FT reporter Gill Plimmer examines the background to the announcement by residential care giant, HC-One to reduce its debt via a £200m sale and leaseback deal. Our Business Risk Adviser, Nick Hood comments on the precarious financial state of the UK care home sector: “HC-One’s move to raise funds through a sale and leaseback has unpleasant echoes of the financial
Daily Mail City Correspondent, Laura Chesters sets out the details of a deal involving the sale of the BHS headquarters building, which generated a paper profit of over £21m for a company controlled by the wife of Sir Philip Green. Our Business Risk Adviser, Nick Hood comments on opaque corporate structures and the blurring of personal and corporate boundaries: “This
Phil Bishop debates the pros and cons of the private vs. quoted company ownership model for Britain’s construction sector, with extensive comments from our Business Risk adviser, Nick Hood. “Probably the most cogent reason why the family-owned, private ownership model is safer is because of the sheer difficulty of expressing in accounting terms what construction businesses do,” Hood says ….
City AM reporter, Helen Cahill delves into the arrangements for the government to make payments to BHS staff being laid off by the Administrators, quoting our Business Risk Adviser Nick Hood: Redundancy payments due to BHS staff will ultimately come out of the public purse, via the National Insurance Fund, and could cost taxpayers £12m, according to Nick Hood, a
Presenter Nigel Cassidy interviewed our Business Risk Adviser, Nick Hood this morning on Share Radio on why BHS failed, what happens next and what lessons can be learnt. Click here to listen to the whole interview
CoStar Reporter Kasmira Jefford looks at the issues for landlords and the retail property market more generally caused by the failure of the retail chain BHS. Nick Hood, a business risk adviser for Opus Restructuring, said 15 years of underinvestment and lack of focus were to blame for BHS’ demise. “The problem with BHS is so tired and so behind
