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Northern businesses optimistic despite widespread distress signals

Firms across the North East remain optimistic for 2018, despite a rising number of them showing signs of business distress.

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Insolvency Service clamps down on rogue directors

The number of orders to ban rogue directors from being involved in business has risen seven-fold, according to the Insolvency Service.

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Closure rates slow but retailers face testing times

Shops are closing at their slowest rate since 2010, as 14 outlets a day closed their doors in the first six months of this year, new figures show.

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UK small business values slump

The UK’s small businesses are now worth an average of £90,000, a considerable drop from just a year ago, according to new research from Bizdaq.

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SME bosses claim UK late payment problem has no easy solution

Business leaders have said there is no easy solution to the UK’s late payments problem, although action is needed as 50,000 firms could be failing annually as a result.

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