Rising insolvencies have driven a surge in professional indemnity claims against accountants November 23, 2023 Professional indemnity claims have risen as accountants are placed into the firing line in insolvency cases.
Hunt lays out plans for sweeping pension consolidation to unlock start-up cash November 22, 2023 The Chancellor Jeremy Hunt has laid out plans to consolidate the fragmented pension market in the UK riday in a bid to channel potentially billions of pounds of capital into start-ups and listed companies.
Begbies predicts double-digit growth as insolvencies rise November 20, 2023 Begbies Traynor Group predicted double digit growth in both revenue and profitability, as the number of insolvencies continues to rise on tough market conditions. The company has not published any financial results but states it expects its revenue and adjusted operating profit to increase by 13 per cent. Last year, the company reported £58.5m in [...]
Hospitality sector sees ‘worrying’ year as pub insolvencies jump 66 per cent November 20, 2023 The number of pub and bar insolvencies in the last year rose from 438 to 725, a "worrying sign," some industry officials say.
FRP Advisory reports ‘strong’ trading as company administrations jump November 17, 2023 FRP, one of the country's leading restructuring firms, said today it expected to report revenue growth of 19 per cent for its half year.
I’m A Celeb star Nigel Farage had failed London company before politics November 15, 2023 Nigel Farage is joining the I'm A Celebrity Get me Out of Here jungle
Insolvencies jump 18 per cent in October as high rates squeeze firms November 14, 2023 The number of firms going bust in England and Wales has jumped yet again as the higher-for-longer interest rate environment continues to put pressure on businesses and consumers.
Oaknorth founder accuses lenders of underserving SMEs for years November 7, 2023 Oaknorth is offering to help scale-up businesses that are being overlooked and underserved by big banks
Renting a Wework office? Here’s what happens next November 7, 2023 If Wework did go under in the UK, it wouldn't be all doom and gloom for the wider market, experts say
City regulators lay out plans for stablecoin rules in ‘global crypto hub’ push November 6, 2023 The City watchdogs have laid out sweeping plans to bring so-called stablecoins into regulation today as the UK pushes ahead with its effort to become a "global hub" for crypto.