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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Interest rate rises hitting embattled care home finances hard
A wide-ranging article this week in the Financial Times highlighted the plight of care home finances as operators struggle with surging interest rates. The article […]
Business insolvencies soar by 60% in June
The corporate insolvency statistics for June 2023 published today show an ongoing and worrying trend for UK businesses. A perfect storm of interest rate rises, […]
Scottish care home closures surge as deadlock over state funding continues
The appointment of Opus Restructuring & Insolvency as provisional liquidators to supervise the continuing trading and eventual winding down / closure of Hogganfield care home […]
Fixed and floating charges – a crucial new judgement
Those outside the lending and insolvency communities could be forgiven for struggling to understand the difference between Fixed and Floating Charges over business assets and […]
Business decline and turnaround – spotting the warning signs and acting decisively
All businesses go through phases and cycles: from formation to growth to plateauing and, in some cases, on into decline and beyond. Good management sees […]
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 […]
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 […]