The Times article ‘Increased strain on supply chain highlighted by insurance payouts’ (16th March 2018) focuses on payments made by Credit Insurers in 2017, equating to £4.3 million per week. Figures supplied by the Association of British Insurers (ABI) for 2017, demonstrated a 7% increase on 2016 and the highest since 2009. Last year saw…
In recent weeks, several high street restaurants have either undergone or are in the process of restructuring to manage their growing debts to creditors.
A ROCKY TIME AHEAD FOR CONSTRUCTION WITH INSOLVENCIES EXPECTED TO RISE 4-5% IN 2018
Businesses advised to consider credit insurance as part of their bad debt strategy due to an increasingly uncertain trading environment.
FRANCE: FRENCH FOOD SECTOR SUSCEPTIBLE TO INCREASE IN NON-PAYMENT AND INSOLVENCIES
A stark reality is, of that £1 billion the Associated British Insurers (ABI) believe only £31 million would be ultimately paid out in claims to suppliers and sub-contractors of Carillion
Following the £1.5bn failure of Carillion on the 15th January, it is estimated up to 30,000 smaller firms may be owed money.
Steve Vickers, Tax Partner at Hart Shaw is presenting an overview of the recent budget statement at January’s event
The acquisition of Henderson Insurance Broking Group (including Acumen Credit Insurance Brokers) to Aon completed on the 1st December 2017
UK: BRITISH STEEL SECTOR CONDITIONS IMPROVING BUT BREXIT COULD UNDO RECENT REBOUND