Tag: debt



Judgement Day Awaits BHS Today

Judgement day awaits BHS today
Posted on 25 April, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

Iconic high street retailer BHS is facing uncertainty today, as the store could be filing for administration due to £1.3bn of debt and a stand-off between its owner and the biggest lender. The store’s original majority stakeholder and owner of... Read More

Commercial Property Debt at its Lowest in Ten Years

Commercial property debt at its lowest in 10 years
Posted on 18 December, 2015 by Chris Grigorovsky under Business News, Economy

According to academics at De Montfort University, outstanding commercial property debt is on course to fall to its lowest since 2005, declining by 1% in the first half of 2015 to £163.7bn. However, there are strong levels of new loan origination in 2015 that... Read More

Record Trade Credit Levels could Damage Economic Recovery

Posted on 4 June, 2014 by Kirsten Kennedy under Business News, Economy

Since the end of the recession and particularly in the past twelve months, business growth has flourished and gone a long way in strengthening the UK’s still fragile economy. However, experts are now concerned that a large part of this growth has been built... Read More

Wonga Accused of Consumer Targeting in Role of Magpies Sponsor

Posted on 20 October, 2012 by Kirsten Kennedy under Economy

With pay freezes, relatively high inflation and the rising cost of living at the forefront of many people’s minds, pay day loan companies have become something of an essential industry in the country today. As more and more people struggle to pay bills and... Read More

Travelodge Offloads Hotels in Bid to Save Business

Posted on 8 September, 2012 by Kirsten Kennedy under Business News, Economy

As everyone knows, it has been a bit of a tough summer in Britain for many businesses.... Read More

JJB Sports Shares in Dramatic Slump

Posted on 3 September, 2012 by Kirsten Kennedy under Business News

It seems that many British high streets are soon to become ghost towns. Retail commercial properties, even those belonging to large chains, are struggling to cope with the current economic climate... Read More

Poor Performance from Marks and Spencer Fuels Takeover Speculation

Posted on 16 August, 2012 by Neil Bird under Business News

Last month Marks and Spencer (M&S) reported its worst performance in clothing and home furnishings for three years.... Read More

UK Commercial Property Continues Record-Breaking Slump

Posted on 16 June, 2012 by Jodee Redmond under Economy, Industry News

UK commercial property owners have cause for concern as values continue to drop in the face of the European debt crisis.... Read More

Commercial Property Gym Company Fitness First in Debt Deal

Posted on 11 June, 2012 by MOVEHUT under Business News, Commercial Sales and Lets, Economy, Industry News

The country’s largest commercial property gym company is set to shed almost half of its sites as it attempts to avoid falling into administration.... Read More

Boost for Commercial Properties as Government Loan Scheme is Given the Green Light

Posted on 19 March, 2012 by MOVEHUT under Economy, Industry News

Struggling small and medium sized businesses can breathe a sigh of relief after a Government scheme offering business loans was given the go ahead by European Commission (EC).... Read More