Treasury warned over plans to prioritise HMRC in company insolvencies 13th September 2019. Accountancy, investment and legal trade groups have written to the Chancellor Sajid Javid to argue that Treasury plans to prioritise debt repayments – called the Crown preference

Pre-pack regulator ignored 10th September 2019. The regulator set up to review pre-pack administrations has seen the number of referrals coming to it fall by 10%. The Pre-Pack Pool should be examining the sale of companies to connected parties through

Global insolvencies ‘rising faster than expected’ 28th August 2019. If you export you will be concerned to learn that global insolvencies are rising faster than expected. Most UK SMEs are aware of issues in the UK linked to low growth,

Housebuilder enters administration 20th August 2019. Housebuilder Newcourt Residential has collapsed into administration, with FRP Advisory, which is handling the administration, saying the company faced “severe cash flow issues” after a challenging period of trading. The news highlights how smaller

Long payment terms in retail are unsustainable. 16th August 2019. Long payment terms in retail are notorious and regularly criticised by those in and outside the industry. A few months ago, Holland & Barrett became the first company to be