Business Debtline helped 26,000 struggling small businesses last year, a proportion of which were pub licensees. In this article, the charity offers 10 tips you can use to help get back on the road to financial health.
English winemaker Chapel Down has secured over £4.3m in new funding and appointed ex-Scottish & Newcastle chief executive John Dunsmore to the board as it gears up for expansion.
Steve Benger is probably using a degree of understatement when he describes the recent period around WaverleyTBS’s demise as “fraught”.Few business collapses in this industry have had such a impact, and affected so many people so quickly, as that of Waverley.
Licensees have hit out at the way Deloitte is collecting money from them following the WaverleyTBS fallout last year, with concerns that some may be over-paying.
Businesses that were in debt to former drinks supplier WaverleyTBS when it fell into administration are being forced to pay their debts in seven days or face legal proceedings.
A Warwickshire licensee has advised others not to “bury their head in the sand” over utilities bills as he struggles to repay British Gas for two years’ worth of electricity.
Licensees need to set aside their VAT rebates on amusement with prizes (AWP) machines, warns expert. A European Court of Justice case, scheduled for 30 June, could set a precedent allowing HMRC to appeal the refunds.
