Businesses continue to face significant financial challenges, necessitating tough decisions about their future. The latest insolvency statistics from The Insolvency Service provide a clear picture of these struggles, with monthly figures showing a drop in certain insolvency procedures, while annual trends highlight ongoing difficulties.
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Archives for Insolvency
Navigating Insolvency: Lessons from Cazoo and Ted Baker’s Downfall and How to Avoid Their Fate
Cazoo (an online car dealer retailer) and Ted Baker (a retail fashion house) entered into insolvency in recent months, thanks to the mothball and ripple effect causing a heel and toe in this area.
An opinion by Ron Mookerjee.
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