Personal insolvency rate continues to rise
Insolvency

Personal insolvency rate continues to rise

5y 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?

5y 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 i...

5y 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

5y 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...

5y Edward Starling and Lucy Phoen...

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

5y 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

5y Accountancy Age

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

5y 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

5y 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?

5y 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?

5y Accountancy Age

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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Deloitte makes £15 million from Comet liquidation
Insolvency

Deloitte makes £15 million from Comet liquidation

5y Accountancy Age

Deloitte makes £15 million from Comet liquidation

This is despite the fact Deloitte are under investigation by the ICAEW for issues surrounding their handling of the insolvency Read More...

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Insolvency and ‘zombie businesses’
Insolvency

Insolvency and ‘zombie businesses’

5y Emanuela Hawker , Reporter

Insolvency and ‘zombie businesses’

What is a ‘zombie business’? And how did AIM-listed companies fare in 2018? Read More...

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What a no-deal Brexit would mean for insolvency
Insolvency

What a no-deal Brexit would mean for insolvency

5y Beth McLoughlin

What a no-deal Brexit would mean for insolvency

What will happen in the case of a no-deal Brexit with insolvency cases across the EU? Caroline Sumner, technical and education director at R3, has the...

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Distress for sectors reliant on housing market
Business

Distress for sectors reliant on housing market

5y Emanuela Hawker , Reporter

Distress for sectors reliant on housing market

Moore Stephens has reported that there has been a downturn in the UK housing market Read More...

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Fall in bank lending to SME construction business
Insolvency

Fall in bank lending to SME construction business

5y Emanuela Hawker , Reporter

Fall in bank lending to SME construction business

Following on from the Carillion collapse, SMEs continue to face the brunt of it as bank lending falls by another 7% this year Read More...

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Why is the UK behind on insolvency reform?
Insolvency

Why is the UK behind on insolvency reform?

5y Beth McLoughlin

Why is the UK behind on insolvency reform?

UK stays at 14th place in World Bank rankings for Resolving Insolvency amid calls for corporate insolvency reform Read More...

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More bad news for Debenhams
Business Recovery

More bad news for Debenhams

5y Emanuela Hawker , Reporter

More bad news for Debenhams

The retailer’s recent announcement that they are looking into closing up to 50 of their stores has sparked fresh discussion about the future of bricks...

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Insolvency and corporate governance
Business Recovery

Insolvency and corporate governance

5y Chris Laughton

Insolvency and corporate governance

Observations on the government consultation response of 26 August 2018 by Chris Laughton, a corporate advisory partner at Mercer & Hole Read More...

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FRC competence review leaves watchdog on tenterhooks
Audit

FRC competence review leaves watchdog on tenterhooks

6y Accountancy Age

FRC competence review leaves watchdog on tenterhoo...

The Financial Reporting Council faced serious criticism from shareholders, accountants, and fund managers following the accounting scandals of the las...

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FRC strikes out at PwC's BHS audit quality following leaked report
Audit

FRC strikes out at PwC's BHS audit quality following leaked report

6y Accountancy Age

FRC strikes out at PwC's BHS audit quality followi...

The Financial Reporting Council has called PwC's audits of the collapsed BHS "inaccurate, and misleading" Read More...

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Impact of Brexit on restructuring and insolvency
Business Recovery

Impact of Brexit on restructuring and insolvency

6y Accountancy Age

Impact of Brexit on restructuring and insolvency

What impact will Brexit have on current insolvency legislation, the UK insolvency sector and cross-border insolvency proceedings? Read More...

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Monthly news roundup with Lucy Skoulding
Audit

Monthly news roundup with Lucy Skoulding

6y Accountancy Age

Monthly news roundup with Lucy Skoulding

Accountancy Age's Lucy Skoulding provides a roundup of all the key new stories in the accountancy industry from the month of July Read More...

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EY set to administer potential House of Fraser collapse
Big Four

EY set to administer potential House of Fraser collapse

6y Accountancy Age

EY set to administer potential House of Fraser col...

The high street store faces failure after the Chinese owner of Hamleys pulls out of its £70m investment promise Read More...

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Deloitte to manage Gaucho administration with hundreds of jobs at stake
Big Four

Deloitte to manage Gaucho administration with hundreds of jobs at stake

6y Accountancy Age

Deloitte to manage Gaucho administration with hund...

Over 500 jobs already lost as Big Four firm moves its focus from Poundworld to the Gaucho group Read More...

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FRC to investigate KPMG’s Conviviality audit
Audit

FRC to investigate KPMG’s Conviviality audit

6y Accountancy Age

FRC to investigate KPMG’s Conviviality audit

The FRC is investigating KPMG over its 2017 audit of Conviviality, which went into administation in April after finding an unexpected tax bill of £30m...

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PwC to net £50m from Carillion insolvency
Accounting Firms

PwC to net £50m from Carillion insolvency

6y Accountancy Age

PwC to net £50m from Carillion insolvency

The NAO report revealed that Carillion's insolvency will cost the taxpayer £148m while PwC will net £50m, a figure that has been questioned by MPs Rac...

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