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Buchler Phillips appointed as administrators to CargoLogicAir Ltd
Unique and highly profitable British business suffers an intended consequence of sanctions against Russia David Buchler and Jo Milner of Buchler Phillips Limited were appointed Joint Administrators of [CargoLogicAir, Ltd. (CLA)] (“the Company”) on 16 November 2022....
Death of the English National Opera
Acting like the Roman Emperor in the arena of old, Sir Nicholas Serota, the Chairman of the Arts Council, gave his verdict on the Arts Council grants for the next three years. For the ENO it was a thumbs down and thus the Arts Council have signed the death warrant...
Commercial landlords and tenants both face winter of discontent
Too often, business relationships or transactions can be a zero-sum game: one party’s gain is equivalent to another party’s loss. It can so easily go that way in commercial property, from large offices to small high street shops; but concerns about inflation and...
Airlines must chart financial, operational and legal courses to survival
We are proud to have our article featured in Italy's leading journal for the corporate recovery and reconstruction profession, “Osservatorio Internazionale Crisi d’Impresa”. The journal has been published in October 2022 and circulated among Italian Chartered...
Political Update from The Rt Hon Mark Field
Mercifully, on 20 October, Liz Truss bowed to the inevitable following a calamitous loss of confidence amongst the Conservative parliamentary ranks, as her authority and credibility was swept away in recent weeks. Her replacement as PM will be in office within seven...
Stricken firms must stay on the front foot with debt
Readers of a certain age will remember the ‘Ring of Confidence’ promised by a leading toothpaste brand. The ring in the famous TV adverts was a sort of fallen halo which had settled at mouth level, complete with sparkle. There’s little sparkle, however, in the outlook...
UK business services must get in shape to benefit from weak pound
The prospect of relatively weak sterling for the foreseeable future inevitably leads optimists to spot good news for UK exporters. “What could we export?” sceptics might cry, mindful of our shrinking manufacturing base. In reality, while overall imports outstripped...
BOLD, FOR SURE – BUT JUST WASN’T MADE FOR THESE TIMES?
The Government's emergency financial statement may have lacked the formal designation of a Budget, but in some ways, it represents a more significant fiscal and economic event. Meanwhile the political implications are clear - after twelve years of Conservative...
New King, new PM, new start – tough work ahead
To say that our late Queen Elizabeth II will be a hard act to follow is a huge understatement. Only a few weeks ago, in a short article, I posed the question “Would the Queen make a good CEO?. It’s a theme I reflected on again after a weekend of lengthy queueing to...
September 2022 Newsletter: Running the slide rule over recovery
For thousands of schoolkids and parents, not just in the UK, September has meant a new one of these. Half empty by Christmas and a discarded box by the following July, the Helix Oxford has become an annual repeat purchase for several decades. Like new shoes, it...
The political challenges facing the UK’s incoming administration
How will historians make sense of the unremitting political turbulence that has engulfed the UK since the EU referendum in June 2016? Well, it is instructive to step back from the trauma that has played out exclusively in the Conservative Party these past six years....
Don’t write off British factories just yet
Stagnation looms for British business. New August figures show that the private sector slowed to a snail’s pace as factory output fell and the larger services sector struggled to match July. The S&P Global/CIPS Purchasing Managers' Index (PMI) estimate dropped to...
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