Record number of firms on the brink in the first quarter of the year

Record number of firms on the brink in the first quarter of the year, under pandemic pressure By Daily Mail City & Finance Reporter Published: 21:51 BST, 21 April 2021 | Updated: 21:51 BST, 21 April 2021 In the third lockdown, 93,000 firms’ finances weakened to the point of ‘significant financial distress’, according to Begbies … Read more

Can my flat’s developer avoid a cladding repair bill after the firm’s sale?

Can the developer that built my flat avoid a cladding repair bill now its company has been sold? Claims against a developer depend on age of the building with cladding issues If you bought new you may have a new build warranty that may cover cladding By Myra Butterworth For MailOnline Published: 10:25 BST, 21 … Read more

Two-thirds of hospitality firms optimistic about the next year as the country comes out of lockdown

Pubs and bars raise a glass to the future: Two-thirds of hospitality firms are optimistic about the next year as the country comes out of lockdown UKHospitality found 65 per cent of businesses are optimistic about next year Experts have reported 114 per cent increase in drinks sales compared to 2019 Only 16 per cent … Read more

Two-thirds of hospitality firms optimistic about the next year as the country comes out of lockdown

Pubs and bars raise a glass to the future: Two-thirds of hospitality firms are optimistic about the next year as the country comes out of lockdown UKHospitality found 65 per cent of businesses are optimistic about next year Experts have reported 114 per cent increase in drinks sales compared to 2019 Only 16 per cent … Read more

Rev up your returns from mid-sized UK firms well placed to race away

As Britain finally throws off the shackles of endless lockdowns and restrictions, the economy stands poised to unfurl at welcome speed. But there is one group of companies that is making a particularly powerful resurgence.  Not the biggest, nor the smallest, but rather the medium-sized – or so-called mid-cap – firms. They include the Royal … Read more

Klarna clampdown: Regulation of buy now, pay later credit firms due within weeks

Plans to regulate Britain’s booming £2.7billion buy now, pay later industry will be released within weeks, This is Money understands. A consultation on draft regulation affecting platforms like ClearPay, Klarna, Laybuy and PayPal is expected to be published in early May, after an amendment to credit legislation was passed in parliament this week. A Financial … Read more

Covid UK: ‘Profiteering’ private firms add £1,000 to price of holiday for four

Private Covid-19 testing firms have been accused of profiteering by charging up to £300 for a single PCR test which cost just £20 to make while other companies charge as little as £60 for the same tests. The most expensive companies on the official list of Government-approved firms sell coronavirus tests for around four times … Read more

Covid UK: ‘Profiteering’ private firms add £1,000 to price of holiday for four

Private Covid-19 testing firms have been accused of profiteering by charging up to £300 for a single PCR test which cost just £20 to make while other companies charge as little as £60 for the same tests. The most expensive companies on the official list of Government-approved firms sell coronavirus tests for around four times … Read more

EU’s new export rules leave small British firms struggling

‘My profit has been wiped out by a £250,000 cost’: EU’s new export rules leave small British firms struggling Jerry Lawson of Frogbike said administration fees charged by each government to his customers had forced him to pause selling into Denmark, Spain and Poland He had to hire extra employees to cope with the added … Read more

Grant Shapps orders firms to slash cost of foreign travel testing

Grant Shapps has ordered ‘profiteering’ private testing companies to slash the cost of laboratory-based PCR checks to make international travel more affordable as he said people can now ‘start to think’ about booking a summer holiday abroad.  The Transport Secretary today set out more details of the Government’s new traffic light scheme which will see … Read more