Finance Business News - Published today 29 October 2020 , the Red Flag Alert data from Begbies Traynor reveals that 2,000 7 more Yorkshire businesses were in financial trouble by the end of September than at the end of the second quarter of 2020 in June. The increase comes despite a backlog of court action preventing many CCJ s and winding up petitions being issued.

Finance Business News - Eleanor Temple is backing the launch of a consultation focusing on giving greater powers to the Office of the Small Business Commissioner to support SMEs in resolving their late payment problems.

Finance Business News - Having agreed that it should be mandatory for sales to connected party purchasers in pre-packs to be referred for an independent opinion, we broadly welcome the Government s announcement. In particular, the Government s decision not to ban sales to connected parties in pre-packs is the right one.

Finance Business News - Mike has 12 years experience in corporate finance and joined the Leeds office as investment director in January 2019. Over the last 18 months, he has been involved in a number of high-profile deals, including the 4.5m Series A investment into Leeds-based data visualisation, reporting and analytics software developer Panintelligence.

Finance Business News - Founded in 1980 by Jeff and Celia Hollings, the business has its head office, warehousing and distribution operations in Skipton, as well as a purpose-built manufacturing facility in Worksop that produces a wide range of bones and treats. The company has a diverse customer base, from supplying independent pet shops to leading retailers and wholesalers.

Finance Business News - A Fintech firm which helps accountants analyse their clients data is launching a new service to enable banks and financing firms make better lending decisions. The cloud-based service uses an API app programming interface to extract financial data in minutes and present it to the lender in an easy to understand standardised format.

Finance Business News - Eleanor Temple, chair of insolvency and restructuring trade body R3 in Yorkshire and a barrister at Kings Chambers in Leeds, is advising regional employers who are worried about meeting their wage commitments after the close of the Coronavirus Job Retention Scheme on 31 October to start looking for advice now, rather than ignoring an issue that could threaten their business s viability.

Finance Business News - Mike spent almost 25 years with Lloyds TSB Commercial Finance in a number of roles, including senior client manager and area director, before moving to Bibby Financial Services for seven years, latterly in the position of head of sales. He has extensive experience of advising businesses on ABL and finance.