COMMENT 2021 a year to forget: recession, covid crisis, logistic problems, the Northern Ireland protocol, labour shortages and of course Brexit - the elephant in the room politicians won’t talk about
COMMENT 2021 a year to forget: recession, covid crisis, logistic problems, the Northern Ireland protocol, labour shortages and of course Brexit - the elephant in the room politicians won’t talk about
As Petra Ecclestone winds up accessories business Stark with liabilities of £4.3m ICSM notes just because owners are rich doesn’t mean they can find success in business
Pic: Daily Mail
As Petra Ecclestone winds up accessories business Stark with liabilities of £4.3m ICSM notes just because owners are rich doesn’t mean they can find success in business
ICSM blasts Farmdrop’s ‘shocking £11million losses’ as anger grows amongst suppliers and customers who say their Christmas’ have been ruined after the firm went bust last week
ICSM blasts Farmdrop’s ‘shocking £11million losses’ as anger grows amongst suppliers and customers who say their Christmas’ have been ruined after the firm went bust last week
Prepare for Credit Crunch 2 in 2022 as bankrupt China’s Evergrande Group defaults on repaying debts potentially causing a domino effect like the USA sub-prime mortgage scandals
Graphic from Youtube CNN video
Prepare for Credit Crunch 2 in 2022 as bankrupt China’s Evergrande Group defaults on repaying debts potentially causing a domino effect like the USA sub-prime mortgage scandals
Remember City Link? Suppliers and staff nervous about the dreaded ‘business goes bust on Christmas Eve’ practice as fears mount over hospitality, retail and print industries
Remember City Link? Suppliers and staff nervous about the dreaded ‘business goes bust on Christmas Eve’ practice as fears mount over hospitality, retail and print industries
And then there were six: the collapsing energy companies leaving a trail of debts, their staff axed and their customers left in the lurch
Pic: Business Telegraph
And then there were six: the collapsing energy companies leaving a trail of debts, their staff axed and their customers left in the lurch - and now Bulb Energy are on the brink
Print Week's Jo Francis reports on warnings that the industry will be engulfed by mergers and acquisitions this autumn as furlough ends and loans need repaying
Brexit and Covid take their toll on the logistics industry as another haulier goes bust giving Asda and Sainsbury's a headache (and hundreds lose their jobs)
Brexit and Covid take their toll on the logistics industry as another haulier goes bust giving Asda and Sainsbury's a headache (and hundreds lose their jobs)
Scandal of collapsed Avro Energy revealed: 'ripping off' customers, millions in loans to related firms, complaints from customers and thousands left with higher bills
Picture of Jake Brown from The Times
Scandal of collapsed Avro Energy revealed: 'ripping off' customers, millions in loans to related firms, complaints from customers and thousands left with higher bills
Make sure your clients pay you with ICSM before they go bust with half price standard 90 day membership of the UK’s leading business intelligence group
Nightmare for businesses trying to get paid from zombie firms: end of furlough, rising inflation, stagflation and the Government’s Plan B (but there is an easy solution)
Nightmare for businesses trying to get paid from zombie firms: end of furlough, rising inflation, stagflation and the Government’s Plan B (but there is an easy solution)
ICSM News Update: who has gone bust and crashed and burned this summer – plus the billion dollar debts left by Sir Philip Green’s Arcadia – and who will buy Oxford Street’s Topshop building?
ICSM News Update: who has gone bust and crashed and burned this summer – plus the billion dollar debts left by Sir Philip Green’s Arcadia – and who will buy Oxford Street’s Topshop building?
ICSM News Update: the tangled businesses and eye-wateringly high sums owed by Callprint as administrators ‘won’t let it go’ as further extension granted (plus who has gone bust in the print industry)
ICSM News Update: the tangled businesses and eye-wateringly high sums owed by Callprint as administrators ‘won’t let it go’ as further extension granted (plus who has gone bust in the print industry)
Liberty Steel’s impending collapse as furlough ends; private school shuts after 222 years; and Hugh Fearnley-Whittingstall’s film company owing millions to suppliers
Liberty Steel’s impending collapse as furlough ends; private school shuts after 222 years; and Hugh Fearnley-Whittingstall’s film company owing millions to suppliers
ACT NOW TO GET PAID! Printers, hauliers, builders, retailers, hotels: the end of furlough Armageddon is happening as firms large and small are going bust as they come off life-support.
