There are always a number of controversies within the world of business, and one of the most prevalent recently has been the investors who managed to lose £8 million in a care home property scheme. They were duped into paying out for plans to convert 80 apartments in County Durham. These plans were never going …
How Investors Lost £8 Million in Care Home Property Scheme in the UK Read More »
It has recently been revealed that Club La Costa, which was in administration, has transitioned into the liquidation process. The FRP Advisory administration was officially terminated on November 20th 2022, and following that, the process shifted from administration to a new phase called liquidation (specifically, creditors’ voluntary liquidation). The process is still being managed by …
Why Club La Costa UK PLC Administration Transitions into Liquidation Process? Read More »
Covid was a difficult time for businesses all over the UK as the pandemic brought unprecedented restrictions on the public and, therefore, limitations on UK businesses as well. The government was forced to step in to make sure that people were able to keep their businesses up and running whilst the coronavirus and subsequent lockdowns …
Case Study: Glasgow Engineer Banned for £100K Bounce Back Loan Abuse Read More »
There has been a new social security trustees report published recently that indicates there is a slightly longer time horizon for different program trusts funds. A new depletion date of 2035 has been put forward (a year later than that suggested), but even with this revised date, the whole program is still facing a 75-year …
Will the Social Security Trust Fund be Insolvent in 2035 in the United Kingdom? Read More »
When an organisation finds itself failing, it usually looks towards insolvency or bankruptcy. These processes allow for a restructure and reorganisation of the whole business, its liabilities and its assets. It gives them a chance to properly consider the position that they find themselves in and make changes so that operations do not have to …
Top Businesses that Bounced Back from Insolvency or Bankruptcy Read More »
In the UK, assets are currently being sold from British pension funds to meet different margin calls. The repercussions of this selling of pension funds are starting to have an economic impact all over the world, from New York to Sydney to Frankfurt. Repercussions Across the World One of the countries that are currently seeing …
Why UK Pension Fund Selling Stokes Fear Across Global Bond Markets Read More »
Throughout the UK, there has been an increasing rise in energy and fuel prices that seem to be affecting everyone in different ways. One of the most significant groups of people that they are affecting is small businesses across the country. The increases in price are posing a threat to the survival of small businesses. …
Why Energy Prices are a Threat to Small Businesses in the United Kingdom Read More »
There is no getting away from the fact that money and mental health are connected. Now, as the UK faces one of its most significant cost of living crises in decades, there is no doubt that people’s mental health will be hit. Is there any Connection Between Mental Health and Debt? When you are struggling …
The Effect of Debt on Mental Health in the United Kingdom Read More »
According to Ernst Young (EY), although Foreign Direct Investment (FDI) fell in Europe last year, the UK reversed this trend and attracted plenty of foreign investment, totalling 63 projects in 2021. EY’s UK Attractiveness Survey for Financial Services continues to demonstrate that foreign direct investment in the UK in 2022 is still leading the way …
Foreign Direct Investment in the UK 2022 and Its Impact Read More »
With rising inflation and the cost of living crisis in the UK, there has been much talk in recent months of an impending recession in the UK. Some experts believe that the country is already in a recession, albeit mildly, while others are predicting 2023 is the year a recession will hit the UK. Others …
Simple Liquidation
