Industry News & Insight
We post regularly in our news and insight section discussing current industry topics, covering all divisions within the Group.
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Late payments – a challenge for strong and weak businesses alike
Late payments, especially by large businesses delaying settlements to smaller ones, have been a bone of commercial contention for decades. Beyond the devastation it causes […]
The insolvency priority waterfall
What happens to the funds raised by Insolvency Practitioners (IPs) after they are appointed as Administrators or Liquidators? This is a mystery to almost everyone […]
March insolvency stats: Worrying increase in business closures
Shocking corporate insolvency figures for March just published by the Insolvency Service have revealed the magnitude of the problems faced by businesses up and down […]
Is this a time for brave entrepreneurs to expand their business?
The economic news might not be as gloomy as a few months ago, but the UK’s GDP is flatlining and the IMF is predicting we […]
A small business take on Next’s lower profit forecast
The recent news that one of the UK’s best run and most respected businesses predicts that its sales and profits will fall back in 2023 […]
The Economic Crime and Corporate Transparency Bill
Having successfully navigated its way through the Commons, The Economic Crime and Corporate Transparency Bill is now passing through the Committee stage in the House […]
Why shareholders come behind creditors in the insolvency queue
Fortunately, few people have any direct experience of a company failure. When they do, the priority ‘waterfall’ for distribution of what’s left in the pot […]
Devaluation in a formal insolvency – the impact of costs
So far in our series on what a formal insolvency does to a previously solvent balance sheet and how it impacts stakeholder recoveries, we have […]
The best way forward when struggling to repay a Bounce Back Loan
When the government launched its business support loan schemes early in the pandemic, there was widespread praise for the initiative. The speed of roll out, […]
How business liabilities can balloon during insolvency
Following our first three articles on business devaluation during insolvency, we now turn our attention to the liabilities in the balance sheet. What is often […]