News

The Buchler Phillips preferred approach of ‘work out, not bail out’ will resonate with stricken companies heading for insolvency – not least because of the often hefty cost of advisers, court-appointed and otherwise, in administrations and liquidations, including...

The sharp rise in cryptocurrency-related insolvency cases across the UK has prompted the Insolvency Service to appoint its first crypto specialist, as it doubles down on recovering digital assets. Former police investigator Andrew Small, an economic crime expert, will...

Changes to the Individual Voluntary Arrangement (IVA) framework for those in debt are a reminder of the range of options available in the insolvency toolkit. The Insolvency Service has published a revised IVA protocol to improve the service currently offered to people...

‘It’s the uncertainty that is killing investment and imperilling any sustained economic growth’. Give me a tenner each and every time I have heard that refrain, or a close derivative, during the torrid past few months and I should be well on the way to untold riches....

Responsibility for conducting fraudulent business is not only limited to management of entities through which it’s transacted, but extends to third parties who knowingly assist such companies. That’s the scope of Section 213 of the Insolvency Act 1986, the Supreme...

Chutneys are one of those quietly brilliant additions to a meal - often sitting on the edge of the plate yet stealing the show the moment you taste them. With roots in the Indian subcontinent, they’ve been around for centuries - passed down generation to generation,...

Against of background of gently falling interest rates and a need to improve national productivity, key stakeholder groups are urging UK Small and Medium Enterprises (SMEs) to get over their aversion to bank debt and explore new funding options. The government is...

Alice Fanner, Assistant Manager at Buchler Phillips, participated in the Class of 2025 at the recent R3 Association of Business Recovery Professionals annual Conference in Malta, with a fabulous speech in relation to her career path from a degree in Philosophy, to a...

Global economic uncertainty and recent volatility in financial markets have boosted interest in trading cryptocurrency. However, the latest closure of a UK based crypto business, amid claims of fraud, is a fresh reminder of the risks of dabbling in this still...

Print off this briefing and brandish it before my eyes sometime in 2029, when the prediction I am about to make may be proved hopelessly awry. I reckon UK politics is on the cusp of monumental realignment; at the next election for the first time since the Great Reform...

Recruiters are in trouble. Having expanded rapidly to around 30,000 agencies in recent years, and survived Covid, a dramatic fall in job vacancies is forcing record numbers of company failures in the sector. A new analysis by CityAM of agency insolvencies in the last...

Earlier this month, two individuals were sentenced for breaches of Russian linked financial sanctions for the first time ever in the UK. Both Russian nationals, they were found guilty of eight counts of breaching financial sanctions and two counts of money laundering,...