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Report reveals big new spike in business and personal insolvencies

Report reveals big new spike in business and personal insolvencies

THE perilous state of business and household finances has been underlined by the Government’s latest annual insolvency figures. The Insolvency Service revealed that the number of business insolvencies across England and Wales in 2018 was at the highest level for five years. Sector-by-sector, the construction industry – still reeling from […]

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Weak ASOS profits highlight UK retailer struggles

As discussed in two recent Walsh Taylor articles (which can be found here and here), the UK retail sector has taken a substantial hit over the course of 2018. In Q2, the number of FTSE-listed businesses issuing profit warnings increased dramatically, and this was shortly followed by the news that […]

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New insolvency rates highlight North-South divide

The UK’s North-South economic divide is well documented. In recent years, thanks to the so-called Northern Powerhouse government spending has been roughly evenly split between the both the North and South of the UK. Although there are more businesses set up in the south of the country, insolvency rates are […]

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Are Leeds’ flood defences leaving local businesses vulnerable?

With climate change currently being a well-publicised topic in the media at the moment, flooding is increasingly becoming a worry here in the UK. As well as the obvious impacts of this on peoples’ personal lives, business owners should rightfully be aware of the potential dangers to their companies. Damage […]

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How would a Leeds Clean Air Zone affect local businesses?

Aiming to help decrease pollution, Leeds City Council proposed its Clean Air Zone (CAZ) scheme to the government last month. In this they outlined their idea to charge the ‘worst polluting’ buses, coaches and HGVs £50 per day, with £40 million being needed to actually deliver the plans. Despite the […]

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