Blog Articles

INCREASING NUMBERS OF BUSINESS FAILURES AND PERSONAL INSOLVENCIES REPORTED IN MARCH

In recent months, we, and other insolvency professionals, have expressed concern about the rising number of insolvencies registered each month. Although the pressures facing both business and personal finances were predictable, the scale of the problem was not...

WHERE NOW FOR COMPANIES, BUSINESSES AND INDIVIDUALS OVER THE COMING MONTHS?

Our March Newsletter commented on the increasing number of both corporate and personal insolvencies registered as Covid19 restrictions were eased and government funded support was withdrawn. These issues were known and predictable. However, few foresaw the huge...

Increasing Financial Pressure

COMPANIES AND INDIVIDUALS FACING INCREASING FINANCIAL PRESSURE As Covid 19 restrictions have been largely lifted in England & Wales, the numbers of insolvency cases affecting companies and individuals continues to rise. Reported company insolvencies in February 2022...

Effect of Covid on Small Businesses – Increased Financial Pressure?

Whilst we await the effect of impending changes to the way we live after 19 July, the Bank of England Report issued this morning stresses there will still be a need to offer support after Covid support is wound down, especially as the current wave continues to spread....