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Should you fear company liquidation on Friday the 13th?

Should you fear company liquidation on Friday the 13th?

November 2015 is the last Friday the 13th for six months – so is this good news in terms of your risk of company liquidation? It might sound silly but, even if you’re not superstitious, your business could be harmed on red-letter dates like Friday the 13th...
Unchanged bank rate keeps insolvency advice industry on standby

Unchanged bank rate keeps insolvency advice industry on standby

The Monetary Policy Committee has maintained the Bank of England base rate at 0.5% yet again, keeping the insolvency advice industry on tenterhooks as economists increasingly anticipate a rise. Last week we reported how the historically low base rate – and the...
Static base rate drives elderly to insolvency advice

Static base rate drives elderly to insolvency advice

Personal insolvency advice has become a necessity for many Britons who should be enjoying a happy retirement while living off of the income generated by their life savings. With the base rate at a long-term low of 0.5%, many savers are still receiving little to no...
Company insolvency improvements mean fewer insurance claims

Company insolvency improvements mean fewer insurance claims

While the total trade credit insurance market has grown in value, improvements to the company insolvency rate mean fewer claims have been made in recent months, according to the Association of British Insurers. The ABI reports that nearly 10,600 trade credit insurance...

Lotus F1 woes continue after recent corporate recovery

The Lotus F1 team may have survived a recent winding-up petition, but their corporate recovery appears to be far from over. Just weeks ago, they were forced to battle a petition to have the team wound up, which was lodged in London by one of their parts suppliers. Now...
Could better finance aid corporate recovery and end late payment?

Could better finance aid corporate recovery and end late payment?

Wider availability of trade finance could have multiple benefits, including making corporate recovery easier for many firms, and bringing late payment to an end. According to a report from ACCA, the Association of Chartered Certified Accountants, late payment is an...