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....
A career in insolvency – why not?

A career in insolvency – why not?

It’s safe to say that no student careers officer has ever pointed young jobhunters towards the insolvency and restructuring sector. We’re a relatively niche profession, generally unknown beyond experienced accountants and lawyers. Most members of the industry ‘end up’...
There’s no business like show business

There’s no business like show business

It’s little surprise that three of London’s leading producing theatres have warned of “devastating” pressures on their finances, as rising costs, funding cuts and changes in audience tastes slash their reserves and force them into more cautious...
Slow, slow, quick quick quick

Slow, slow, quick quick quick

Almost a hundred years ago, a character in Ernest Hemingway’s first novel asked a much-misquoted question: “How did you go bankrupt?”. The famous reply was: “Two ways, gradually and then suddenly.” Many individuals hastily completing their tax returns this week,...