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Research Reveals Insolvency Domino Effect

New research has revealed that as many as 26% of UK companies have suffered a hit to their finances following the insolvency of a customer, supplier or debtor in the last six months. 

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Carillion Collapse Impacts on Small Construction Firms

Small construction companies are increasingly being impacted by payment delays, and this impact has been further exacerbated by the collapse of Carillion. 

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Consulting on Collective Redundancies in Insolvency Situations

Insolvency and restructuring trade body R3 has welcomed the news that the Government intends to produce new guidance for consulting on collective redundancies in insolvency situations

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Committees Publish Final Report into Carillion Collapse

The final report by the Work and Pensions and BEIS Committees into the collapse of Carillion has been highly critical of both the company’s board and the Big Four auditing firms. 

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Latest Figures Reveal Rise in Scottish Corporate Insolvencies

The latest statistics from Scotland’s Accountant in Bankruptcy (AiB) have revealed that corporate insolvencies increased from 846 in 2016-17 to 886 in 2017-18. 

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