saw its shares go up 5% after issuing a detailed trading update following an
unexpected profit warning.
last week, from Accuma and Debt Free Direct, shook Aim-listed companies dealing
with personal insolvencies, causing their shares to plunge.
Accuma shares, which stood at 222%p last week, fell nearly 60% when it said
the UK’s biggest banks were becoming reluctant to approve insolvency agreements
and that it had suffered from a ‘poorly executed’ marketing strategy, the
Accuma revealed yesterday that approval rates for individual voluntary
(IVAs) dropped from 94% to 78% towards the end of 2006.
The company yesterday sought to reassure the market that in early 2007
approval rates had returned to about 85%.
Richard Le Tocq, head of Locate Guernsey, discusses the chancellor’s approach to high net worth individuals, and why relocation is increasingly attractive to HNWIs
The firm says that the U-turn 'does not alter the need for a fundamental review of the way we tax work' and that the current tax system is in need of reform
Legislation on the NICs changes to be brought forward in the autumn following publication of 'the full effects of the changes to Class 2 and Class 4' in the summer
Following chancellor Philip Hammond’s Spring Budget speech, we explore the key takeaways for businesses and individuals