News
Letter from London: Spring Statement
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...
Staff cost hikes set to demolish builders
Construction companies continue to top the insolvency tables month-on-month, but a new report by sector experts predicts a new spike prompted by imminent hikes in National Insurance (NI) and minimum wage costs. Turner & Townsend’s (T&T) UK Market...
March 2025 Newsletter – SME funding review must recognise payments crisis
Another government review aimed at helping stricken Small & Medium Enterprises (SMEs). This time, the Department for Business and Trade has spotted a debt crisis for smaller firms and is calling for them to share their experiences of accessing finance in the UK as...
Tried and Tested: Recipes You’ll Love – Boiled Ham with Cabbage and Parsley Sauce
A Taste of St Patrick’s Day St Patrick’s Day is just around the corner, and what better way to celebrate than with a hearty, traditional Irish meal? This month’s surprise recipe comes from our Restructuring Manager, James Bryan, who has Irish roots and has fond...
Opera, Football and Financial Restructuring with David Buchler
Few individuals have careers spanning the worlds of business, sport and music. Even fewer have travelled a journey as exciting and varied as that of our chairman, David Buchler. Those of us who know David well and have worked with him over much of that journey often...
David Buchler recognised for Outstanding Contribution to insolvency profession
Hot on the heels of celebrating 50 years as a Chartered Accountant and reflecting with industry friends on an illustrious career to date, our chairman David Buchler has won a prestigious award from the Insolvency Practitioners Association (IPA) for his Outstanding...
Buchler Phillips launches private equity venture Bronzewood Capital
Buchler Phillips, the UK independent advisory boutique specialising in corporate recovery, turnaround, restructuring and insolvency, is pleased to announce the launch of its new private equity investment arm, Bronzewood Capital (Bronzewood). Bronzewood aims to pursue...
Retailers batten down the hatches for storm ahead
There is no sign of the post-Covid bloodbath on the High Street ending anytime soon. That’s certainly the view of UK retailers as they scale back investment plans, faced with the very real prospect of administration. The Confederation of British Industry (CBI) reveals...
Tried and Tested: Recipes You’ll Love – Thai Soup & Sweet and Sour Tofu
Ashleigh's Vegan Adventure: Thai Red Curry Butternut Squash Soup and Sweet & Sour Tofu This month, we're serving up not one, but two delicious vegan recipes courtesy of our Chairman's PA, Ashleigh Price. Ashleigh isn't vegan herself, but she decided to embrace...
Buchler Phillips Hospitality Index – UK hospitality collapses remain high after 3,464 hit wall in 2024
The number of hospitality businesses entering insolvency eased slightly in 2024, yet remained historically high, reflecting challenging trading conditions for the industry. Some 3,464 accommodation and food service companies, including hotels, restaurants and pubs,...
Three Kings, Fifty Years and One Big Cake
The English National Opera at the Coliseum is no stranger to the UK’s leaders, captains of industry and those at the top of their respective trees. Sometimes they attend to be seen, to network with other bigwigs or even just to enjoy an evening of great music. The...
Tougher sanctions duties for IPs
Understandably, Insolvency Practitioners (IPs) have been added to the ‘relevant firms’ that are subject to the sanctions reporting requirements. We join banks, accountants (which many of us are, too), lawyers, estate agents and even crypto agents. So what are we now...
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