AO World boss John Roberts warns Britain risks recession, citing inflation, rising costs, and Labour’s workers’ rights bill. Business leaders fear tax hikes and rigid regulation are undermining investment and employment.
A new report warns 2,200 pubs in England and Wales could close next year, risking 12,000 jobs, unless the government extends tax relief and eases the burden of business rates.
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.
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.
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.
Strike off is a low-cost route to close a UK company when fully solvent. Confirm eligibility, manage risks, notify stakeholders, settle liabilities, handle assets carefully, file DS01, and monitor Gazette notices.
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.