ACCA director: Cost of insolvency regulation unsustainable

Insolvency ACCA director: Cost of insolvency regulation unsustainable

3m Aoife Morgan

ACCA director: Cost of insolvency regulation unsus...

Association relinquishing RPB authority Read More...

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UK insolvencies hit pre-pandemic highs

Insolvency UK insolvencies hit pre-pandemic highs

3m Jeremy Chan

UK insolvencies hit pre-pandemic highs

December was the first month since lockdown began that insolvencies were higher than the same period year on year Read More...

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“Tsunami of insolvencies” likely as retail faces collapse

Insolvency “Tsunami of insolvencies” likely as retail faces collapse

5m Leanna Reeves

“Tsunami of insolvencies” likely as retail faces c...

Insolvency partner expects more businesses falling into administration as retail group ends partnership with suppliers Read More...

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New evaluator role in pre-pack scrutiny too vague

Insolvency New evaluator role in pre-pack scrutiny too vague

6m Jeremy Chan

New evaluator role in pre-pack scrutiny too vague

Insolvency service announces new law to scrutinise sale of pre-packs but does not specify qualifications for the evaluator Read More...

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HMRC’s crown preference scares away rescue finance lenders

Business Recovery HMRC’s crown preference scares away rescue finance lenders

8m Jeremy Chan

HMRC’s crown preference scares away rescue finance...

Companies will have more trouble raising funds with floating charges as HMRC’s preferential status puts off lenders Read More...

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Rise in insolvency and creditor action expected

Insolvency Rise in insolvency and creditor action expected

9m Jeremy Chan

Rise in insolvency and creditor action expected

Practitioners braced for “storm” of activity Read More...

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Industry works out new moratorium process

Insolvency Industry works out new moratorium process

9m Jeremy Chan

Industry works out new moratorium process

Moratorium provides a more debtor friendly process, but questions remain on practicality on UK insolvency Read More...

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UK alters insolvency law landscape

Coronavirus UK alters insolvency law landscape

11m Jeremy Chan

UK alters insolvency law landscape

The government has announced a number of changes to insolvency law in an effort to support in-distress businesses Read More...

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Furloughed staff considered ‘super-priority’ creditors during administration

Coronavirus Furloughed staff considered ‘super-priority’ creditors during administration

11m Jeremy Chan

Furloughed staff considered ‘super-priority’ credi...

Recent court rulings clarify legal grey area caused by furlough scheme Read More...

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Insolvencies drop in first quarter

Coronavirus Insolvencies drop in first quarter

12m Jeremy Chan

Insolvencies drop in first quarter

Latest report from The Insolvency Service outlines reduced number of insolvencies for the first three months of 2020 Read More...

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Report: Avoiding insolvency in midst of crisis

Coronavirus Report: Avoiding insolvency in midst of crisis

1y Jeremy Chan

Report: Avoiding insolvency in midst of crisis

Insolvency has become a major threat across most UK markets, as businesses scramble for ways to avoid getting sucked under Read More...

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Industry at odds over potential insolvencies

Accounting Firms Industry at odds over potential insolvencies

1y Tom Lemmon

Industry at odds over potential insolvencies

Predictions of 800,000 UK insolvencies requires “sense-checking” says RSM, but leading insolvency body say it depends on the length of the crisis Read...

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UK SMEs unprepared to apply for loans

Budget UK SMEs unprepared to apply for loans

1y Jeremy Chan

UK SMEs unprepared to apply for loans

The government has announced businesses support measures to help keep companies afloat, but SMEs may have trouble accessing credit Read More...

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Governance and culture questions raised among insolvency practitioners

Insolvency Governance and culture questions raised among insolvency practitioners

1y Kevin Reed

Governance and culture questions raised among inso...

Insolvency practitioners must tread a fine line in undertaking their role, and move onto how practices must get a grip on a permissive culture and loo...

