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spring statement

How will the Spring Statement affect UK business?

Major fiscal events are always a game of winners and losers. This Spring Statement was no different, though given the weak state of the UK economy and global uncertainty this was an even more precarious financial tightrope balancing act than many. The urgent need to boost defence spending was largely dealt with through the controversial slashing of the international aid

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UK road haulage sector

Challenges persist for UK Road Haulage sector

Our report into the UK Road Haulage sector finances published last month described a shrinking industry with a deteriorating financial risk profile as well as a wide range of challenges, few of which have eased over recent years. In this article, we look at some of the practical challenges faced by this market and the current impact. Managing increasing demands

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Budget cost increases and business insolvency

Budget cost increases and business insolvency

Some Budget measures are introduced with instant effect, usually to assuage public opinion about some perceived fiscal injustice. Others have a much longer fuse, stretching years into the future. The Autumn 2024 Budget changes fell between the two, giving those businesses affected just five months to adjust to having £25bn of the alleged ‘black hole’ in government finances dumped onto

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Economic Overview March 2025

Economic Overview for March 2025

The mood for the UK economy may be somewhat less than positive as it lurches sluggishly just above and below the zero-growth line, but our parochial worries pale into insignificance set against the implications of what is unfolding in Washington. Running a business, never mind planning for and investing in its future when global trade relationships and tariffs are being

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shutting down a company

Shutting down a limited company

There are many reasons why companies need to be closed. Sometimes it can be single-purpose companies that have achieved their objective, such as the completion of a property development, or a charity dedicated to dealing with a specific social issue which is achieved its purpose. Other reasons could be the retirement of the owner, or the mutually agreed ending of

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forensic accountant in litigation

The role of a forensic accountant in litigation

I read a great thought piece about why the Prince Harry v News Group settled at such a late stage and it got me thinking about the role forensics has to play. For those blissfully unaware of the traumas of litigation, there are many reasons why a case may never see the inside of a court room. The article makes

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