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Charities urged to seek insolvency advice early

Charities facing financial difficulties have been told to seek insolvency advice early in order to achieve the best outcomes for their beneficiaries. After a number of high-profile charity collapses, the Charity Commission undertook a review of financial resilience in...

BHS retail’s second-largest company insolvency

BHS is the second-largest company insolvency to hit the retail sector since the onset of the recession, according to the latest Who’s Gone Bust? report from the Centre for Retail Research. In the whole of 2015 there were 25 significant company insolvencies in...
Romania expelled from Eurovision amid corporate insolvency concerns

Romania expelled from Eurovision amid corporate insolvency concerns

Romania has been banned from competing in the upcoming Eurovision Song Contest amid concerns that its national broadcaster TVR could face corporate insolvency proceedings. The broadcaster has been in debt to the European Broadcasting Union since the beginning of 2007,...
One In Five May Benefit From Personal Insolvency Advice

One In Five May Benefit From Personal Insolvency Advice

Up to a fifth of individuals might benefit from personal insolvency advice, as research reveals that is the proportion of UK adults who run into several financial problems in their household budgets. According to R3, the Association of Business Recovery Professionals,...

Seeking early insolvency advice under ‘bizarre’ FCA rules

It is still as important as ever to seek early insolvency advice, in order to try and avoid entering into formal insolvency proceedings – even though new FCA rules have complicated matters for the advisors who try to help you. R3 has expressed its disappointment...