Out of the ashes – or back into the fire?

Out of the ashes – or back into the fire?

by | Jun 18, 2024 | News

There is life after insolvency for some businesses – as distinct from the companies containing them – but directors continuing to trade in effectively the same way yet in a different guise must tread very carefully. ‘Phoenixing’, after the mythical bird rising from...
End of term highlights university cash woes

End of term highlights university cash woes

by | Jun 11, 2024 | News

While many university students will be celebrating exam results in the coming weeks, more than a few seats of learning face ending the academic year in a parlous financial state with a very uncertain future. Saddled with debt and competing unrealistically for bright...
Road remains bumpy for UK truckers

Road remains bumpy for UK truckers

by | Jun 4, 2024 | News

The UK’s haulage and logistics sector seems to have its foot on the accelerator – towards insolvency. While many operators are no doubt bucking the trend, a pile-up of commercial transport businesses in trouble over recent weeks has brought into sharp focus the...
Mercian opts to dismount as bike sales slow

Mercian opts to dismount as bike sales slow

by | May 28, 2024 | News

The Bank Holiday weekend will almost certainly have seen a spike in sightings of the MAMIL – Middle Aged Man in Lycra. Often heading a queue of overtaking traffic at weekends, these cyclists clad in spray-on ‘technical’ apparel breathed new life into 21st century bike...
May 2024 Newsletter: Trust me, I’m a crypto dealer

May 2024 Newsletter: Trust me, I’m a crypto dealer

by | May 20, 2024 | News

Cryptocurrency ‘academy’ Amey Finance has been closed by the Insolvency Service, which claimed founder Desmond Amey used it to “recklessly persuade” people to partake in loss-making investment schemes, including an alleged $1.7 billion crypto “Ponzi”. Communications...