News

This month, as part of our Tried and Tested: Recipes You'll Love series, we’re delving into a recipe with a special place in the heart of our Chairman, David Buchler. It is the beloved “Chocolate Cake” recipe, handwritten many years ago by the late mother of our...

As Britain’s local councils finalise their budgets ahead of their usual sign-offs in March, the financial crisis that has left many authorities close to bust appears to be deepening. The latest estimate from councils is that their budget shortfalls will reach £9.3bn...

When intelligence services chiefs urge greater preparedness by businesses for UK cyberthreats, it’s probably time to take notice and sort out some protection. Richard Horne, the new head of GCHQ’s National Cyber Security Centre says the prospect of sophisticated...

Rising market levels of pay are becoming a severe headache for businesses, not least SMEs, with recent budget changes piling on the woe. Recruiter Adzuna says the average advertised salary stood at £39,234 in October, up 6% on last year and the highest increase since...

The number of hospitality businesses entering insolvency eased slightly in Q3 2024, yet remained historically high, reflecting challenging trading conditions for the industry. Some 2,657 accommodation and food service companies, including hotels, restaurants and pubs,...

Buchler Phillips is delighted that Oliver Southwell is returning to the firm to bolster the Turnaround Team. Oliver commenced his career at Buchler Phillips in the Restructuring Team prior to joining Kroll Advisory in 2022. During this period, Oliver undertook a...

As part of our newly launched recipe series, we are excited to share with you our November surprise recipe of the Classic Christmas Cake, one that Jo Milner, our Managing Director at Buchler Phillips, has a special fondness for and returns to every November! As the...

Lower interest rates and a recent easing of inflation may suggest light at the end of what’s been a very long, dark tunnel for Britain’s Small and Medium Enterprises (SMEs), but late payments remain a major killer in the bedrock of our economy. Research by the Smart...

Shares in two of Britain’s biggest manufacturers soared on news of a Trump victory in the US, but the picture belies deeper problems for factories and engineering based businesses on this side of the pond. BAe Systems and Rolls-Royce, both acclaimed FTSE100 engineers...

Ever since the Labour Party conference in late September there had been ominous rumblings that anything up to an additional £50 billion might be made available annually for infrastructure expenditure by the alchemy of 'freeing up the rules on Treasury borrowing'....

Sanctions against dodgy directors have been stepped up considerably this year: long disqualifications are now for the lucky ones, as prison becomes an increasingly favoured option for the Insolvency Service. This month, a former sole director of a ‘non-specialised...

Selling cars has never before seemed such a risky and complex business to be in, judging by recent failures large and small. Completely Motoring, with 165 staff across its 14 showrooms in 11 locations, is the latest group to enter administration and the list of...