Hundreds of jobs on the high street are in jeopardy as Ted Baker's operations teeter on the edge of Administration.
The Economic Crime and Corporate Transparency Act 2023 is ushering in a new era for Companies House, with the first wave of transformative powers set to take effect from 4 March 2024. These changes are poised to reshape the landscape of financial oversight, marking a significant milestone in the evolution of Companies House.
Terms like "liquidation" and "bankruptcy" often find themselves intertwined, and they can sometimes be used interchangeably and lead to confusion. However, it's crucial to recognise that these are two different insolvency procedures for two separate legal entities with unique implications. In this article, we will delve into the differences between liquidation and bankruptcy.
The UK entered into a recession in the second part of 2023 but what is a recession and how does it effect businesses?
Restaurateur, Heston Blumenthal, has called for new measurers to be put in place to stop identify fraud being committed through Companies House. The scammers are setting up a limited company under a similar name to the group and then taking advantage of the brand to receive goods or using overdraft banking facilities.
In the world of business, it is highly likely that your company will at some point pay tax; be it VAT, PAYE/NI or Corporation Tax. Businesses can find themselves juggling an array of financial responsibilities and it can become overwhelming, especially if the business is unable to meet its tax obligations.
The Liquidation of Chinese property developer Evergrande is huge news for the industry, it was the second largest developer in China by sales and was founded nearly 28 years ago but a Court has ordered that it enter into Liquidation.
It is important to understand the roles and responsibilities of being a director when your company is entering in to liquidation. In this article, we look at the dos and don'ts of your responsibilties.
In the wake of the economic turmoil caused by the COVID-19 pandemic, the UK government rolled out a lifeline for struggling businesses in the form of Bounce Back Loans (BBL). While this financial support was vital for numerous businesses, unfortunately it also created an opportunity for fraud. This article sheds light on the various types of fraud associated with BBL, exposing the challenges faced by authorities in safeguarding public funds.