News

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,...

read more
Letter from London – UK political outlook 2024

Letter from London – UK political outlook 2024

In the months ahead UK politics will be dominated by relentless speculation as to the date of the forthcoming General Election. The quaint - or even 'working' - assumption underpinning such feverish chatter is that a sitting Prime Minister has absolute control over...

read more
Chill wind blows harder in the High Street

Chill wind blows harder in the High Street

Incoming emails this week as we drift back to work provide a clear reminder that the high street has moved firmly online. The huge volume of messages from what are now web-first retailers seem to eclipse anything relating to work, promising big reductions, free...

read more
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...

read more
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...

read more
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 15-year...

read more
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...

read more
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...

read more
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...

read more
November 2023 Newsletter: One cheer for lower inflation

November 2023 Newsletter: One cheer for lower inflation

Two cheers would be a stretch, let alone three. Core inflation remains hard to shift, meaning UK interest rate cuts are some way off. The only surprise in October’s fall in the Consumer Prices Index was the size of the decline from 6.7% to 4.6%. It was always going to...

read more

Discover More

How can we help you?

We offer initial free confidential advice without obligation.