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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April 2024 economic and business overview

Green shoots of recovery or another false dawn? The chart of the UK’s monthly GDP movement over the past thirteen months, published in mid-March by […]

Opus opens new Manchester office with local Partner

Opus Business Advisory Group continues to support the thriving North West business community by opening a new office in central Manchester. Frank Ofonagoro joins Opus […]

March 2024 economic and business overview

What next for the UK economy now we’re in a recession? Economists need ponder no longer, the Office for National Statistics (ONS) finally confirmed that […]

Scottish insolvency stats – There may be trouble ahead

The Insolvency Service reported recently that 88 company insolvencies were recorded in Scotland in January 2024, which is 19% lower than the number in the […]

P2P lenders’ wind-down plans are in the FCA cross hairs: what should firms be mindful of?

On 25 May 2021, the Financial Conduct Authority (“FCA”) wrote to all of the UK’s authorised loan-based peer-to-peer (“P2P”) crowding platforms, to express its concern […]

February 2024 economic and business overview

More mixed signals on the economy mean uncertainty for UK businesses We finished 2023 with arguments raging on whether the UK was already in a […]

Corporate insolvencies hit a record high in 2023

Figures for December 2023 published by The Insolvency Service have confirmed that 2023 was a record year for business failures. The annual total of 26,595 […]

January 2024 economic and business overview

In this month’s business overview, we take a look back on 2023 and investigate what growth predictions might be made for the coming year An […]

Opus purchases the business and certain assets of professional services firms, SKSI Limited and MLM CPS Limited

Opus Restructuring LLP, the restructuring and insolvency arm of Opus Business Advisory Group, is pleased to announce the purchase of the business and certain assets […]

Is the UK heading for record corporate insolvencies in 2023?

The surge in corporate insolvencies for November 2023 announced by The Insolvency Service has left the UK economy on the cusp of an unwanted and […]