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Pensions play a crucial role in insolvency

Pensions Pensions play a crucial role in insolvency

1y Jeremy Chan

Pensions play a crucial role in insolvency

For firms in financial duress, employee pensions expenses can be fatal. Giving them a spot at the table may be a better option. Read More...

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Insolvency: Recognising the warning signs

Insolvency Insolvency: Recognising the warning signs

2y Stephen Wainwright

Insolvency: Recognising the warning signs

There are a number of warning signs that a company is in financial distress and action is required, says Stephen Wainwright of Poppleton & Apple R...

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Personal insolvency rate continues to rise

Insolvency Personal insolvency rate continues to rise

2y Chris Jewers

Personal insolvency rate continues to rise

The Quarter 2 figures show 30,936 individuals entered either bankruptcy (4,228), a debt relief order (6,752) or an individual voluntary arrangement or...

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Bookmakers close stores - what now?

Business Bookmakers close stores - what now?

2y David Williams, Senior associate, BDB Pitmans

Bookmakers close stores - what now?

Betting store closures may appear to paint a bleak picture of the future for bookmakers - but those who have prepared for a move to online will stay i...

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Personal insolvencies more common among woman, coastal dwellers and those in North East

Insolvency Personal insolvencies more common among woman, coastal dwellers and those in North East

2y Chris Jewers

Personal insolvencies more common among woman, coa...

Personal insolvencies are more common among woman, people who live by the sea or people living in the north east, according to 2018 statistics. Gender...

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HMRC preference in insolvency cases a 'bad deal', says industry

Insolvency HMRC preference in insolvency cases a 'bad deal', says industry

2y Beth McLoughlin

HMRC preference in insolvency cases a 'bad deal', ...

Insolvency and restructuring trade body R3 and leading figures in the sector warn of the impact on lending the Government's Finance Bill will have as ...

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Disclosure requests from insolvency practitioners – not always a rock and a hard place

Insolvency Disclosure requests from insolvency practitioners – not always a rock and a hard place

2y Edward Starling and Lucy Phoenix

Disclosure requests from insolvency practitioners ...

Just how much information should an accountant disclose in the event that a company goes insolvent? Lucy Phoenix and Ed Starling, Wedlake Bell LLP cla...

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Late payments like "crack cocaine" for large businesses

Business Recovery Late payments like "crack cocaine" for large businesses

2y Tom Lemmon

Late payments like "crack cocaine" for large busin...

Large corporations are relying on late payments and governments must better understand the scale of the problem, says Duncan Swift, new president of R...

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Holland & Barrett shamed for poor supplier payment practices

Business Holland & Barrett shamed for poor supplier payment practices

2y Lucy Skoulding, Reporter

Holland & Barrett shamed for poor supplier payment...

The health food group has been called out for taking an average of 68 days to pay clients Read More...

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Crown preference – an unwelcome return

Insolvency Crown preference – an unwelcome return

2y Caroline Sumner

Crown preference – an unwelcome return

Caroline Sumner, education and technical director of R3, the insolvency and restructuring trade body, reveals why the reintroduction of Crown preferen...

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Checklist of steps to close a business and declare insolvency

Insolvency Checklist of steps to close a business and declare insolvency

2y Gareth Platt

Checklist of steps to close a business and declare...

Follow our checklist through all the steps of closing a business - solvent or insolvent Read More...

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Protecting taxes in insolvency – bad for business?

Insolvency Protecting taxes in insolvency – bad for business?

2y Stewart Perry, Restructuring and insolvency partner, Fieldfisher

Protecting taxes in insolvency – bad for business?

As government plans to give HMRC preferential creditor status in company insolvency proceedings become clearer, Stewart Perry*, restructuring and inso...

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How did fraud come about in the Patisserie Valerie case?

Insolvency How did fraud come about in the Patisserie Valerie case?

2y Lucy Skoulding, Reporter

How did fraud come about in the Patisserie Valerie...

Simon Bonney, partner and insolvency expert, said “It is difficult, given the extent of the fraud, that this isn’t something that could have been spot...

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