Bankruptcy: what Katie did – or didn’t do

Bankruptcy: what Katie did – or didn’t do

The arrest of glamour model Katie Price for failing to attend a court hearing relating to her second bankruptcy should be a wake up call for those who don’t cooperate in personal insolvency proceedings, whether they are previously High Net Worth individuals or not....
Ain’t no sunshine for holiday landlords

Ain’t no sunshine for holiday landlords

The UK’s holiday-let landlords are usually rubbing their hands with glee at this time of year. The sharp rise in ‘staycations’ that began soon after the Covid pandemic was sustained by the cost of living crisis as inflation soared. This summer, however, landlords are...
Global property investors warm to the UK

Global property investors warm to the UK

Not far from the Buchler Phillips office in London’s Mayfair lies Grafton Street. Number 20 is an elegant, though perhaps unremarkable building offering 17,000 sq. ft of office and retail space. Yet its £100m sale in April was one of the highest ever capital values...
Zombie Apocalypse

Zombie Apocalypse

The day of reckoning looms for The Walking Dead. As far back as three years ago we highlighted the huge rise in ‘zombie companies’, businesses that had been artificially propped up by Covid loans and relatively low interest rates on their core borrowings. Many of...
Disqualifications still dominated by Covid loan abuse

Disqualifications still dominated by Covid loan abuse

The expression ‘slippery as an eel’ comes to mind when considering the directors of a company closed down this month for abusing the Covid loan scheme. Lincolnshire based The Eel Screen Company, an eel protection business, provided false turnover figures in 2020 to...