What are some good plans that could be considered when you repay debts for your business?

Debt is not something new to many corporate businesses; it’s usually manageable. However, the level of debt being held by corporate businesses in the UK is significantly higher than previous years due to the COVID-19 pandemic. A study by The Recapitalisation Group, formed by The City UK, a finance industry body, has suggested that corporate [...]

By |2023-03-24T12:14:20+01:00January 6th, 2021|Business Rescue|Comments Off on What are some good plans that could be considered when you repay debts for your business?

How do businesses elaborate plans to pay off their debts?

Although many have returned to work, there are still millions of workers on the Government-backed furlough scheme. This means the UK’s Debt Management Office (DMO) is working overtime in selling gilts, or government bonds, to pay the difference between what the government raises in taxes and spending to pay for the COVID-19 pandemic. This also [...]

By |2023-03-24T12:14:32+01:00December 30th, 2020|Business Rescue|Comments Off on How do businesses elaborate plans to pay off their debts?
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