In August, the UK’s services industry had a burst of overall growth, suggesting that the country will avoid the anticipated post-Brexit recession. The PMI index showed that activity in the services industry recorded the biggest month-on-month rise in history.
According to Attorney General, Jeremy Wright, The Government will be undertaking discussions to determine how to make it easier to prosecute companies who cause corruption in the UK economy.
Two months on from the landmark referendum vote which saw more than half of the UK voting population vote to leave the EU, we take a look at the effect on the UK economy and market…
Global credit Insurance leader Euler Hermes recently released their half-year credit insurance data. The results showed that revenues at €1,301 million will remain stable, at constant exchange rates and constant scope. Net income is down by one per cent and is now at €170 million and there is a[...]
New research from The Insolvency Service reveal that the total insolvency rate in 2015 decreased in all regions across England and Wales – a continuing trend downward since 2009.
According to data collected by StartUp Britain, a record breaking 80 businesses are being created by entrepreneurs every hour in the UK. The number of new businesses registered with Companies House between January and June 2016 reached 342,927.
The UK economy retained its ‘AA1’ trade risk rating in a new post-Brexit UK country report from Euler Hermes.
The Insolvency Service will be introducing a new fee structure on Thursday 21st July 2016. Back in 2014, The Insolvency Service agreed with the HM Treasury that they would review the full fee structure and devise a more transparent charging system in accordance with the ‘Managing Public Money’[...]
A Warwickshire based Building Services and Facilities Management Company, EIC Ltd has ceased trading, resulting in almost 400 job losses. Consulting and business advisory services firm, AlixPartners were appointed to handle the administration of business in June 2016.
The health of the global economy is expected to deteriorate further in 2016 as corporate insolvencies are expected to rise 2 percent worldwide, according to a new report from Euler Hermes. Weak long-term growth, increased turbulence in sectors like commodities, and the domino effect of major[...]
