Posts Tagged ‘financial difficulties’
Consumers warned 2010 will be difficult
British consumers should expect to face more financial difficulty this year than during 2009, a financial expert has claimed.
Richard Perks, director of retail research at Mintel, said it is “obvious” that living costs are going to rise while income is squeezed.
The tough times are “really still to come,” Perks said.
“That doesn’t necessarily mean we are [...]
Crystal Palace FC in administration
Championship side Crystal Palace has gone into administration as a result of financial difficulties.
In November, cash flow problems were highlighted after players were paid late on several occasions.
The news comes just a month after Watford Football Club saw its shares suspended after its parent company, Watford Leisure, was on the verge of administration.
Watford Leisure [...]