Insolvencies have risen by 27% since last month The number of registered company insolvencies in March 2022 was 2,114: More than double the number registered in the same month in the previous year (999 in March 2021), and 34% higher...
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In response to increasing scrutiny and at times negative media surrounding the role, regulation and cost of using insolvency practitioners, R3 have put together a report outlining the role of insolvency practitioners as well as some more detail on...
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Insolvencies are higher than pre-pandemic levels The number of registered company insolvencies in February 2022 was 1,515: More than double the number registered in the same month in the previous year (685 in February 2021), and 13%...
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As the last of the COVID Restrictions are lifted , viable businesses should be allowed, where possible and with the support of their creditors, to reshape, continue profitable relationships, retain and recruit staff and generally keep the economy...
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Insolvencies are higher than pre-pandemic levels The number of registered company insolvencies in January 2022 was 1, 560 which is: More than double the number registered in the same month in the previous year (758 in January 2021), and...
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Director Muneed Ihsan, 26, from Rotherham, fraudulently obtained £150,000 worth of Covid-19 financial assistance along with friend who also took £50,000. Ihsan was the director of three companies between 2019 and 2020. All three, Porthart...
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It’s often the case that January is written off, what with the recovery from the pre-Christmas rush and the subsequent focus on the end of January deadlines for tax returns. But spending some time making sure that you are “business fit” will...
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Insolvencies are higher than pre-pandemic levels The number of registered company insolvencies in December 2021 was 1,486, which is: 20% higher than the number registered in the same month in the previous year (1,237 in December 2020),...
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Insolvencies are higher than pre-pandemic levels for the first time. For the first time since the start of the coronavirus (COVID-19) pandemic, the monthly number of registered company insolvencies was higher than pre-pandemic levels. This was...
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Many businesses have been unable to pay the rent on their commercial premises due to closures and a cessation of normal business operations during the pandemic. New laws and a Code of Practice are now being introduced to resolve these commercial...
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