Business Insights

North East firms face insolvency risk rise as Christmas looms

Firms across the North East are facing up to increased insolvency risks in most sectors, according to the latest figures from insolvency and restructuring trade body R3.

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Retail sales dip leaving small firms in the lurch

A dip in retail sales has ratcheted up the pressure on small businesses, making it essential that they work to maximise their revenue opportunities.

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Retention bill gets construction sector backing

Several industry associations have backed an MP’s proposals to reform how the construction sector uses cash retentions.

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Late payments threaten 350,000 jobs annually

The UK’s late payment culture threatens 350,000 jobs annually, according to a new report by spend management platform Concur.

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Insolvency threatens more Yorkshire agricultural firms

The number of agricultural firms facing an above average risk of insolvency in Yorkshire has surged by 7.4%, new figures show.

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