Companies

Restructuring & Insolvency

Image for kate middletons parents party business goes bust

Tax | Kate Middleton’s parents’ party business goes bust

Party Pieces Holdings, the event specialist company owned by Kate Middleton’s parents, has gone bankrupt after significant financial difficulties

9 Jun 2023

Image for auditor shortage forces azets recruit overseas

Business | Auditor shortage forces Azets to recruit overseas

Azets has expanded its audit team with the appointment of 33 permanent auditors from across Africa under a new international recruitment scheme

9 Jun 2023

Auditing

Image for resolve appointed administrator london irish

Business | ReSolve appointed administrator to London Irish

ReSolve Advisory has been hired as administrator of London Irish Rugby Club, following its fall into administration this week

9 Jun 2023

Image for fca plans cooling period crypto buyers

Business | FCA plans cooling off period for crypto buyers

Any companies selling cryptoassets to UK consumers will need to introduce a 24-hour cooling off period for first time investors from 8 October 2023

8 Jun 2023

Image for london irish files administration

Business | London Irish files for administration

London Irish rugby club has filed for administration after being suspended from the Premiership, following weeks of financial turmoil

8 Jun 2023

Image for recruitment slowdown persists may

Business | Recruitment slowdown persists in May

The hiring slowdown has continued into May with employers taking on more temporary workers rather than permanent staff

8 Jun 2023

Image for action error and fraud too little too late

Business | Action on error and fraud is 'too little too late'

The UK’s fight against fraud is a case of ‘too little too late’ with lessons to learn from the US approach, argue Andrew Durant, senior managing director and Gareth Eklund, senior consultant at FTI Consulting

8 Jun 2023

Image for woking council goes bankrupt ps19bn debt

Business | Woking council goes bankrupt with £1.9bn debt

Woking Borough Council has declared itself bankrupt after the local authority’s debt reached £1.9bn following heavy investments and a stack of unaudited accounts

7 Jun 2023

Image for one four uk business owners fast track their exit strategies

Business | One in four UK business owners fast track their exit strategies

Two in three UK business owners are currently considering an exit strategy as fears grow about higher taxes depending on the result of a 2024 general election

7 Jun 2023

Leadership & Management

Image for fake companies caught ps500k covid loan fraud

Business | Fake companies caught in £500k covid loan fraud

More than 10 sham companies that fraudulently claimed over £500,000 in bounce back loans have been shut down by the Insolvency Service

7 Jun 2023

Business | Businesses upbeat about economic growth

Leaders of the UK’s middle market businesses are growing more optimistic about their prospects, with the majority forecasting the economy will improve this year

6 Jun 2023

Business | Legal updates: June 2023

Sophie Brookes and Debbie Shaw, Gateley, examine how UK law interprets a material adverse change provision in a share sale agreement in Decision Inc, expulsion of an LLP member in Sheridan case and changes to non-compete clauses

6 Jun 2023

Tax | London Irish hit with winding-up over tax bill

London Irish rugby club have been handed a winding-up petition by HMRC over an unpaid tax bill, becoming the third Premiership club to face financial meltdown

5 Jun 2023

Business | British Chambers of Commerce launches business council

The British Chambers of Commerce (BCC) has set up a Business Council, made up of leading UK business leaders, in a bid to fill the void left by troubled CBI

5 Jun 2023