Monthly UK insolvency statistics – September 2020
The Insolvency Service publish the sixth release in its monthly series to provide more up to date information on the number of companies and individuals who are unable to pay debts…
Harvester and All Bar One set to make extensive redundancies
The pubs and restaurants group, Mitchells and Butlers, has begun consultations regarding impending redundancies within the business. The company has faced major struggles at the hands of Covid-19 and thus…
The continuation of supplies during insolvency proceedings
Following the introduction of the Corporate Insolvency and Governance Act 2020, Guess writer, Caroline Clark of RMCSC considers the provisions of the Act that protect the supplies of goods and services…
Cineworld to close down entire business – 45,000 jobs to be lost
Cineworld has confirmed today that all of its screens in both the UK and US will close down, due to the ongoing effects of the Coronavirus pandemic, which has been…
Looking for employment during a crisis – tips and tricks
Searching for employment can be a challenging and tedious task at the best of times, never mind when you’re having to try and find a job in this current climate.…
Declaring bankruptcy in England and Wales if you live abroad
Can you declare bankruptcy in England or Wales if you live abroad? Our guest legal writer Julie Hunter of Stephensons Solicitors LLP explains how to declare bankruptcy in England or…
What is an Insolvency Practitioner?
Someone who is a licensed professional and whom is able to act in matters of both individual and company insolvency procedures, is known as an insolvency practitioner. Insolvency practitioner’s will…
Monthly UK insolvency statistics – August 2020
In response to the coronavirus (COVID-19) pandemic, the individual and company August 2020 insolvency statistics for England and Wales have been published by the Insolvency Service, together with related insolvency…
UK redundancies rise at fastest rate since 2009
It has recently been revealed that in the three months leading up to July, 156, 000 people were made redundant, which is the fastest quarterly increase since 2009. This means…
How do I resign as company director and remove myself from company records?
There is a myriad of reasons why you might want to resign from a limited company. You may have reached this decision due to your impending retirement, you may simply…