Tag: <span>Financial Advice</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…




UK Economic Growth Driven By Service Sector

Despite aims to increase the UK’s industrial output since the last recession, the UK is still heavily reliant on the service sector for growth as industrial output slumps. The UK’s industrial output slumped against expectations according to the latest figures released by the Office for National Statistics (ONS). The news will come as a blow…




Manchester United to sell stakes in the club on the Singapore stock market.

The world famous Manchester United is reported to be ready to sell off a significant stake in the club to Singapore investors. This, maybe in an effort to pay off some of their debts that total up to a reputed £515m plus. It is not entirely clear why the club has chosen to place a…