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Construction insolvency drives multi-million cash retention losses

Construction firms entering insolvency have led to more than £700 million of cash retention losses in just three years, the Specialist Engineering Contractors’ Group has claimed.

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SMEs turn to alternative finance options

A growing number of the UK’s small businesses are turning to alternative finance options to support growth, new research has revealed.

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VAT simplification could boost UK small businesses

The Office of Tax Simplification is set to publish a report that will set out a variety of ways that the current VAT system can be updated and simplified.

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Gerry Hoare discusses lending to the SME market

Lending conditions remain turbulent and concerns remain over the effect Brexit will have on the lending landscape. However there is a huge amount of competition in the lending market and SME’s now have more options than ever before.

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Moorfields appointed over specialist work boat builders

Simon Thomas and Nick O’Reilly, Partners of Moorfields Advisory, were appointed Joint Administrators of Meercat Workboats Limited on 3 November 2017.

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