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November 2022 Newsletter: Traffic still flowing freely at Silicon Roundabout
The UK’s technology sector has been flagged by the government as pivotal to sustainable economic recovery, post-Brexit and post-Pandemic. Following an additional crisis in external perception of the world’s fifth largest economy, now overtaken by Germany, it is...
Letter from London – Economic Update – Nov 2022
CREDIBILITY RESTORED, BUT HAS IT BEEN AT THE EXPENSE OF INVESTOR AND CONSUMER CONFIDENCE IN THE UK ECONOMY? It seems scarcely believable that a mere fifty-five days separated Thursday's Autumn Statement from its predecessor, the now notorious Truss/Kwarteng mini...
Now at least one crypto king is in the altogether
This week sees a Crypto Leaders Symposium in London. It won’t just be a gathering of youthful fintech entrepreneurs in shorts playing video games during others’ speeches; it’s a serious, two-day summit of senior bank executives, lawyers, regulators and traditional...
Buchler Phillips appointed as administrators to CargoLogicAir Ltd
Unique and highly profitable British business suffers an intended consequence of sanctions against Russia David Buchler and Jo Milner of Buchler Phillips Limited were appointed Joint Administrators of [CargoLogicAir, Ltd. (CLA)] (“the Company”) on 16 November 2022....
Death of the English National Opera
Acting like the Roman Emperor in the arena of old, Sir Nicholas Serota, the Chairman of the Arts Council, gave his verdict on the Arts Council grants for the next three years. For the ENO it was a thumbs down and thus the Arts Council have signed the death warrant...
Commercial landlords and tenants both face winter of discontent
Too often, business relationships or transactions can be a zero-sum game: one party’s gain is equivalent to another party’s loss. It can so easily go that way in commercial property, from large offices to small high street shops; but concerns about inflation and...
Airlines must chart financial, operational and legal courses to survival
We are proud to have our article featured in Italy's leading journal for the corporate recovery and reconstruction profession, “Osservatorio Internazionale Crisi d’Impresa”. The journal has been published in October 2022 and circulated among Italian Chartered...
Political Update from The Rt Hon Mark Field
Mercifully, on 20 October, Liz Truss bowed to the inevitable following a calamitous loss of confidence amongst the Conservative parliamentary ranks, as her authority and credibility was swept away in recent weeks. Her replacement as PM will be in office within seven...
Stricken firms must stay on the front foot with debt
Readers of a certain age will remember the ‘Ring of Confidence’ promised by a leading toothpaste brand. The ring in the famous TV adverts was a sort of fallen halo which had settled at mouth level, complete with sparkle. There’s little sparkle, however, in the outlook...
UK business services must get in shape to benefit from weak pound
The prospect of relatively weak sterling for the foreseeable future inevitably leads optimists to spot good news for UK exporters. “What could we export?” sceptics might cry, mindful of our shrinking manufacturing base. In reality, while overall imports outstripped...
BOLD, FOR SURE – BUT JUST WASN’T MADE FOR THESE TIMES?
The Government's emergency financial statement may have lacked the formal designation of a Budget, but in some ways, it represents a more significant fiscal and economic event. Meanwhile the political implications are clear - after twelve years of Conservative...
New King, new PM, new start – tough work ahead
To say that our late Queen Elizabeth II will be a hard act to follow is a huge understatement. Only a few weeks ago, in a short article, I posed the question “Would the Queen make a good CEO?. It’s a theme I reflected on again after a weekend of lengthy queueing to...
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