UK


Jobs preserved after Four Graphics collapse – Print Week

Jobs preserved after Four Graphics collapse – Print Week

London-based wide-format printer Four Graphics has been subject to a pre-pack administration deal that has seen its assets and goodwill purchased by two separate companies, saving 24 jobs. Andrew Pear and Michael Solomons of BM Advisory were appointed joint...
Londoners more in debt than those in other parts of the UK

Londoners more in debt than those in other parts of the UK

A report by charity StepChange has shown that, of all the regions surveyed, London has the highest level of debt problems. The report, which analysed 15,000 individuals, found the average level of debt for Londoners to be 3.5 per cent higher than those living outside...
Steep rise in number of people being declared insolvent

Steep rise in number of people being declared insolvent

The Insolvency Service, R3, has reported a concerning rise in the number of personal insolvencies in the UK. According to official figures, the number of people unable to pay their debts rose in the second quarter of the year by 22% on the same period last year. This...
Government reviewing UK insolvency Rules

Government reviewing UK insolvency Rules

Share Tweet The UK’s insolvency rules are currently being scrutinised by government, as they consider how best to support businesses in distress. The consultation, which started in May with the aim of reviewing the current corporate insolvency framework, is being...