Our Business Risk Adviser, Nick Hood comments in the Sunday Express on the threats to vulnerable retailers over the forthcoming festive season: “The retail sector faces major challenges as we head into the vital festive season with clear indications that price deflation and slowing consumer spending will prove to be pernicious pincers squeezing sales, margins and bottom-line profits.”
Our Business Risk Advisor, Nick Hood is interviewed on BBC World about the many challenges facing Tesco under the new leadership of Dave Lewis. Click here to watch video
Our Head of Creditor Services writes for Corporate Insolvency & Restructuring magazine about the changing world of creditor involvement in the UK insolvency regime. Back in the early 1990s, a well-known but not best respected insolvency practitioner (IP) in North London liked to joke that whenever his receptionist tried to put through a call from a creditor on any of his
Retail expert Nick Hood, of Opus Restructuring and Insolvency, said: “I think this has been coming for a while. “Previously, mobile phone operators have given retailers large discounts to sell their products and services, but now they are taking a tighter control of the channels in which they sell. “They have said to themselves, ‘maybe we could do
A panel of experts debate the biggest challenges that companies are currently facing. Viable, successful businesses right across the UK economy are being undermined by a zombie army of the corporate walking dead. Over 200,000 companies with combined negative equity of more than £70billion are distorting competition, desperately pursuing business at any price and paying no heed to the
Opus Restructuring, a specialist insolvency and turnaround practice, has launched with the aim of keeping troubled SMEs afloat, rather than putting them into administration, writes Ravender Sembhy. The boutique firm’s three-pronged approach includes avoiding insolvency where possible, fixing fees at the outset and being more transparent with stake holders about the process. To read full article, click here and scroll
