Posted by Sam Talby on 07/12/2011
Two industry groups have been highlighted as having challenging times ahead: retail and care homes.
Retail Sector
Changing consumer shopping habits + retailers facing Quarter Rent Day + lack of credit available to consumers + reduction in consumer confidence = Make or Break for Retailers.
At Bishop Fleming Business Recovery & Insolvency, we have experience in assisting retailers ranging from small owner-managed businesses up to large private companies, ...
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Posted by Sam Talby on 22/11/2011
In September 2011, Bishop Fleming undertook a survey of owner managed businesses in the South West, asking specifically how their businesses had been affected by the rising energy, transport, and food costs.
Respondents advised they were adversely affected as follows:
41% identified increased transport costs
25.6% identified increased energy costs (gas, electricity and oil)
Most householders in the region will recognise how increased costs and energy prices are affecting ...
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Posted by Sam Talby on 22/11/2011
The Time to Pay scheme was introduced to assist financially stressed businesses during the heights of the recession, roughly around winter 2008. HMRC has revealed that a total of 30,160 Time to Pay agreements were made in the second quarter of 2010. In the same period during 2011, HMRC agreed some 15,490 arrangements. This represents a year-on-year reduction of 49%.
In August 2011, HMRC ceased publishing ...
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