The past 12 months have been punctuated with the news of a string of crumbling UK businesses, as confidence in the economy founders and the cracks start to show.

The MG Rover crisis, followed by the more recent demise of household names such as Golden Wonder and Canterbury Foods have served to bring the level of insolvencies in the UK to public attention, throwing the spotlight squarely on to the current dip in consumer spending across the country. This weaker consumer confidence, coupled with mounting red tape and a crowded marketplace, means it remains tough for many businesses in the UK.