High rents force three in four hospitality businesses to consider restructure…
12
Oct
27
Jun
Construction boss banned for failing to pay health & safety fines
Construction boss banned for failing to pay health & safety fines
31
May
Restaurant sector decline highlighted by job vacancies decrease
Restaurant sector decline highlighted by job vacancies decrease
30
May
An uncle and nephew team who ran a kebab takeaway in Camden have been banned from holding directorships for 14 years for suppressing takings.
An uncle and nephew team who ran a kebab takeaway in Camden…
25
May
Husband and wife banned after abusing insolvent company’s assets
Husband and wife banned after abusing insolvent company’s assets
24
May
Directors’ Personal Guarantees
Directors must be aware that when they give a personal guarantee (PG) to secure credit for their company, they are effectively making a financial commitment to settle that debt in the event that their company is unable to do so.
In today’s economic environment it is quite common for lenders to insist on a director’s PG before granting a loan or an overdraft facility to the company…