Construction sector review 2019
Construction News has reported on the financial state of the construction sector for 2019, reflecting on the industry’s most notable insolvencies.
20 Feb
19 Dec
Construction sector warned to expect growth in insolvencies
The Specialist Engineering Contractors’ Group (SEC) has suggested 2019 will be blighted by more insolvencies than in the previous year, and are set to top the 3000 mark. In a report by Construction News they are urging Government to deal with “payment abuse and malpractice” and to resolve late[...]
29 Nov
Greece now a more marketable risk for export credit insurance
If you have clients in Greece, then there is some ‘official’ good news!
21 Nov
How trade credit insurance can support business finance and growth
If you run a business, it goes without saying that you will always be looking for ways in which to promote its growth. This might be through entering into new markets, taking on new clients, or simply expanding your team.
24 Oct
Reuters says trade credit insurance on the rise
More trade credit insurance policies are being taken out, says Reuters, revealing that insolvencies across the UK are at their highest level in five years. Government figures indicate an increase of 12% in insolvencies in the second quarter (2019) compared to a year earlier.
10 Oct
What’s the trend for insolvency – and should we be concerned?
While we’re seeing a real appetite for business growth along our clients, the national trend for business insolvency is up – with the UK facing the highest rate in Western Europe. This is putting pressure on supply chains – and customers that already have weak-performing businesses are[...]
07 Oct
Could a business failure literally take the shirt off your back?
Menswear giant Moss Bros Group plc was the subject of whispers recently when industry pundits suggested the company ‘announced’ that its credit insurance would be cut by insurers.
01 Oct
Be diligent with Irish clients ahead of Brexit plans
UK firms must be diligent over offering credit to Irish firms.
12 Mar
The Channel Partnership UK Export Finance Case Study
We are absolutely delighted to have had a UK Export Finance case study developed to explain how we work together to manage the risks of exporting.
22 Feb
Q4 Insolvency Statistics 2018
The end of January saw the release of the Q4 2018 insolvency statistics, published by The Insolvency Service. According to the release, the year closed with the highest number of insolvencies in 12 months since 2014. The numbers have been creeping up year on year; each year since that low point in[...]