Croydon Council plunges into Insolvency crisis
Insolvency: Why is Croydon Council declaring itself insolvent? Croydon Council became only the second UK local authority in twenty years to declare itself insolvent when it issued a
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The cash flow cliff edge is coming – is your business ready?
Financial help for businesses The Coronavirus crisis has created the most difficult financial climate in living memory, maybe for best part of a century. Equally, never has there
Internal fraud: the ever-present threat to businesses
Fraud in the workplace Fraud is never far from the headlines. A little while ago, Patisserie Valerie collapsed into Administration after it was found to have overstated its
Reinstating Crown Preference: So many consequences for business
Crown preference background The Finance Act 2020 has restored preferential status in an insolvency as from December 2020 to Crown debts, such as unpaid VAT and PAYE. This
‘Light Touch’ Administrations: A new approach to an old remedy
It may have taken almost twenty years, but the insolvency profession has finally got round to adapting the Administration insolvency process brought in by the 2002 Enterprise Act
Creating a cash culture to help your business through a crisis
This pandemic is a crisis like no other in the past century and beyond. It is stressing every aspect of a company’s business model. Revenues are being slashed,