Strong recovery for the airline industry despite capacity constraint concerns
The most recent results of major airlines focused on the UK market show an extraordinary level of positivity. Profits at British Airways owner, IAG in Q2 2023 soared
Restructuring & Insolvency
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
Hospitality sector debt levels are falling, but is it at the expense of business investment?
Our latest report into the finances and prospects of the hospitality sector published earlier this month showed that the industry’s borrowings had fallen by 18% in the last
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
Compensation Orders – how can they affect Directors?
There are many ways in which Directors can be made to contribute towards the losses suffered by creditors when a company fails. The best known being Wrongful Trading.
October economic and business overview
In this monthly update, we take a closer look at the latest UK economy stats and discuss what they may mean for UK businesses in the coming month.