UK Business Distress at Record Low

UK Business Distress at Record Low

The latest Business Distress Index from insolvency trade body R3 has revealed that levels of business distress in the UK are at a record low, with only a quarter (24%) of businesses reporting a key indicator of distress.

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Is the funeral industry a dead certainty for SME’s?

Is the funeral industry a dead certainty for SME’s?

Benjamin Franklin famously noted that the only 2 certainties in life were death and taxes - but even the certainty of death does not remove risk from the funeral business. A surprising number of directors have gone into bankruptcy or some other insolvency solution in the last few years. High numbers have sold out to the industry ‘big guns’ bucking the trend of low levels of M&A activity in other sectors.

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