At first glance, you might be tempted to place your trust in Reggie, our ever-diligent Security Dog. He cuts quite the figure in his suit - attentive, loyal, and undeniably charming. But while Reggie is excellent at keeping the office safe and welcoming visitors, financial and insolvency advice requires a very different skill set.

UK construction insolvencies rose to 15.2% of all cases in July, with 3,973 firms collapsing in the past year. Analysts warn sector challenges remain amid costs, regulation and regional pressures.

Corporate insolvencies rose 5.9% year-on-year in August. Azets stresses that early advice is vital for businesses, as SMEs continue to face mounting financial pressures, high costs, and economic uncertainty.

Information Parker Walsh needs for a Members’ Voluntary Liquidation: director and shareholder details, bank accounts, directors’ loans, HMRC references, and remaining assets, enabling an efficient, compliant MVL via a questionnaire.

The BRC warns that 400 of Britain’s largest retail stores face closure under proposed business rates changes, risking 100,000 jobs and emptying high streets unless the Government adjusts its plans.

UK GDP flatlined in July, raising fears of stagnation. Business leaders are urging the government to avoid further tax rises in the Autumn Budget and instead prioritise policies that encourage growth and investment.

Licensed insolvency practitioner Molly Monks supports directors with clear, professional guidance, dispelling myths, ensuring legal compliance, and delivering practical solutions to restructure, stabilise, or manage company closure with integrity.

HMRC lost around £836 million in 2022-23 due to small-business phoenixing, now accounting for one-fifth of its uncollected tax losses. Government bodies are tightening laws and enforcement to stop the abuse.

UK businesses face higher costs this October as Ofgem raises the energy price cap. Parker Walsh highlights challenges for firms, from squeezed margins to efficiency strategies, amid ongoing market volatility.