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Universities face failure without a safety net

Universities face failure without a safety net

Last November, we highlighted an anomaly in UK university financing: unlike Further Education colleges, they have no dedicated insolvency framework for what should happen when an institution can no longer meet its obligations. The Government has now considered the...

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Has the ‘routine’ MVL had its day?

Has the ‘routine’ MVL had its day?

For many owner-managed businesses, a Members’ Voluntary Liquidation (MVL) has long been regarded as the orderly final chapter of a successful company. The business has ceased trading or been sold, liabilities have been settled, shareholders wish to extract the...

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Letter from London: Another New Dawn – July 2026

Letter from London: Another New Dawn – July 2026

There is little to suggest from the speed and brutality of Keir Starmer’s demise and the termination of a sixth Prime Ministerial tenure since June 2016 (by contrast the five previous Prime Ministers spanned a period of over 37 years) that the UK electorate is...

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How real is AI’s threat to professionals’ fees?

How real is AI’s threat to professionals’ fees?

Artificial Intelligence has become the defining business story of 2026. Almost every week brings news of another big investment, a powerful new platform or predictions that AI will reshape the workplace. Much of the debate has focused on jobs and, in this case,...

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Insolvency rule tidy-up: businesses take heed

Insolvency rule tidy-up: businesses take heed

It's not often that changes to insolvency legislation generate much excitement outside the legal profession. The latest amendments to the Insolvency (England and Wales) Rules 2016 are "housekeeping" rather than wholesale reform. Even so, seemingly technical changes...

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Letter from London: Brexit ten years on

Letter from London: Brexit ten years on

It may lack the momentousness of 9/11 or the tragically untimely death of Diana, Princess of Wales or even the dignified passing of her mother-in-law, but for many of us etched firmly in our memories are details of exactly where we were ten years ago on the morning of...

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UK restructuring regime: now too effective?

UK restructuring regime: now too effective?

Five years ago, the key question surrounding the UK's restructuring plan regime was relatively straightforward: would the new powers introduced under Part 26A of the Companies Act become a meaningful rescue tool or simply remain an option reserved for exceptional...

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Ardmore shines a spotlight on the Moratorium

Ardmore shines a spotlight on the Moratorium

When a business meets financial pressure, the conversation often jumps to administration, liquidation or a company voluntary arrangement (CVA). Yet one of the most interesting additions to the UK restructuring landscape in recent years is the Moratorium, introduced by...

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MAMILs ride again – too late for bike businesses?

MAMILs ride again – too late for bike businesses?

Not long ago, the UK cycling industry appeared stuck in a painful uphill stretch. A post-pandemic sales hangover, excess stock and squeezed consumer spending combined to leave retailers, distributors and manufacturers saddle-sore from one of the toughest periods the...

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