Corporate insolvencies hit a record high in 2023
Figures for December 2023 published by The Insolvency Service have confirmed that 2023 was a record year for business failures. The annual total of 26,595 corporate insolvency filings
Restructuring & Insolvency
January 2024 economic and business overview
In this month’s business overview, we take a look back on 2023 and investigate what growth predictions might be made for the coming year An unwelcome last minute
Opus purchases the business and certain assets of professional services firms, SKSI Limited and MLM CPS Limited
Opus Restructuring LLP, the restructuring and insolvency arm of Opus Business Advisory Group, is pleased to announce the purchase of the business and certain assets of SKSI Limited
Is the UK heading for record corporate insolvencies in 2023?
The surge in corporate insolvencies for November 2023 announced by The Insolvency Service has left the UK economy on the cusp of an unwanted and deeply unenvious record.
Explainer: The Economic Crime and Corporate Transparency Act
The Economic Crime and Corporate Transparency Act received Royal Assent on 26th October 2023 and introduces “world leading powers” in combating criminal groups and others Suella Braverman, Home
Zombie companies in the hospitality industry – mitigating the credit risk
Zombie companies with negative balance sheets and surviving only through the indulgence of their creditors have long been a worrying feature of the UK economy, creating unlevel playing