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Insolvency surges by 73% in construction sector

Bad debt and corporate failure hit the construction sector hard in the first quarter of 2018, new figures from Creditsafe reveal.

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Bad debt surges in first quarter

Levels of debt owed to UK businesses spiralled in the first quarter when compared to late 2017, new data has revealed.

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More UK firms face insolvency risk than 12 months ago

A higher proportion of UK businesses are at a higher than average risk of insolvency than a year ago, new research shows.

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Government acts to tackle contract payment issues

The government is set to provide greater support to small businesses looking to procure contracts by tackling poor payment processes.

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Small businesses must tackle rising pension cost

Small businesses will face profound financial difficulties if they do not receive government support to assist with rising pension contributions for staff, a leading trade body has warned.

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