Turning recession into a time of opportunity
The Office for National Statistics has finally put an end to speculation and confirmed that the UK was in a technical recession in the second half of 2023.
Restructuring & Insolvency
March 2024 economic and business overview
What next for the UK economy now we’re in a recession? Economists need ponder no longer, the Office for National Statistics (ONS) finally confirmed that Q4 2023 saw
Scottish insolvency stats – There may be trouble ahead
The Insolvency Service reported recently that 88 company insolvencies were recorded in Scotland in January 2024, which is 19% lower than the number in the previous January. This
P2P lenders’ wind-down plans are in the FCA cross hairs: what should firms be mindful of?
On 25 May 2021, the Financial Conduct Authority (“FCA”) wrote to all of the UK’s authorised loan-based peer-to-peer (“P2P”) crowding platforms, to express its concern about areas of
February 2024 economic and business overview
More mixed signals on the economy mean uncertainty for UK businesses We finished 2023 with arguments raging on whether the UK was already in a shallow recession or
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