services sectors showing highest increases .

Begbies Traynor Triumph at Prestigious Business Awards in Newcastle.

The evening, which was organised by the Journal, finished on a fantastic high when the College was awarded Deal of the Year.

Begbies Traynor Group acquires two new businesses

Fanshawe Lofts is a long established and well regarded firm, led by Antony Fanshawe and Rosemary Penn-Newman, both of whom are joining the group as partners. The firm operates from offices in Southampton and Bath, including some corporate finance advisory work. The operations of Fanshawe Lofts will be integrated into the group’s existing southern operations to form a distinct Southern Region and Antony will assume the role of Regional Managing Partner.

Northern Pharmacy Chain Acquired by Alliance Boots

A northeast pharmacy entrepreneur has sold his 25-strong chain of shops and wholesale business to Alliance Boots.

Acquisition of CoyleClarke LLP

Begbies Traynor Group plc (""the Group") (AIM: BEG), the specialist professional services organisation, today announces the acquisition of CoyleClark LLP, a specialist tax investigation practice based in Altrincham, in the North West of England, and with an office in Northern Ireland.

Begbies Traynor Red Flag Alert Statistics Signal Tough Times Ahead

The survey monitors the numbers of companies experiencing difficulties in two categories: “Significant Problems” * and “Critical Problems” **. Of those companies experiencing the more serious “Critical Problems”, Red Flag’s research shows that approximately 15% will enter into a formal insolvency procedure within 12 months. www.redflagalert.com

Conditions have continued to worsen during the last three months in the Retail sector

High Levels Of Financial Stress Comes As No Surprise In A Society Living On Credit

Research from credit reference agency Experian indicates that around three out of 10 people in Glasgow and Manchester experience high levels of financial stress. Other high stress locations include Nottingham, Middlesbrough, Hull and Liverpool.