Businesses are facing something of a perfect storm. The war in Ukraine, coupled with lingering supply chain challenges, a turbulent economy and political disruption, all make for challenging trading conditions.
On October 1, HMRC will make a major change to how customs duty is declared in the UK – closing down the legacy customs declaration system, CHIEF, which has been in place for more than three decades.
Yorkshire businesses accounted for 10 per cent of administrations in the first six months of the year, the joint fourth highest region in the UK, according to analysis by law firm Shakespeare Martineau.