A guide to recognising financial distress early and taking proactive steps.

Rising costs are squeezing businesses, but proactive planning around rates, staffing, cash flow and structure can protect profitability and help owners stay resilient in a challenging economic climate.

Minimum wage increases from April 2026 will raise staffing costs for many businesses, particularly those employing younger or lower-paid workers, placing pressure on margins, recruitment decisions and long-term workforce planning.

Business rates reform from April 2026 introduces permanent relief for hospitality and leisure businesses, but careful planning is essential to manage revaluation impacts and rising operational pressures.

Molly’s achievement as a Fellow of the IPA strengthens Parker Walsh by enhancing our expertise, credibility and leadership, giving clients even greater confidence in the high quality insolvency advice and support we provide.

Cooperating fully in a liquidation is vital. Transparency prevents delays, investigations and personal risk. Hiding information only worsens matters, while honesty helps insolvency practitioners achieve the best outcome for everyone involved.

Parker Walsh warns Bramhall businesses are already under strain and the year-long car park closure could push some to breaking point, with local traders fearing major drops in footfall and potential closure.

This article explains HMRC debt escalation, enforcement risks, and when directors should consider a Company Voluntary Arrangement (CVA) or Creditors’ Voluntary Liquidation (CVL), featuring expert insights from insolvency practitioner Molly Monks.

UK pub landlords warn rising business rates will create unsustainable pressure, with many facing losses or closure. Despite government support, significant increases in rateable values leave the sector fearing widespread disruption.