It’s a warm sunny morning and we are back in the corporate district of Manchester. The myriad of new shops and office blocks springing up along the city’s skyline mirror the growth and evolution of one of the UK’s most successful Insolvency Practices, nestled here amongst the busy streets of the country’s new “second city”.…
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The casual dining woes that have led to so many restaurants closing down look set to continue as the restaurant sector continues to struggle. One of the biggest recent casualties in the sector has been celebrity chef Jamie Oliver, who has suffered a big blow to his restaurant empire – 22 of his 25 UK…
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On 6th April, the minimum amount that employers must pay into their employees’ pensions increased to 3% of each individual’s salary. As a result of this change, many companies have seen their outgoings increase overnight. Employees’ minimum contributions have increased too, and this could see many workers opting out of the scheme – which would…
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If your company is struggling and you’re looking for ways to save it, you may feel tempted to put more of your own money into it. However, while this might seem like a logical solution to cash flow problems or debt issues, it can actually cause you more trouble in the long run. Putting your…
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As the UK retail industry continues to experience turmoil, and Brexit uncertainty grows, there’s been an increasing rise in the number of companies entering administration. In fact, insolvencies have now reached the highest levels seen in the last 5 years. The latest Insolvency Statistics have revealed that the first 3 months of 2019 saw 451…
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