Defrauded – Who Can I Turn To?
Fraud is on the up, but probably not as you might expect, as recent reports indicate that the main culprits appear to be those who hold Power of Attorney over…
Unlocking funding for ailing businesses
The British Business Bank, a part of HM Government which offers funding to businesses to “Start-Up” or “Scale Up” or “Stay Ahead” has announced that it has provided a £100m…
Midlands insolvency professionals save almost two in five regional businesses, says R3
Almost two in five (38 per cent) insolvent companies across the Midlands have been rescued with the help of the region’s insolvency professionals. This is according to a new report…
British Construction Output Falls
In August British construction output fell for a second straight month at its sharpest rate since late 2012 official data has shown. Construction accounts for around 6 percent of UK…
Will the New National Living Wage Restrict Business Growth?
A new National Living Wage for the over-25s, of £7.20 per hour, will be introduced from April 2016 and it is expected that this will rise to £9 per hour…
Greater transparency requirements for Insolvency Practitioners
In 2013, a review of UK insolvency law by Elaine Kempson (of Bristol University) identified that the routine practice amongst Insolvency Practitioners (IP’s) to charge by the hour without providing…