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
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
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
As we continue on what looks to be an uncertain road through the UK economy in 2025, all eyes have turned to the USA and the second incarnation of Donald Trump as the 47th US President. The threat of tariffs hangs over the world, potentially affecting many industries and businesses. The UK cannot escape the new global economic realities. The
In the challenging world of commerce, financial difficulties are an inevitable reality for many companies. Whether driven by economic downturns, rising costs, or market disruptions, these pressures can place a strain on even the most resilient businesses. Restructuring can offer a practical solution to regain control, stabilise operations, and pave the way for long-term recovery. But knowing when and how
Our latest UK hospitality sector report published last November highlighted a marked deterioration in the industry’s finances, as well as a worrying reduction in its size. We speculated that the outcome of the key Christmas and New Year trading season would be vital for prospects in a challenging year ahead in 2025. We are now beginning to get a sense
