Industry at odds over potential insolvencies
Accounting Firms

Industry at odds over potential insolvencies

6y Tom Lemmon

Industry at odds over potential insolvencies

Predictions of 800,000 UK insolvencies requires “sense-checking” says RSM, but leading insolvency body say it depends on the length of the crisis Read...

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UK SMEs unprepared to apply for loans
Budget

UK SMEs unprepared to apply for loans

6y Jeremy Chan

UK SMEs unprepared to apply for loans

The government has announced businesses support measures to help keep companies afloat, but SMEs may have trouble accessing credit Read More...

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Governance and culture questions raised among insolvency practitioners
Insolvency

Governance and culture questions raised among insolvency practitioners

6y Kevin Reed

Governance and culture questions raised among inso...

Insolvency practitioners must tread a fine line in undertaking their role, and move onto how practices must get a grip on a permissive culture and loo...

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Pensions play a crucial role in insolvency
Pensions

Pensions play a crucial role in insolvency

6y Jeremy Chan

Pensions play a crucial role in insolvency

For firms in financial duress, employee pensions expenses can be fatal. Giving them a spot at the table may be a better option. Read More...

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Insolvency: Recognising the warning signs
Insolvency

Insolvency: Recognising the warning signs

7y Stephen Wainwright

Insolvency: Recognising the warning signs

There are a number of warning signs that a company is in financial distress and action is required, says Stephen Wainwright of Poppleton & Apple R...

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Personal insolvency rate continues to rise
Insolvency

Personal insolvency rate continues to rise

7y Chris Jewers

Personal insolvency rate continues to rise

The Quarter 2 figures show 30,936 individuals entered either bankruptcy (4,228), a debt relief order (6,752) or an individual voluntary arrangement or...

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Bookmakers close stores - what now?
Business

Bookmakers close stores - what now?

7y David Williams

Bookmakers close stores - what now?

Betting store closures may appear to paint a bleak picture of the future for bookmakers - but those who have prepared for a move to online will stay i...

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Personal insolvencies more common among woman, coastal dwellers and those in North East
Insolvency

Personal insolvencies more common among woman, coastal dwellers and those i...

7y Chris Jewers

Personal insolvencies more common among woman, coa...

Personal insolvencies are more common among woman, people who live by the sea or people living in the north east, according to 2018 statistics. Gender...

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HMRC preference in insolvency cases a 'bad deal', says industry
Insolvency

HMRC preference in insolvency cases a 'bad deal', says industry

7y Beth McLoughlin

HMRC preference in insolvency cases a 'bad deal', ...

Insolvency and restructuring trade body R3 and leading figures in the sector warn of the impact on lending the Government's Finance Bill will have as ...

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Disclosure requests from insolvency practitioners – not always a rock and a hard place
Insolvency

Disclosure requests from insolvency practitioners – not always a rock and a...

7y Edward Starling and Lucy Phoenix

Disclosure requests from insolvency practitioners ...

Just how much information should an accountant disclose in the event that a company goes insolvent? Lucy Phoenix and Ed Starling, Wedlake Bell LLP cla...

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Late payments like "crack cocaine" for large businesses
Business Recovery

Late payments like "crack cocaine" for large businesses

7y Tom Lemmon

Late payments like "crack cocaine" for large busin...

Large corporations are relying on late payments and governments must better understand the scale of the problem, says Duncan Swift, new president of R...

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Holland & Barrett shamed for poor supplier payment practices
Business

Holland & Barrett shamed for poor supplier payment practices

7y Accountancy Age

Holland & Barrett shamed for poor supplier payment...

The health food group has been called out for taking an average of 68 days to pay clients Read More...

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Crown preference – an unwelcome return
Insolvency

Crown preference – an unwelcome return

7y Caroline Sumner

Crown preference – an unwelcome return

Caroline Sumner, education and technical director of R3, the insolvency and restructuring trade body, reveals why the reintroduction of Crown preferen...

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Checklist of steps to close a business and declare insolvency
Insolvency

Checklist of steps to close a business and declare insolvency

7y Gareth Platt

Checklist of steps to close a business and declare...

