press clippings
Monday, 18 Jan 2010
creditors have new weapon to tackle firms in debt war
Most of us will have seen the Boxing Day coverage of the descent of hordes of shoppers on the high streets.
While not all of us will have been willing to queue to find that "steal", the majority will have sought that post-Christmas bargain fix, and many retailers are reporting record post-Christmas sales.
Now, though, the melting snow and the VAT increase signal a reversion to normality, and many businesses will return to the reality of ordinary trading with a bump.
Shops, restaurants and pubs in particular may feel the pinch, as the rest of us abstain to make up for our Christmas excesses.
It is these very businesses that face a further challenge in the shape of a new enforcement remedy that came into being at the end of last year...