Surge in new business activity across Yorkshire and the Humber as insolvency levels ease, says R3

Dave Broadbent, chair of R3 in Yorkshire Yorkshire and the Humber recorded a strong rise in business start-ups in September, as new figures reveal growing entrepreneurial confidence across the region. According to the UK’s insolvency and restructuring trade body R3, almost 5,000 (4,989) new businesses were launched in Yorkshire and the Humber during September, representing…

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Pepco to close 28 stores in Germany

Following the insolvency filing of the discounter Pepco’s German subsidiary in July, the restructuring plan for Pepco Germany GmbH was presented on Tuesday. The plan involves significant cuts to its store network. Pepco Germany to close 28 stores In recent weeks, the management has undertaken “an extensive analysis of the store network in Germany and…