Season’s Greetings from Buchler Phillips!

Season’s Greetings from Buchler Phillips!

Dear friends and colleagues, Merry Christmas and a prosperous New Year from all of us at Buchler Phillips. This year we were very proud to celebrate 35 years of Buchler Phillips. We are privileged to have been involved in some of the most complex and fascinating...
Business owner optimism could mask insolvent trading

Business owner optimism could mask insolvent trading

Positive vibes, as we look ahead to our own business prospects after a possibly tough year, are a great feeling. They promote energy and, to a certain extent, can help fulfil our hopes of generating new revenue to lift our businesses out of the danger zone. If they...
Too early to call the bottom for builders

Too early to call the bottom for builders

The UK’s construction industry has been at or near the top of insolvency statistics in 2023. The sector has seen record levels of businesses folding – more than 4,000 in Q3 2023, or 18% of all cases in an identifiable industry – amid surging inflation and a...
Loan fraud bounces back on builder

Loan fraud bounces back on builder

In case anyone needed confirmation that the Insolvency Service is stepping up action against businesses which have abused the government’s Bounce Back Loan (BBL) Scheme, look no further than the 20  month custodial sentence (suspended for two years) meted out in...
Council crashes magnify the misery of inflation

Council crashes magnify the misery of inflation

Britain’s local councils are going bust – or getting close to it – left, right and centre. Literally, since the parlous state of local government finances is being revealed almost daily in councils controlled by all three major political parties. Early examples of...
Letter from London: Autumn Statement 2023

Letter from London: Autumn Statement 2023

The sands of time are fast draining away towards the date of the next General Election. Arguably only this Autumn Statement and the Budget next March provide a beleaguered government with set-piece economic events that have the potential to change the political...