business recovery blog

Company Insolvency levels Q2 2018

The recent statistics for personal insolvency rates showed a notable upturn in formal insolvency – an increase of 4.4% on the previous quarter and a striking 27.3% compared to Q2 2017. But what about companies?  Here the picture is mixed: down 12.4% on the previous...

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House of Fraser adds to high street woes

The mood on the British high street appears to be lower by the day. Department store chain House of Fraser has outlined plans today to shut 31 sites across the UK in a move which places thousands of jobs at risk. The retailer has filed proposals for company voluntary...

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Insolvencies on the rise

The latest figures from the government’s Insolvency Service show significant year- on – year rises for both personal and corporate insolvencies. Personal insolvencies have hit a near six-year high The report highlighted there were 27,388 individual insolvencies in the...

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Freelancers facing Tax avoidance bankruptcy

Tens of thousands of freelance workers accused of tax avoidance say they are facing bankruptcy as the taxman demands sums as high as £900,000. Her Majesty’s Revenue & Customs (HMRC) is seeking money owed by almost 100,000 contractors who used “disguised remuneration”...

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Call our Licensed Insolvency Practitioners

Stephen Hobson – 07979 507954
Lucinda Coleman – 07730 096776
Nick Harris – 07458 064084

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