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Severe stress in construction sector supply chain

A key market: The construction sector The construction sector is one of the UK’s most vital markets. Its importance in terms of its contribution to the efficient working of the economy far outweighs its 6% share of GDP. It employs some 2.3m people of around 7% of the total workforce. Strong initial bounce back in the pandemic After being badly

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The Minefield of Managing Foreign Exchange Risk

Exchange rate fluctuations can make a nonsense of even the best or the most carefully planned piece of business, whether it is an overseas sale or procurement decision. Income flows from foreign subsidiaries or joint ventures can also be affected, or the carrying value of those investments. Transaction Exposure The most common and simplest type of foreign exchange risk is

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Opus opens new Preston office with local Partner

Continuing its commitment to businesses in the North West of England Opus Business Advisory Group’s continues its commitment to supporting business with local expertise, opening a new office in Preston, Lancashire. Insolvency Practitioner, Ian McCulloch joins Opus Restructuring & Insolvency to lead this dedicated office. A corporate insolvency professional specialising in SME liquidations and administrations, Ian has over 17 years’

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Business leadership during a crisis

Despite the success of the vaccination programme and the hope of normality it promises to the public, there are still many more months of disruption, uncertainty and tough financial times ahead for the travel industry. Even after that, the new normal will likely be very different to the world we knew before Coronavirus. In such times, calm business leadership is

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Opus is now an ABTA Partner

Opus Business Advisory Group is pleased to announce it has become an ABTA Partner with ABTA travel association. ABTA has been a trusted travel brand for 70 years, offering advice and guidance to the travelling public, as well as leading the travel industry in supporting high service standards and promoting responsible tourism at home and abroad. The travel industry has arguably been the

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Personal guarantees: When liability isn’t so limited

The concept of limited liability is not new. English law granted this status to monastic communities and trade guilds as early as the 15th century and the protection was extended more generally by the Limited Liability Act of 1855, despite fears expressed at the time that it would lower standards of commercial behaviour. Over the past hundred years, the idea

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