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Corporate insolvency figures for 2010 not realistic reflection of what is happening

There has been much discussion regarding the possibility of a double dip recession.

It is believed that 2011 will see record levels of corporate insolvency and that the figures due to be published on Friday will not be reflective of what is happening on the ground with businesses. (more…)

Category : Corporate Insolvency — Tags: , , , , — admin @ 1:32 pm February 1, 2011

Corporate Insolvencies to Increase as Recession Deepens

do my college homeworkMore UK companies are seeking corporate insolvency advice, says the insolvency charity UK Insolvency Helpline (UKIH).

The charity has received a significant increase in calls relating to corporate insolvency. This is giving rise to concerns for the general health of the job market, with potential job losses arising as a knock-on effect of more firms declaring themselves insolvent. This may also lead to more people entering individual voluntary agreements (IVAs) as their individual financial situation worsens without an income. (more…)

Category : Corporate Insolvency,Insolvency news — Tags: , — admin @ 3:02 pm November 27, 2009

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