As retail chain BHS struggles to survive by cutting a deal with its landlords, 2016 is looking less and less rosy for other UK retailers. Research by financial health monitoring experts, Company Watch reveals ten major chains in its Warning Area. Nick Hood comments in the Sunday Express: “The problems at BHS are the tip of the iceberg for a sector
As struggling retail chain BHS teeters on the edge of insolvency, research by Opus into its financial dealings with Arcadia and Sir Philip Green’s family is used in a major Daily Mail feature. Our Business Risk Adviser, Nick is quoted: “What is particularly hard to swallow is the dividends,’ says Nick Hood, who carried out the research. ‘£414 million was stripped out
Business Risk Adviser, Nick Hood was interviewed on BBC Radio 4’s flagship consumer programme, You & Yours on the prospects for the struggling retail chain, BHS. To hear the interview click here and scroll to 17:56 into the programme
Our Business Risk Advisor, Nick Hood was interviewed for the BBC Radio 4 consumer affairs programme You & Yours on the implications of the changes to Business Rates announced in yesterday’s Budget. Click here to listen to the audio clip
Our Business Risk Adviser, Nick Hood comments for Contractor UK on the threatened changes to the taxation of funds taken out of companies operated by IT contractors. …many contractors have heard rumours that the government intends to make changes to Entrepreneurs’ Relief (ER), which currently limits tax payable on capital gains. Unfortunately, the amendments that are actually proposed in this
Research conducted by Opus into the extraction of funds from the struggling retail chain BHS prior to its recent sale is quoted by the Sunday Times. According to analysis by Opus Restructuring, an advisory practice, he (Philip Green, his family and companies controlled by them) took out £807m in dividends, service charges and rent during his ownership, although he put