The Bonnie and Clyde of the print industry and the strange story of how the police lost computer evidence that could have jailed a couple of fraudsters
The duo at the time when portraryed as the Bonnie and Clyde of the print industry
The Bonnie and Clyde of the print industry and the strange story of how the police lost computer evidence that could have jailed a couple of fraudsters
"It's a billion pound furlough fraud" - the real cost of the abuse of Covid support by fraudsters as they pocked cash for phantom workers and non-existent companies
"It's a billion pound furlough fraud" - the real cost of the abuse of Covid support by fraudsters as they pocked cash for phantom workers and non-existent companies
ICSM: “It’s about time!” New law to allow the Insolvency Service to ‘go after’ directors of phoenix companies and insolvent firms suspected of abusing Government loans and furlough payments
ICSM: “It’s about time!” New law to allow the Insolvency Service to ‘go after’ directors of phoenix companies and insolvent firms suspected of abusing Government loans and furlough payments
Jitters within the travel industry as Gatwick enters talks over its bank debts, and Stobart Air goes bust joining a long list airlines destroyed by the pandemic
Jitters within the travel industry as Gatwick enters talks over its bank debts, and Stobart Air goes bust joining a long list airlines destroyed by the pandemic
Print Week: future of the printing industry up for grabs as the Daily Mail DMG is reviewed which could make ‘structural changes’ to the sector
Print Week: future of the printing industry up for grabs as the Daily Mail DMG contract is reviewed which could make ‘structural changes’ to the sector
ICSM ISSUES RED ALERT: with furloughing about to end the number of companies not paying their invoices is escalating - Ian Carrotte's warning on the growing crisis
ICSM ISSUES RED ALERT: with furloughing about to end the number of companies not paying their invoices is escalating - Ian Carrotte's warning on the growing crisis
Print Week’s comments section ‘on fire’ over fears for the future of YM Group due to delayed accounts and an increase in losses - as accountants blame Covid and Brexit
Print Week’s comments section ‘on fire’ over fears for the future of YM Group due to delayed accounts and an increase in losses - as accountants blame Covid and Brexit
Scandal of the asset strippers: ICSM’s Ian Carrotte backs parliament to quiz Debenhams duo who took the money and ran
On the left is Darren Jones, left, who chairs the Business, Energy and Industrial Strategy committee, and Stephen Timms, right, chairman of the Work and Pensions committee and on the right is Rob Templeman the former CEO of Debenhams and Jonathan Feuer , a managing partner at CVC
Scandal of the asset strippers: ICSM’s Ian Carrotte backs parliament to quiz Debenhams duo who took the money and ran (leaving suppliers unpaid and 19,000 staff unemployed)
ICSM Retail Insolvency News: reasons why shops are closing are well known - but there is one elephant in the room nobody mentions that causes their demise - plus a list of latest casualties
Pic: Oxford Street Debenhams shut. The Independent.
ICSM Retail Insolvency News: reasons why shops are closing are well known - but there is one elephant in the room nobody mentions that causes their demise - plus a list of latest casualties
ICSM logistics and haulage industry insolvency news: string of firms go into administration as a quarter of SMEs have ‘significant financial’ problems – plus a list of who has gone bust recently
ICSM logistics and haulage industry insolvency news: string of firms go into administration as a quarter of SMEs have ‘significant financial’ problems – plus a list of who has gone bust recently
Printing and Allied Industries: suppliers and customers ‘spooked’ as YM Group blame Companies House for delays to publishing their accounts; plus a list of who has gone bust recently
Printing and Allied Industries: suppliers and customers ‘spooked’ as YM Group blame Companies House for delays to publishing their accounts; plus a list of who has gone bust recently
Welsh construction firm collapses owing £20m making it the biggest crash since Styles & Wood in March 2020
Alison Whistance (ThinCats), Jon Williams (WRW), Alex Jenkins (WRW), Jason Evans (Gambit) (Image: Paul Fears Photography)
Welsh construction firm collapses owing £20m making it the biggest crash since Styles & Wood in March 2020 - plus a listing all builders who've bust recently
ICSM Business Information: everything you wanted to know about the furlough scheme but were afraid to ask (and yes, millionaire Love Island stars claimed furlough payments)
ICSM Business Information: everything you wanted to know about the furlough scheme but were afraid to ask (and yes, millionaire Love Island stars claimed furlough payments)
Bill Wyman’s Sticky Fingers restaurant is the latest casualty of Covid-19’s effect on hospitality (read ICSM’s latest list of pubs, restaurants, hotels and events management firms that have hit the rocks)
