Posts Tagged ‘christmas’
Comet Administration a Wakeup Call for Zombie Companies
In December 2010, I warned that struggling businesses that relied on Christmas trade to maintain solvency were asking for trouble.
Read MoreSmall Businesses Dependent on Public Sector Bank On Xmas Boost for Survival in 2011
An analysis of the government’s recent spending review suggests that George Osborne’s attempts to reduce the UK’s budget deficit of £155 billion will have a devastating impact on smaller suppliers dependent on public sector contracts. According to Andrew Burn of accountancy firm KPMG: ‘For smaller businesses the overall impact is likely to be negative, leading…
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