Half-a-million UK firms ‘financially distressed’ and thousands face insolvency as they ‘pin hopes’ on rate cuts April 26, 2024 Nearly half a million UK businesses continue to face 'financial distress,' new research finds, with tens of thousands facing the possibility of insolvency within the next 12 months.
Red card: Former England and Liverpool footballer John Barnes banned as a company director April 24, 2024 John Barnes, the former England and Liverpool footballer, has been banned as a company director after his business failed to pay tens of thousands of pounds in tax.
Redmayne Bentley to acquire clients from Everton FC broker Blankstone Sington as special administration continues April 23, 2024 The private client business of wealth management company Blankstone Sington, which has been in special administration since October 2023, is to be acquired by Redmayne Bentley.
Ferrexpo hit by conscriptions into Ukraine army but production spikes April 23, 2024 Ferrexpo has said its workforce remains gutted by Ukrainian conscription.
AIM delistings jump 62 per cent as London’s small cap market suffers April 22, 2024 The number of companies delisting from London's Alternative Investment Market (AIM) has soared past pandemic-era highs.
Getir departure from UK market could put 1,500 jobs at risk April 21, 2024 Grocery delivery firm Getir is reportedly considering leaving the UK, putting as many as 1,500 jobs at risk.
Insolvency expert Manolete Partners reports revenue growth as higher interest rates bite April 18, 2024 Manolete Partners, the insolvency litigation financing company, overall revenue jumped by 26 per cent, as the business benefits from uplift of the temporary suppression of insolvencies.
Ferrexpo finally reveals financial results despite ongoing lawsuits April 18, 2024 Embattled iron pellet producer Ferrexpo has finally revealed its 2023 financial results after delaying them due to legal action against it.
Sanjeev Gupta’s GFG Alliance still owes Greensill Capital nearly £500m April 17, 2024 The administrators for Greensill Capital are still owed around $587.2m (£472m) from Sanjeev Gupta’s GFG Alliance, it has been revealed.
SYK Recruitment Specialists among the 400+ recruitment agencies that went bust last year April 16, 2024 Insolvencies of UK recruitment agencies have increased by 14 per cent in the last year to 413, as the sector struggles with the slowdown in the hiring market across the country.