Call us on our free phone number 0800 587 0093

Legal Service Finder

People Finder

Search AG


My Ashton KCJ Bookmarks

Currently no favourites bookmarkedAdd this page to FavoritesCharacter limit exceeded! Limit:To delete the bookmark click on the title and drag out.Bookmark already exists!Custom titleDescriptionPlease fill in all required fields!  
100smoothness

Warning: Invalid argument supplied for foreach() in /home/ashtonkc/public_html/modules/mod_cd_fapa/tmpl/default.php on line 56
UK insolvency rates will rise, says CBI /resources/news/insolvency/1354-UK-insolvency-rates-will-rise,-says-CBI

Home > News & Resources > News > Insolvency > UK insolvency rates will rise, says CBI
UK insolvency rates will rise, says CBI
The Confederation of British Industry (CBI) has backed recent forecasts suggesting that UK businesses are to face an increasing risk of insolvency over the coming months.

Matthew Fell, director of corporate affairs at the CBI, said that forthcoming tax increases on both companies and consumers will pose a "twin threat" to firms already struggling because of the recession.

The warning comes in response to a recent report by Begbies Traynor which suggested that 140,000 businesses in the UK were in "critical" financial difficulties in the last quarter of 2009.

Mr Fell described these findings as unsurprising given the testing economic climate, adding that the CBI is predicting a "sluggish" rate of recovery for the rest of the year.

He added that businesses which rely on public sector markets for a portion of their income may also be badly affected by spending cuts in this area.

"The outlook is still pretty bumpy and there will be more failures on the way," Mr Fell said.ADNFCR-2347-ID-19567337-ADNFCR
 

Lawyers and Solicitors in Norfolk, Suffolk and Cambridgeshire – Legal services for you, your family, your business

Commercial Legal Services include: Agricultural Services, Commercial Property, Corporate Legal Services, Commercial Debt Recovery, Dispute Resolution, Employment Business, Insolvency, Licensing and Professional Negligence.

Personal Legal Services include: Court of Protection, Dispute Resolution, Elderly Client Services, Employment Individual, Family Law, Powers of Attorney, Residential Property, Tax and Wills, Probate and Trusts

Injury Legal Services include: Personal Injury and Medical Injury

French Legal Services include: French Litigation Assistance, French Matrimonial Transfers, French Property Legal Advice, French Wills and Succession Issues and French Inheritance Tax.

 

Ashton KCJ Offices Bury St Edmunds Cambridge Felixstowe Ipswich Norwich Thetford

SRA Number   45826   |   VAT Number   GB 119 7229 03