Avoid ‘escape route’ insolvency advisers

Avoid ‘escape route’ insolvency advisers

Even companies advising distressed businesses can end up being closed down. It raises questions about where struggling enterprises should seek help for the best possible outcome that will avoid piling on even more woe. Provisional liquidators have been appointed to...
Swifties fail to save UK hospitality

Swifties fail to save UK hospitality

The number of hospitality businesses entering insolvency rose in the first half of 2024 during a difficult period for the industry. Some 1,801 accommodation and food service companies, including hotels, restaurants and pubs, closed in the six months to June 2024, up...
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...