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Restructuring & Insolvency

Is billion-pound boast by Sir Tom Hunter coming up short?

Opaque financial disclosure discriminates against creditors, suppliers and other stakeholders in UK companies. Our Business Risk Adviser, Nick Hood comments on the abbreviated accounts published by certain companies within the business empire of Scottish entrepreneur, Sir Tom Hunter in an article by Alex Ralph and Deidre Hipwell published by the Times: Accounts for the year to the end of March

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The Reality of the Domiciliary Care Financial Crisis

Our Business Risk Adviser and adult care pundit, Nick Hood has set out the stark financial prospects for the UK’s embattled domiciliary care sector in an article for leading industry magazine, Care Management Matters. The BBC1 Panorama programme, Britain’s Home-Care Crisis, broadcast in March, laid bare the plethora of problems besetting the UK’s homecare sector. The impact of resource constraints

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What is happening at Hull’s St Stephen’s Centre and what does the future hold for it?

Our Business Risk Adviser, Nick Hood is quoted extensively on the challenges facing UK retailers as Hull’s St Stephen’s shopping centre sees its vacancy rates soar. There is no question St Stephen’s is facing a challenging period.  With 17 retailers looking to negotiate a new lease, there could be some major changes at the centre. Zara, Dorothy Perkins and Sports Direct are

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“Large number” of retailers expected to fail in coming months

Ben Stevens reports for Retail Gazette on the tough prospects for many UK retailers. “There will be more casualties going through the summer,” Opus Restructuring’s business risk advisor at Nick Hood told City AM. “A lot of stakeholders are now thinking there’s been a really fundamental change and I think the trigger for it is business rates. There is clearly

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More pain on the way for UK retail

City AM retail reporter, Helen Cahill reports that a triple-blow of tax hikes, rising costs and a squeeze on consumer spending is threatening to wipe out thousands of British retailers, with a string of familiar high street names expected to fall into administration this year. Nick Hood, a business risk adviser at Opus Restructuring, said between five and 10 high-street names

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