Tag: <span>Finances</span>

More than 500,000 UK Companies in Significant Financial Distress

509,000 UK companies are in significant financial distress—the highest number ever measured. The coronavirus lockdown has seen the largest quarterly increase in the number of businesses in significant distress since the end of 2017, growing by 15,000 companies. This figure is expected to increase throughout Q2 as COVID-19 restrictions continue. The number of critically distressed…




Data Shows It’s More Important Than Ever To Get A Grip On Finances

Accountants hate to be the bearer of bad tidings but sometimes it’s necessary to make business owners aware of the financial realities to ensure a business can get through any economic storms that may be on the horizon. Current data shows that there is little to feel optimistic about in the coming months. Calls are…