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Industry > Trends

Business group ups UK growth forecast

The CBI has raised its growth forecast from 1% to 1.2% in 2013 citing increased confidence and credit availability. Read full story

IVAs to rise along with house prices

Rising house prices and easier access to mortgages could see an increase in Individual Voluntary Arrangements (IVAs). Read full story

New football finance rules a cause for concern

Championship and League football teams are more likely to be pushed into financial hardship following the introduction of the Financial Fair Play (FFP) regulations. Read full story

Law firms warned on insolvency

Cash flow issues could put law firms in serious danger of insolvency, according to the restructuring and recovery practice of professional services firm Baker Tilly. Read full story

July retail sales growth highest since 2006

Warm weather drove UK retail sales to their highest growth since 2006 as like-for-like sales rose by 2.2% from July 2012, up from a 0.1% increase for the same period last year. Read full story

Corporate liquidations up in Q2 despite quieter insolvency climate

Despite falling rates of overall corporate insolvency, the number of corporate liquidations in England and Wales increased 10.5% during the second quarter of 2013 compared to the previous quarter. Read full story

Sports club insolvencies fall post-Olympics

The number of sports clubs and facilities that have entered formal insolvency procedures has dropped 33% over the last year following the 2012 London Olympics, according to data from trade association R3. Read full story

Administrations fall in Q2

The number of administrations in England and Wales fell by 6% during the second quarter of 2013, according to figures from restructuring firm FRP Advisory. Read full story

Construction drives 0.6% GDP increase in Q2

The UK economy grew 0.6% during the second quarter of 2013 according the Office for National Statistic’s (ONS) preliminary estimate. Read full story

North East corporate insolvency level drops

The North East region has seen a drop in corporate insolvencies, with just 0.08% of all businesses becoming insolvent in June 2013 compared to 0.13% in June 2012. Read full story

Personal debt concerns grow

More than 20 million people are “concerned” about their current level of debt, according to the latest survey of personal debt by R3, the insolvency trade body. Read full story

HMRC adopts distraint tactics

The number of petitions issued by HM Revenue & Customs (HMRC) to wind up companies and place them in liquidation has decreased 42% over the last year to reach its lowest figure in five years. Read full story

It’s still grim up North

The North East of England continues to struggle with increasing levels of personal insolvencies, according to latest figures from the Insolvency Service. Read full story

Personal insolvency levels fall 16%

UK personal insolvencies are predicted to drop 16% to 25,000 people for the first quarter of this year, according to a leading firm of IPs. Read full story

Insolvency Today’s Black Book 2013

The insolvency industry’s most comprehensive guide of the most active 150 IPs is released this month. Read full story

Credit Today hosts credit data technology webinar

Leading experts on credit data technology took part in an informative webinar hosted by Credit Today. Read full story

Changes confirmed to OR rotas

Detailed plans have been unveiled for the reorganisation of the Official Receivers (OR) Rotas, following the first announcement last month. Read full story

BUDGET 2012: Osborne clarifies tax regime changes

The top rate of income tax is to be cut from 50 per cent to 45 per cent in April 2013, the Chancellor of the Exchequer has confirmed. Read full story

BUDGET 2012: Britain to avoid recession, says OBR

Chancellor George Osborne MP has confirmed today that the Office for Budget Responsibility (OBR) is predicting the British economy will avoid a ‘technical recession’. Read full story

IS 2012: Insolvency Service's frustration at Coalition policy

An Insolvency Service (IS) policy director today voiced his frustration at the measures having been introduced by the coalition government to reduce regulation. Read full story