International co-operation in the coronavirus crisis Globalisation has been with us for decades, bringing new and troubling dimensions to even relatively small insolvency cases and for the insolvency practitioners handling them. Suddenly, they were dealing with UK businesses with assets abroad and all manner of creditors and stakeholders in wild and wonderful places, all with no status or powers in
International Uncertainty for the UK’s Universities The UK’s higher education sector has long been a magnet for ambitious students from all over the world. A degree from a British university is career gold, reflecting our high educational standards. Our cherished freedom of expression is a significant factor for some overseas students. So successful have we been at attracting foreign students,
Landlords Grow Rich in their Sleep . . . So said the 19th century British philosopher, John Stuart Mill. You could add the thoughts of the American steel magnate and philanthropist, Andrew Carnegie: “Ninety percent of all millionaires become so through owning real estate.” Or do they? In the extraordinary circumstances created by Coronavirus, it looks increasingly like there are
The Show Must Go On – Surviving Coronavirus Armageddon for the world of arts and entertainment came as the government unveiled a series of the crisis management version of the coup de théâtre. First people were told to stay away from places of entertainment, then days later each and every one of our cinemas, theatres and live music venues was
Hotels repurpose to get through the crisis As the Government belatedly joins the global trend of rigid enforcement of ‘stay home’ strategies, any hope that UK hoteliers may have had of somehow struggling through this tragic crisis with severely limited occupancy rates has evaporated. Guest revenues have finally flatlined and will stay that way for the foreseeable future. Nevertheless, there’s
There are so many survival options for restauranteurs The stress and worry for owners of restaurant and pub businesses and their staff is unimaginable right now. Even before the last two week’s dramatic events, turnover at restaurants had plummeted in the first two weeks of March, then BANG, the Government does its best to destroy your business with two appallingly bad
