Letter from London – Budget Review

Letter from London – Budget Review

Plenty of political hopes and fears have been invested in today’s Budget, which was probably the final set-piece financial event before this year’s UK General Election. From the Conservative perspective, after two relentlessly gloomy years of economic and...
Council crisis takes another lurch downwards

Council crisis takes another lurch downwards

The financial crisis facing Britain’s councils is deepening. A new poll of local government leaders and managers claims to show, for the first time, the true extent of a structural funding issue that is leaving authorities close to bust. Only 4% of council leaders...
Wonderkid investigation rings alarm bells for directors

Wonderkid investigation rings alarm bells for directors

Insolvency Service investigators aren’t only called in after the event. They can also examine complaints about alleged corporate abuse or fraud in live companies. As is so often the case, two issues always put directors’ behaviour under the microscope: not conducting...
Services show their limits as economy shrinks

Services show their limits as economy shrinks

Notwithstanding the potential boost to exports of a relatively weak pound (on a 10-year view, anyway) for the UK’s manufacturing and assembling activities, the service sector still accounts for 81% of GDP and 83% of employment. It’s therefore unsurprising that it was...
Out-of-control truckers miss the safety lane

Out-of-control truckers miss the safety lane

The fall into administration of major UK haulier Youngs, citing “insurmountable working capital difficulties” and a “troubling” situation facing the whole sector, has once again brought into sharp focus the challenges faced by this critical link in the supply chain....