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Don’t write off British factories just yet

Don’t write off British factories just yet

Stagnation looms for British business. New August figures show that the private sector slowed to a snail’s pace as factory output fell and the larger services sector struggled to match July. The S&P Global/CIPS Purchasing Managers' Index (PMI) estimate dropped to...

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The Show Must Go On

The Show Must Go On

One of the many great pleasures of being in London for at least part of the summer is the wonderful feeling of leaving a theatre, with hundreds of other happy people, to walk out into a warm evening buzzing with life.  Our love of opera at Buchler Phillips is well...

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Battling inflation leaves yet more bruises

Battling inflation leaves yet more bruises

It is no surprise at all that the Bank of England has announced the first 0.5 percentage-point jump in the official lending rate since it was granted independence from the government in 1997. Surging prices over the past two years have been a rude awakening for...

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SMEs and the cost of living crisis

SMEs and the cost of living crisis

The cost of living crisis is a ‘cost of doing business’ crisis for a very large number of Small and Medium Enterprises (SMEs). While inflation hit a fresh 40-year high of 9.4% in June, input price inflation for the 12 month period reached 24%, its highest on record. ...

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Airline survival needs more than a wing and a prayer

Airline survival needs more than a wing and a prayer

In a year of major anniversaries and jubilees, one ‘ruby’ milestone in the restructuring world has passed largely without notice in 2022: 40 years since the high profile collapse of transatlantic budget airline Laker Airways. Time flies, even if Laker doesn’t anymore....

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Directors must avoid misguiding creditors over trading

Directors must avoid misguiding creditors over trading

The very public dispute between recently rescued fashion retailer Missguided and its suppliers raises the important issue of wrongful trading and the risk it poses to company directors. Missguided was acquired in May by Mike Ashley’s Frasers Group in a pre-pack...

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On this Jubilee weekend, God Save the Boss!

On this Jubilee weekend, God Save the Boss!

Would HM The Queen make a good CEO? It’s an odd question, I know, but one I’ve been asking myself in recent weeks as her Platinum Jubilee coincides with a very challenging period for businesses. In some ways, the Queen is already a boss on a very large scale. When her...

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