Follow our checklist through all the steps of closing a business - solvent or insolvent Read More...

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Protecting taxes in insolvency – bad for business?
Insolvency

Protecting taxes in insolvency – bad for business?

7y Stewart Perry

Protecting taxes in insolvency – bad for business?

As government plans to give HMRC preferential creditor status in company insolvency proceedings become clearer, Stewart Perry*, restructuring and inso...

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How did fraud come about in the Patisserie Valerie case?
Insolvency

How did fraud come about in the Patisserie Valerie case?

7y Accountancy Age

How did fraud come about in the Patisserie Valerie...

Simon Bonney, partner and insolvency expert, said “It is difficult, given the extent of the fraud, that this isn’t something that could have been spot...

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Deloitte makes £15 million from Comet liquidation
Insolvency

Deloitte makes £15 million from Comet liquidation

7y Accountancy Age

Deloitte makes £15 million from Comet liquidation

This is despite the fact Deloitte are under investigation by the ICAEW for issues surrounding their handling of the insolvency Read More...

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Insolvency and ‘zombie businesses’
Insolvency

Insolvency and ‘zombie businesses’

7y Emanuela Hawker , Reporter

Insolvency and ‘zombie businesses’

What is a ‘zombie business’? And how did AIM-listed companies fare in 2018? Read More...

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What a no-deal Brexit would mean for insolvency
Insolvency

What a no-deal Brexit would mean for insolvency

7y Beth McLoughlin

What a no-deal Brexit would mean for insolvency

What will happen in the case of a no-deal Brexit with insolvency cases across the EU? Caroline Sumner, technical and education director at R3, has the...

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Distress for sectors reliant on housing market
Business

Distress for sectors reliant on housing market

7y Emanuela Hawker , Reporter

Distress for sectors reliant on housing market

Moore Stephens has reported that there has been a downturn in the UK housing market Read More...

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Fall in bank lending to SME construction business
Insolvency

Fall in bank lending to SME construction business

7y Emanuela Hawker , Reporter

Fall in bank lending to SME construction business

Following on from the Carillion collapse, SMEs continue to face the brunt of it as bank lending falls by another 7% this year Read More...

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Why is the UK behind on insolvency reform?
Insolvency

Why is the UK behind on insolvency reform?

7y Beth McLoughlin

Why is the UK behind on insolvency reform?

UK stays at 14th place in World Bank rankings for Resolving Insolvency amid calls for corporate insolvency reform Read More...

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More bad news for Debenhams
Business Recovery

More bad news for Debenhams

7y Emanuela Hawker , Reporter

More bad news for Debenhams

The retailer’s recent announcement that they are looking into closing up to 50 of their stores has sparked fresh discussion about the future of bricks...

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Insolvency and corporate governance
Business Recovery

Insolvency and corporate governance

7y Chris Laughton

Insolvency and corporate governance

Observations on the government consultation response of 26 August 2018 by Chris Laughton, a corporate advisory partner at Mercer & Hole Read More...

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FRC competence review leaves watchdog on tenterhooks
Audit

FRC competence review leaves watchdog on tenterhooks

8y Accountancy Age

FRC competence review leaves watchdog on tenterhoo...

The Financial Reporting Council faced serious criticism from shareholders, accountants, and fund managers following the accounting scandals of the las...

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FRC strikes out at PwC's BHS audit quality following leaked report
Audit

FRC strikes out at PwC's BHS audit quality following leaked report

8y Accountancy Age

FRC strikes out at PwC's BHS audit quality followi...

The Financial Reporting Council has called PwC's audits of the collapsed BHS "inaccurate, and misleading" Read More...

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Impact of Brexit on restructuring and insolvency
Business Recovery

Impact of Brexit on restructuring and insolvency

8y Accountancy Age

Impact of Brexit on restructuring and insolvency

What impact will Brexit have on current insolvency legislation, the UK insolvency sector and cross-border insolvency proceedings? Read More...

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