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Football League clubs have agreed changes to the League’s Insolvency Policy aimed at promoting a ‘rescue culture’ that gives clubs facing insolvency the best chance

As I am sure you are aware on Tuesday Evening Greece defaulted as it was unable to repay €1.6bn due to the International Monetary Fund.

More than 600,000 new businesses are set to launch this year, as the Government’s Startup Britain campaign takes to the road. There were 581,000 new

Recent findings by the global information services company – Experian – has revealed that social renters (those who rent a property from a Local Council

Recent research has demonstrated that a worrying consequence of a 1% rise in interest rates would be that well over 6 million people would quickly

Many small business owners are facing pressure on their finances as a result of late payments. Research conducted by Sage, the accounting and payroll corporation,

In the first quarter of 2015, the number of county court judgments (CCJs) against consumers in England and Wales increased, compared to last year, by

Since April 2012 every PAYE scheme registered with HM Revenue & Customs will have been assigned what is called a Staging Date by the Pensions

The Governments “Red Tape Challenge” has started to produce some sensible results in dealing with an excess of unnecessary bureaucracy. There are going to be

The UK’s growth rate halved to 0.3% in the first quarter of 2015. One industry that has been hit particularly hard was that of manufacturing,

It has recently been reported that the number of individuals entering a form of insolvency in England and Wales has fallen to its lowest level

Further to our recent news post regarding Moopay Limited in Liquidation and Mintpal Limited in Provisional Liquidation, we can confirm that on 27 April 2015

Around 40% of homeowners with mortgages could struggle to move because they would not qualify for a new loan. The growing band of potential “mortgage

Further to our recent news post regarding Moopay Limited in Liquidation, on 15 April 2015 Liam Short and Graham Wolloff of this firm were appointed

Should the worst happen and your company suddenly become exposed to a significant unforeseen bad debt, are you adequately prepared? All businesses, irrespective of their

There is a new buzzword in the land of pensions…the ‘Lamborghini’ pension. This has been brought about by the Government’s reforms of the draw-down rules

Moopay was set up in 2014 to operate a cryptocurrency trading platform but it went into liquidation later that year amid a great deal of

The Government has set out new rules requiring insolvency practitioners to provide creditors with an upfront fee estimate when charging on a time costs basis.

The trade body for the insolvency profession, R3, has recently launched a website intended to help creditors to better understand and engage with the insolvency

At their March meeting, the Bank of England declared that interest rates would remain at their record low level of 0.5%. They have now remained

Recent reports have exposed the risk of insolvency to Small and Medium Enterprise (SME) food and drink suppliers – including farmers – as a result

You may be aware of a story circulating in the press last week that suggested people should get a written receipt for all transactions. This

At the end of 2014, EU ministers proposed a new insolvency regulation that would introduce a more ‘rescue orientated’ approach to cross-border insolvencies. However, the

The Independent newspaper recently reported that last year, the Financial Conduct Authority (“FCA”) adopted responsibility for regulating crowdfunding platforms. Crowdfunding platforms allow investors to provide

Our previous City Link article highlights, in the main, the perceived poor treatment of many a business’s best asset…its workforce. Emotions naturally run high when

The government has revised thresholds relating to the level of debt required to petition for an individual’s bankruptcy and the qualification criteria to be considered