The End of Protection from Insolvency Pressure is in Sight… For Some.
The Insolvency Service has announced that the temporary insolvency protection measures, specifically the restriction on liquidation…
Showing 19 articles
COVID19 Support for Businesses: Update Following National Lockdown
The Chancellor, Rishi Sunak, has announced a new grant package of £4.6 billion to support the hardest hit businesses through the new…
What a year! Please don’t let the Grinch steal Christmas Gifts too!
What a year! All of us have been living under unprecedented restrictions on our lives this year, missing loved ones and all the usual…
Fresh Support for Businesses as Level 4 Restrictions Imposed on parts of Scotland
Today, Scotland's First Minister Nicola Sturgeon has announced that eleven local authorities will move to a stricter level four tier from…
More details on the Scottish Government’s Support for Business Funds
Following on from our Article ‘Chancellor Announces fresh support for Businesses if they are told to Shut down’ posted on 9 October 2020,…
Chancellor Announces fresh support for Businesses if they are told to Shut down
On Friday 9 October 2020, the Chancellor Rishi Sunak announced further support for jobs and businesses, including an extension to the Job…
The Finance Act 2020: Director’s Liability
Director’s Potential Personal Liability for the tax debts of an Insolvent Company.
In the 2nd of our 2 articles on this, we are focussing…
The Finance Act 2020: HMRC's New Creditor Status
Will HMRC’s new preferential creditor status reduce the availability of lending and successful restructuring?
The highly anticipated and…
A Sting in the Tail for Directors – The Return of Wrongful Trading
The Chancellor of the Exchequer came to the House of Commons yesterday to announce significant changes to the support offered to business…
Chancellor Announces an Extension of Support for Businesses
Coronavirus Update – Business Support
In addition to his announcement on the Job Support Scheme and the imminent deadline of the CBILS…
New Law can Force Suppliers to Continue Supplying Insolvent Companies.
The Corporate Insolvency and Governance Act 2020 came into force on 26th June 2020 and amongst other changes, it now prevents suppliers…
Chancellor’s update to the Self-Employment Income Support Scheme.
On Friday, 29th May, the Chancellor Rishi Sunak has announced an extension to the Self-Employment Income Support Scheme. Here are the main…
The Corporate Insolvency and Governance Bill 2020 – Breathing Space for Companies and Directors?
The Corporate Insolvency and Governance Bill 2020 was laid before Parliament yesterday and is expected to be passed shortly after the…
Why Coronavirus will not mean the end of High Street UK.
Undoubtedly, the Coronavirus pandemic has had a considerable impact on consumer behaviour, with many turning far more to online shopping…
Coronavirus “Bounce Back” Loan Scheme
In response to criticism from businesses that the administration of the CBILS scheme has been too slow to meet their urgent need for…
Cath Kidston: What Went Wrong?
Cath Kidston, the British brand famous for its floral designs, filed a notice of intention to appoint administrators on 3 April 2020. …
Did Flybe’s Underlying Financial Health Condition leave it more vulnerable to Coronavirus?
Despite the seemingly positive outlook for Flybe in my earlier article, it is saddening, but not surprising, to now have to report on the…
A bumpy landing for Flybe?
Flybe isn’t exactly like other airlines. It was founded in 1979 with the idea of connecting the island of Jersey to major airports within…
Company Voluntary Arrangements: Retail Hero or False Dawn
The use of Company Voluntary Arrangements (CVAs) within the retail and restaurant sectors has grown in frequency in recent times.
A CVA…