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Industry > Trends

London leads in individual insolvency levels

New figures from The Insolvency Service show 77% of English and Welsh parliamentary constituencies saw a decrease in individual insolvency rates between 2011 and 2012. Read full story

Autumn Statement: Business rates capped and relief for SMEs

Chancellor of the Exchequer George Osborne has placed a cap on business rates at 2% in today’s (5 December) Autumn Statement. Read full story

CFA chief executive wants ‘informed debate’ on payday lenders

The chief executive of the Consumer Finance Association (CFA), Russell Hamblin-Boone, has called for an ‘informed debate’ about the short term lending industry. Read full story

Corporate insolvency in large firms halved

Corporate insolvency rates for large UK firms fell by over 50% in October, according to the latest figures from Experian. Read full story

Fan-owned structures could rescue distressed football clubs

Community interest company (CIC) structures could be the answer to financially distressed football clubs, a new report has found. Read full story

UK coastal towns worst for bankruptcies

Coastal towns are falling begin the rest of the UK economically, according to new research from Wilkins Kennedy, which shows the top five towns with the highest bankruptcy rates are all seaside resorts or ports. Read full story

SME owners risk bankruptcy to keep businesses afloat

25% of small and medium sized enterprise (SME) directors have used personal finance sources of funding to support their business, according to new research from Experian. Read full story

Some debtors are more equal than others

Despite an industry-wide focus on fair customer treatment, new figures from the Debt Resolution Forum (DRF), a specialised body for debt advisors, suggest some concerning discrepancies. Read full story

Number of publishing insolvencies climbs 42%

The number of UK publishers entering insolvency has jumped 42% in the last 12 months, according to new figures from accountancy firm Wilkins Kennedy. Read full story

Corporate liquidations down in Q3

The number of overall corporate liquidations in England and Wales dropped 2.6% during the third quarter of 2013 compared to the previous quarter. Read full story

Retail bounceback makes for positive distress figures

Levels of ‘critical’ financial distress among UK businesses have dropped for the second consecutive quarter, according to the most recent Red Flag Alert issued by Begbies Traynor. Read full story

Corporate insolvencies continue to decline

Corporate insolvency rates fell for the fifth consecutive month in September, according to the latest figures from Experian. Read full story

UK SMEs catching up with wider industry

The UK’s small and medium businesses (SMEs) have matched wider industry output levels during Q3 2013, according to new figures from Bibby Financial Services. Read full story

London leads falling insolvency levels

Corporate insolvency levels fell for the 12th month running in August, decreasing from 0.09% in 2012 to 0.08% this year, as London posted the first drop in insolvency levels since March 2013. Read full story

Third of retailers in rent day risk

Almost one third of UK retailers are at risk of insolvency within the next 12 months ahead of the October Rent Quarter Day, according to research from trade body R3. Read full story

SMEs suffer from insolvent clients

Over three quarters of UK SMEs are losing money as customers go insolvent, according to new figures from Experian. Read full story

18 stores shut up shop daily

18 high street stores closed each day in the first half of 2013, with women’s clothing, video and photography stores most affected, according to new data from PwC. Read full story

Phoenix company enforcement doubles

The level of enforcement activity against directors of phoenix companies has doubled over the last year, according to law firm RPC. Read full story

£70bn cost of the ‘walking dead’

The UK has seen a 108% rise in ‘zombie’ companies over the last five years, with these companies now representing some £70bn in negative equity, according to new research completed by Company Watch. Read full story

Estate agency insolvencies jump 57%

The number of estate agencies entering administration has increased by 57% year-on-year, according to a new report. Read full story