South-East Hardest Hit – Express.co.uk, Sunday 30 January 2011
The South-east has seen the biggest leap in the number of firms experiencing financial distress as the recovery stalls, according to insolvency firm Begbies Traynor.
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30,000 firms end 2010 in financial distress – www.building.co.uk, Friday 28 January 2011
More than 30,000 property and construction firms are experiencing critical financial problems, according to a report by business recovery specialist, Begbies Traynor.
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Spending cuts mean red flag raised above property – www.propertyweek.com, Tuesday 25 January 2011
Cuts in public spending have caused a surge in property companies in financial distress, recovery specialist Begbies Traynor said today.
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Red flag raised on 8,000 firms with significant financial problems – www.microscope.co.uk, Monday 24 January 2011
According to figures from Begbies Traynor just shy of 8,000 IT firms in Q4 are now on its red flag alert report which was a 27% increase on Q3 last year and 9% year-on-year.
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Milton Keynes in vanguard of recovery – but some cities feel the pinch – www.managementtoday.co.uk, Monday 24 January 2011
The latest insolvency predictions from Begbies Traynor are unlikely to cheer anyone up. The firm says insolvency rates are likely to rise again this year……
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Thousands of UK IT firms ‘in distress’ – www.channelweb.co.uk, Monday 24 January 2011
The number of IT firms in financial distress rocketed in the final quarter of 2010, according to figures released by business recovery specialist Begbies Traynor.
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Insolvencies ‘May Rise 10%’ In 2011
www.sky.com/skynews – Monday 24 January 2011
According to the latest ‘Red Flag Alert’ by insolvency specialist, Begbies Traynor, the number of UK firms with financial problems has risen year-on-year for the first time since the beginning of 2009.
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Press release from BTG Global Network Newscentre.
Begbies Traynor Group, the specialist professional services consultancy, today announces that the Begbies Global Network (BGN), its premier global network of professionals working with struggling or declining businesses, has changed its name to the BTG Global Network, bringing it in line with the other BTG branded services within the Group.
Retail Sales: Home Retailers Get The Cold Shoulder – The Sunday Express, Sunday 9 January 2010
RETAIL investors are braced for “Gloomy Thursday” this week when a blizzard of stores will blame the snow for poor performance over Christmas.
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The year just past looks likely to go down in the annals of the insolvency and restructuring market as the oddest in most current professionals’ careers. Travelling the world, the theme has been consistent: we have just experienced an insolvency-lite recession and we seem to be having a job creation-free recovery, assuming that there is any genuine sustainable growth out there.