New buyer found for beleaguered footwear chain
Over 800 jobs have been secured after a deal was agreed to sell a significant part of a struggling UK … Continue reading
Bank of England to “stress-test” lenders in face of spiralling household debt
The Bank of England (BoE) has announced that it will review lending standards in an effort to kerb spiralling household … Continue reading
Jobs in jeopardy after business collapses
The shoe seller Brantano went into administration this week, with more than 1000 jobs put at risk. It is a … Continue reading
‘Toxic Cocktail’ of rising costs, growing inflation and lower profits put businesses at risk
The Institute of Directors (IoD), the Federation of Small Businesses (FSB) and the Confederation of British Industry (CBI) have all … Continue reading
£30K tax-free redundancy payments set to be abolished
Payments in Lieu of Notice (PILON), one aspect of a typical redundancy payment, alongside compensation for loss of employment, is … Continue reading