Hiring squeeze squashes agencies

Hiring squeeze squashes agencies

by | Apr 29, 2025 | News

Recruiters are in trouble. Having expanded rapidly to around 30,000 agencies in recent years, and survived Covid, a dramatic fall in job vacancies is forcing record numbers of company failures in the sector. A new analysis by CityAM of agency insolvencies in the last...
Sanctions convictions follow business breaches

Sanctions convictions follow business breaches

by | Apr 22, 2025 | News

Earlier this month, two individuals were sentenced for breaches of Russian linked financial sanctions for the first time ever in the UK. Both Russian nationals, they were found guilty of eight counts of breaching financial sanctions and two counts of money laundering,...
Directors’ bans still led by Covid loan abuse

Directors’ bans still led by Covid loan abuse

by | Apr 15, 2025 | News

The Insolvency Service disqualified more than 1,000 directors in 2024-25, according to its latest report on enforcement outcomes. Of the 1,036 sanctioned, 736 were banned for Covid loan abuse. The average length of a ban was eight years, on a scale of two to 13 years....
Bronzewood Capital backs acquisition of Fairline Yachts

Bronzewood Capital backs acquisition of Fairline Yachts

by | Apr 14, 2025 | News

Bronzewood Capital, the private equity investor focused on UK mid-market turnaround situations with asset backing, is pleased to announce its first transaction, one month after launch. The firm is backing Fairline Holdco Limited in acquiring the business and assets of...