News
Trucking giants struggle to pull out of slow lane
The fall into administration of major logistics group Tuffnells, citing inflationary pressures and tougher competition, has brought into sharp focus the challenges faced by this critical link in the supply chain. There are several factors beyond the logistics...
Take action on your cash crunch before it’s too late
Funny how most business costs leave a company’s bank account at fixed days through the month, yet income for goods sold or services supplied seems to land when debtors feel like sending it. Of course, it isn’t funny at all, especially in these times of soaring energy...
Choppy waters remain for UK commercial property
The recent fall into administration of a 313,000 sq ft office block in London’s Canary Wharf confirms fears that investors in the capital’s commercial property market may wait longer than expected for recovery. Formerly the London head office of Bear Stearns before...
When is it time to throw in the towel?
In an ideal world, perhaps businesses would never need to deal with an Insolvency Practitioner (IP). One common misconception is that IPs simply help to close businesses that go bust or run out of money. This is by no means always the case, since options exist for...
May 2023 Newsletter: One swallow doesn’t make a summer
Optimism is generally a good quality when running a business. It fosters positive energy and a can-do approach, without which success is much more difficult. Nonetheless a healthy dose of realism can be a useful balance, not least when assessing the financial health...
Letter from London – Local elections and geopolitical economics
A quick summary for those without the time and inclination to pore through this entire briefing - deeply disappointing results for the Conservatives, especially in many of its traditional strongholds in the south and midlands; substantial, telling but inconsistent...
Heavy is the head that wears the crown
Less than a year ago, at the time of the late Queen’s Platinum Jubilee, we published an article posing the question “Would the Queen make a good CEO?” When this weekend’s coronation is over, her son, King Charles III, will have (symbolically, at least) taken the reins...
ICAEW’s virtual Restructuring & Insolvency Conference 2023
As part of the 2023 Restructuring & Insolvency Conference hosted by ICAEW, we at Buchler Phillips look forward to discussing «The case of CargoLogicAir Limited and the impact of sanctions imposed on its Russian owner», on Tuesday 27 June, at 10:15. CargoLogicAir...
Insolvency storm clouds are gathering
Spring may be well underway, but the chill wind is picking up and the sky is darkening for many businesses. Company insolvency figures for March now appear to reflect more fully the economic woes facing the UK and the many cost pressures felt by enterprises of all...
Navigating Government-Imposed Sanctions in Administration
This article first appeared in the International In-house Counsel Journal (IICJ) Vol 16 No 62 2023 By Buchler Phillips: David Buchler, Prof David Fordham and Jo Milner and DLA Piper: Natalie Peacock, Chris Parker, John Forrest and James Davison 1 Background 1.1...
Buchler Phillips and BLC launch Cyprus JV
Buchler Phillips (BP) and Business Links Consultancy (BLC) are delighted to announce a unique joint venture, offering clients a wide range of consulting and market access services for Europe, the Middle East and Asia via the strategic Mediterranean hub of Cyprus....
British factories may yet make a big difference
Exactly three years since the first Covid lockdown, the UK is the last of the G7 economies to recover to pre-pandemic levels. Brexit and war in Ukraine have hiked input prices, not least energy and raw materials, for several UK manufacturers that were allowed to...
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