Directors’ bans still led by Covid loan abuse

Directors’ bans still led by Covid loan abuse

by | Apr 15, 2025 | News

The Insolvency Service disqualified more than 1,000 directors in 2024-25, according to its latest report on enforcement outcomes. Of the 1,036 sanctioned, 736 were banned for Covid loan abuse. The average length of a ban was eight years, on a scale of two to 13 years....
Bronzewood Capital backs acquisition of Fairline Yachts

Bronzewood Capital backs acquisition of Fairline Yachts

by | Apr 14, 2025 | News

Bronzewood Capital, the private equity investor focused on UK mid-market turnaround situations with asset backing, is pleased to announce its first transaction, one month after launch. The firm is backing Fairline Holdco Limited in acquiring the business and assets of...
Dundee’s near-death rocks stricken universities

Dundee’s near-death rocks stricken universities

by | Apr 9, 2025 | News

The cash crisis pushing Dundee University to the brink of collapse is a familiar tale of woe in UK Higher Education these days. An ‘expert taskforce’ and £22m of Scottish government support may have hauled Dundee back from the edge, but other institutions won’t be so...
SEND tipping teetering councils over the edge

SEND tipping teetering councils over the edge

by | Apr 1, 2025 | News

This week, after the customary two months of respite, the first of ten Council Tax instalments will once again be debited from household bank accounts. For most, they will have risen sharply, as the financial crisis that has left many local authorities close to bust...
Letter from London: Spring Statement

Letter from London: Spring Statement

by | Mar 26, 2025 | News

Time will tell whether this week’s spring statement enables Chancellor of the Exchequer, Rachel Reeves, successfully to reset the UK government’s economic strategy. Few commentators predicted the torrid baptism of fire that has beset the Labour administration after it...