Who advises the advisers?

Who advises the advisers?

Office life in city centres is likely to be quieter in August,  even in those firms where staff don’t come in every day. But while many left town for good after Covid, surprised by how easy it had been to operate remotely, those based on daily relationships and...
Zombie Apocalypse

Zombie Apocalypse

The day of reckoning looms for The Walking Dead. In December 2021 our newsletter highlighted the huge rise in ‘zombie companies’, businesses that had been artificially propped up by Covid loans and relatively low interest rates on their core borrowings. Many of these...
Fail to address high fixed costs and suffer at leisure

Fail to address high fixed costs and suffer at leisure

Recent days have seen the fall into administration of a Cornwall theme park, a Hampshire golf club and an independent cinema chain. They are the tip of the iceberg of UK leisure businesses, none particularly well known, facing an existential squeeze in revenue from...
Locking Away the Director’s Chair

Locking Away the Director’s Chair

The 11-year Director’s Disqualification for the former CFO of construction giant Carillion, which collapsed in 2018, is an extreme example of the Insolvency Service’s appetite for taking action against errant bosses. On a scale of two years to a maximum 15, the...