Expert views
Commentary submitted by Todd Davison in their own words.
Back to profileLatest insolvency figures
Every CVL is a director who has reached the end of the road and taken the very difficult decision to close down their business.
Demand for personal guarantee insurance from female founders up 77%
While this may seem a small proportion we need to remember that only around 14 per cent of small businesses are currently run by female founders.
Sir Keir Starmer resigns as Prime Minister with Andy Burnham poised to take over
The departure of Keir Starmer as Prime Minister adds yet another layer of uncertainty to an already difficult environment for small businesses.
Personal insolvencies jumped by 10% annually in May in England and Wales
For SME directors, the personal dimension of business failure is often underestimated until it is too late.
New laws to fine businesses who pay suppliers late a ‘historic moment’, SMEs say
The priority now is making sure these measures are enforced consistently so small businesses see real change on the ground.
Personal insolvencies jump as debt relief order registrations reach record high
Behind every insolvency is a business owner or director who has had to make difficult decisions in an increasingly challenging environment.
Government launches ‘toughest crackdown’ on late payments to small businesses
These reforms are a significant and much-needed step forward in tackling the UK’s late payment crisis.
Latest insolvency figures
The latest insolvency data paints a worrying picture for UK SMEs.
Spring statement reaction
Small business owners need predictability. The spring statement may be exactly what entrepreneurs are hoping for.
Administrations rise by 41% amid surge in new year high street failures
When a company collapses, the impact doesn’t always stop at the business itself.
37% of SMEs using borrowing to keep afloat
The problem is particularly acute in sectors such as construction.
UK lenders step up with £11 billion push to back British businesses
Any guarantee offered by UK Government is there to protect the lender not the SME.