Bill Wyman’s Sticky Fingers restaurant is the latest casualty of Covid-19’s effect on hospitality (read ICSM’s latest list of pubs, restaurants, hotels and events management firms that have hit the rocks)
The Northern Ireland Protocol piles up problems for businesses with a warning many firms will go bust as costs spiral and there
Loyalists take part in an anti-Northern Ireland Protocol rally in Portadown. Brian Lawless/PA Wire for the Belfast Telegraph
The Northern Ireland Protocol piles up problems for businesses with a warning many firms will go bust as costs spiral and there's discontent on the streets
Liberty Steel crisis latest: Sajeev Gupta puts more plants up for sale; Bank of England suspected Gupta’s bank in 2019; and Ian Carrotte says collapse is inevitable
Liberty Steel crisis latest: Sajeev Gupta puts more plants up for sale; Bank of England suspected Gupta’s bank in 2019; and Ian Carrotte says collapse is inevitable
ICSM Print Industry News: Trade Show Wars: Chris Davies confirms The Print Show WILL take place this September while Sign and Digital is delayed to 2022 as the battle for supremacy continues
Chris Davies of The Print Show
ICSM Print Industry News: Trade Show Wars: Chris Davies confirms The Print Show WILL take place this September while Sign and Digital is delayed to 2022 as the battle for supremacy continues
Heady mix of Covid and Brexit's impact on business means suppliers struggle as insolvencies rise (but the death of the Duke of Edinburgh has boosted the print industry with extra supplements)
ICSM News: Various, legal and finance news, football betting firm collapses amid allegations of ‘21st century Ponzi scheme’
ICSM News: Various, legal and finance news - Minister for Gambling John Whittingdale demands answers from Gambling Commission after betting firm collapses with £58m of punters' cash
Comment: The Budget: spend, spend, spend before the tax hikes take effect but by then Rishi Sunak will be PM and it will be someone else in Number 11 who takes the heat
Comment: The Budget: spend, spend, spend – before the tax hikes take effect – but by then Rishi Sunak will be PM and it will be someone else in Number 11 who takes the heat
Rishi Sunak’s ‘holding’ budget: furlough extension to September; hike in corporation tax; business rates holiday extended but long term recovery plan outlined
Rishi Sunak’s ‘holding’ budget: furlough extension to September; hike in corporation tax; business rates holiday extended - but no long term recovery plan outlined
Gina Miller calls for an independent enquiry into failed fund manager Neil Woodford’s plans to start a new investment company (after the £3.7bn disaster last time)
Gina Miller calls for an independent enquiry into failed fund manager Neil Woodford’s plans to start a new investment company (after the £3.7bn disaster last time)
ICSM Credit Print Industry News: Question mark over The Print Show; Print Week lists dodgy goings on; how is the trade press doing; and listed: more printers go bust
ICSM Credit Print Industry News: Question mark over The Print Show; Print Week lists dodgy goings on; how is the trade press doing; and listed: more printers go bust
A story of our times: retailer Boohoo acquires Debenhams brand and intellectual property rights in £55m deal (but not the stock, shops, staff or invoices from unpaid suppliers)
A story of our times: retailer Boohoo acquires Debenhams brand and intellectual property rights in £55m deal (but not the stock, shops, staff or invoices from unpaid suppliers)
The 2008 Credit Crunch explained in Adam McKay’s adrenalin filled tragic-black comedy movie The Big Short
Margot Robbie appears in a bath to explain financial matters
The 2008 Credit Crunch explained in Adam McKay’s adrenalin filled tragic-black comedy movie The Big Short shows how easy it is for fraudster bankers to bring an economy down – is it happening again with Covid-19 loans?
CREDIT INSIDER: don’t get sucked into giving credit to ailing retailers – as Arcadia announce closing 31 shops and Superdry wobble after massive losses
CREDIT INSIDER: don’t get sucked into giving credit to ailing retailers – as Arcadia announce closing 31 shops and Superdry wobble after massive losses
Bonnie and Clyde of the printing industry escape latest attempt to nail them; Essentra set to shut some UK sites; Bradford firm goes bust and trouble at Royal Mail - ICSM Credit
Bonnie and Clyde of the printing industry escape latest attempt to nail them; Essentra set to shut some UK sites; Bradford firm goes bust and trouble at Royal Mail - ICSM Credit's latest print industry news
Alarm at collapsing firms (even on Christmas Day) as David Lloyd Leisure and GLL signal cashflow problems plus the publican who has borrowed £4m to stay afloat
Alarm at collapsing firms (even on Christmas Day) as David Lloyd Leisure and GLL signal cashflow problems - plus the publican who has borrowed £4m to stay afloat
Lockdown the sequel: Ian Carrotte warns of mass unemployment and many business failures as industry groups round on the Chancellor
Lockdown the sequel: Ian Carrotte warns of mass unemployment as industry groups round on the Government for failing small businesses during the Covid-19 crisis