Amidst a challenging period for restaurants, Catch 22 Brasserie's candid post reveals industry-wide struggles, echoing concerns of dwindling footfall and impending financial challenges.

Is it possible to liquidate a limited company and open a new one? Yes, it is, but it's essential to consider legal, financial, and practical implications.

In the wake of economic uncertainties, the UK government introduced Bounce Back Loans (BBLs) as a lifeline for struggling businesses during the COVID-19 pandemic. However, companies are now facing difficulties in repaying the bounce back loans.

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.

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.

Like many businesses, The Body Shop did not see the footfall it needed over Christmas and in the January sales, the company is now in significant financial trouble and there are planned shop closures and redundancies.

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.