When Ince & Co collapsed, it was said to have owed creditors £36 million. One of the issues that contributed to the firm’s decline is thought to be cash flow problems, resulting in part from a decline in turnover and a large WIP book – issues that can hit law firms of any size.
Another day, another struggling retailer preparing for a CVA. Soon after reports of Debenhams and Arcadia group’s high profile CVA plans, the owner of Monsoon Accessorize is said to be getting closer to using the controversial insolvency procedure.
We know T Levels are coming and the more we learn about what they are, the more we begin to understand the impact on the different stakeholders involved. Of course, there will be many challenges as colleges and businesses come together; however, there are huge benefits for the individual, for companies, and for the economy.
Intu, the FTSE 250 shopping centre landlord, issued a profit warning recently, citing a 4 to 6% drop in profits driven by a higher than expected level of CVAs and a reduction in new lettings. Intu’s share price peaked at 347p per share and is now down to 92p per share.
With so much focus and investment in online marketing, you can sometimes overlook your most important asset: your salesperson. Research shows time and time again that one-on-one interactions are still the most influential in B2B buying activity.
T Levels are 2-year courses that are equivalent to 3 A Levels and designed to provide students with the skills demanded by industry. T Levels will offer students classroom learning and 45 days of on-the-job experience with an employer.
A lot of companies use Red Flag Alert when they’re looking to purchase another business. Our detailed financial information and unique health-rating algorithm provides insight into the financial health of target companies.