For hundreds of small suppliers, TG Jones’ restructuring plan is more than a corporate rescue—it’s a potential cashflow crisis. The retailer formerly known as WH Smith is asking creditors to accept deep losses, delayed repayments and uncertain promises of future returns as it fights for survival. While the plan is designed to keepContinue reading “TG Jones rescue leaves small suppliers counting the cost”
Category Archives: Liz Barclay
Debanked for life? Small firms fear banking blacklist nightmare
Imagine arriving at work to discover your business bank account has been closed. You try another bank, then another, only to be rejected every time because you’re carrying an unseen flag on a shared industry database. For thousands of small and micro businesses, that nightmare could become reality if banks press ahead withContinue reading “Debanked for life? Small firms fear banking blacklist nightmare”
Self-employed sleepwalking into retirement crisis
Going self-employed offers freedom, flexibility and the chance to be your own boss, but experts warn it also comes with a hidden danger that millions are ignoring. New research shows that most workers stop saving into a pension as soon as they leave employment, with only one in five self-employed people now contributingContinue reading “Self-employed sleepwalking into retirement crisis”
University dream turns into £50,000 debt nightmare
Half of degree courses fail to deliver minimum wage careers For generations, young people were told that university was the surest route to a better life. Now a growing number are questioning whether that promise still holds true. A new report suggests that graduates on nearly half of all degree courses are earningContinue reading “University dream turns into £50,000 debt nightmare”
Big contractor goes bust – now small firms fear unpaid bills
The collapse of major contractor Ardmore Construction is a stark warning for Britain’s construction industry. While the headlines focus on one large company, the real fallout could hit hundreds of small and micro businesses waiting for payments, relying on live projects and carrying the financial risk of delayed work. New powers under theContinue reading “Big contractor goes bust – now small firms fear unpaid bills”