21st June 2018

House of Fraser Latest Retailer to Seek CVA Protection

Earlier this month, House of Fraser joined a growing list of British retailers and restaurant chains turning to a Company Voluntary Arrangement (CVA) to manage their debts. A CVA is a type of insolvency process […]
14th June 2018
Wages rise faster than prices

Wages rise faster than prices

A year-long squeeze on Britain’s pay looks to be over, after wages rose by an annual rate of 2.9% in the first three months of 2018. Over the same three month period, inflation only increased […]
30th May 2018
How to deal with money worries

How to deal with money worries

A recent survey by the Metro newspaper found that more than three quarters of us are stressed about money. But talking about financial worries is still a taboo for many people. The survey found that […]
23rd May 2018
Carillion driven off cliff by greedy directors

Carillion driven off cliff by greedy directors

MPs have blamed Carillion’s directors for the construction and outsourcing company’s collapse, which left thousands of sub-contractors in serious financial difficulty. Two committee’s of MPs criticised the firm’s “rotten corporate culture” suggesting that their downfall […]
22nd May 2018
Minute’s silence to mark Manchester Attack one year ago

Minute’s silence to mark Manchester Attack one year ago

A minute’s silence will be held at Umbrella today at 2:30pm in remembrance of those who lost their lives and all others that were affected by the Manchester Concert Attack, one year ago. As a […]
10th May 2018
Accountants, IFAs, Solicitors and Finance Brokers - are any of your clients teetering on the edge of insolvency?

Are you looking to refer a client to a licensed insolvency practitioner?

Accountants, IFAs, Solicitors and Finance Brokers – are any of your clients teetering on the edge of insolvency? Perhaps they are struggling with cashflow, or just want to know how they can voluntarily wind up […]
16th April 2018
Banks: Household credit ‘significantly’ reduces

Banks: Household credit ‘significantly’ reduces

Lenders have significantly reduced the availability of non-mortgage credit to households in the first three months of 2018, according to a survey from the Bank of England. A Bank of England survey of banks and […]
16th April 2018

Watch out for this Insolvency Service call scam

The Insolvency Service is warning members of the public not to fall for a telephone scam which prompts people to make unnecessary and unscheduled calls to the Insolvency Service. Unsuspecting callers will be hit with […]
29th March 2018

Boardroom bans for BHS directors, but not Phillip Green

Dominic Chappell and three other former BHS directors face lengthy boardroom bans following a Government inquiry into the 2016 collapse of the retailer, which had a large pension deficit. Chappell, who bought the company for […]
28th March 2018
Business Debt HMRC

HMRC attempts to close down small businesses at five year high

New research shows that HMRC is clamping down on businesses that don’t pay their taxes, as the number of winding up petitions brought to small businesses hits a five year high. Figures compiled by Funding […]