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Insolvency Rate Forecast 2023 in the United Kingdom
There is no getting away from the fact that it has been a difficult few years for businesses big and small. The pandemic, withdrawal of support and then the rise of energy prices have all been a perfect storm of trouble. As a result, it’s hardly a surprise that there are so many organisations that […]
April 6, 2023
Why UK Business Failures Are Predicted to Surpass 2009 Peak?
There is no doubt that the UK economy has fallen on hard times in recent years. This is due to several reasons, but large contributing factors are the pandemic and its subsequent impacts, paired with political unrest. As a direct result of this uncertainty, a lot of businesses have been forced to close. The number […]
March 21, 2023
Can the UK Government Afford to Increase Public Sector Pay?
The UK is an interesting place at the moment. Energy prices are rising, the cost of living is growing increasingly more expensive, and public sectors are sporadically going on strike, making organising plans a hassle and causing concern over health risks. These strikes have been met with a refusal from the government to improve the […]
March 9, 2023
Why did the UK Government announce Financial Services Reforms?
In December 2022, the UK government announced a package of reforms to financial services regulations in the UK. The Financial Services reforms have been made, pending legislation that will come into effect later in 2023. So far, people have just been guaranteed that more consultation on specific areas is to follow. The announcement came after […]
February 28, 2023
What Are the Consequences of Personal Insolvency in England and Wales?
Many people across the UK file for personal insolvency every year. People generally have different reasons why they need to file for bankruptcy, but if this is something you are considering, you will no doubt require further information. This article will discuss how to assess whether you should file for personal insolvency and the repercussions […]
February 7, 2023
DWP Court Case Legacy Benefits in the United Kingdom
In the early days of the pandemic, as the world came to grips with what was actually going to happen in terms of social life, family life and work, the government made adjustments in order to help people through such unprecedented circumstances. Whilst a lot of these were effective, there were also issues surrounding different […]
January 30, 2023
Financial Market Turmoil in the United Kingdom
Over the past few weeks and months, the UK has found itself in a relatively unstable position as government debt, pensions, and political instability has led to a large amount of volatility. This article is going to talk in more detail about what actually caused Financial Market Turmoil and whether or not the British public […]
January 23, 2023
East Midlands Directors Banned for Bounce Back Loan Abuse in the United Kingdom
There has been some controversy recently as two East Midlands bosses have been banned thanks to Bounce Back Loan abuse. This is because they have misused or falsely claimed a bounce-back loan throughout the covid pandemic, which amounted to £80,000. Bounce Back Loan Abuse 101 Before going any further, it is worth discussing what is […]
January 17, 2023
Top Reasons Why UKCloud Was Placed into Compulsory Liquidation?
In October 2022, the Public-sector cloud provider, UKCloud, was forced to enter into compulsory liquidation. What is Compulsory Liquidation? Compulsory liquidation is a process of insolvency where proceedings are initiated by somebody (usually a creditor) opting for the winding up of a company. Essentially, it means that the company has outstanding liabilities to the point […]
December 30, 2022
What UK Businesses Can Expect from the Cop27 Summit
As the Cop27 climate conference takes part in Egypt throughout November, there are a lot of businesses out there asking what it could mean for them. There are also questions surrounding what has changed since the Cop26 conference in Glasgow. Why Cop26 Was So Important One of the main things that came out of the […]
December 22, 2022
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