Liquidation is quite a common occurrence. It is also frequently referred to as ‘winding up’ and is the process of a company coming to an end. Throughout the process, liquidators are brought in with the intention of assisting the company and helping them dispose of all of their assets, distributing the proceeds to creditors to […]
What is a Liquidation Auction in the United Kingdom? Read More »
There is no getting away from the fact that money and mental health are connected. Now, as the UK faces one of its most significant cost of living crises in decades, there is no doubt that people’s mental health will be hit. Is there any Connection Between Mental Health and Debt? When you are struggling
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Over the years, large corporations, often well-known internationally, have become insolvent for various reasons. Whilst some of them have famously closed down, and long since been forgotten, there are also many that managed to recover from the brink of failure. The success stories can sometimes be hailed as the vision of leadership – would Apple
Simple Liquidation: Success Stories on Business Recovery from Looming Failure Read More »
According to Ernst Young (EY), although Foreign Direct Investment (FDI) fell in Europe last year, the UK reversed this trend and attracted plenty of foreign investment, totalling 63 projects in 2021. EY’s UK Attractiveness Survey for Financial Services continues to demonstrate that foreign direct investment in the UK in 2022 is still leading the way
Foreign Direct Investment in the UK 2022 and Its Impact Read More »
With rising inflation and the cost of living crisis in the UK, there has been much talk in recent months of an impending recession in the UK. Some experts believe that the country is already in a recession, albeit mildly, while others are predicting 2023 is the year a recession will hit the UK. Others
Is a Recession Coming in the United Kingdom? Read More »
It’s official; the UK is the most attractive country for young people across the G20, according to the latest survey from Ipsos, the research specialists. The British Council asked Ipsos to conduct the research that surveyed 20,616 people across the G20 countries, aged 18-24 years old, in September and October 2021. The results showed that
Why Is the United Kingdom the Most Attractive Country for Young People Across the G20? Read More »
In April 2020, the government launched their Bounce Back Loan Scheme (BBLS) to help small and medium-sized businesses through the coronavirus pandemic. It allowed companies to borrow up to £50,000, depending on turnover, at a very low-interest rate and without having to pay a penny towards paying back the loan for 12 months. The government
HSBC Bounce Back Loan Repayment Extension in the United Kingdom Read More »
The Chancellor, Rishi Sunak, announced a series of financial measures in 2020 to help businesses through the coronavirus pandemic. One of those initiatives was the Bounce Back Loan which was launched in April 2020. It allowed small and medium-sized businesses to borrow up to £50,000, depending on turnover, at a very low-interest rate. As well
Bounce Back Loan Calculator: How to Calculate Accurately Read More »
Just about every business in the UK will, at some point, struggle with cash flow or debts; in fact, many large corporations manage an ongoing debt. However, it becomes an insolvency situation when that debt gets out of control and increases to the stage where incoming revenue is just not enough to cover outgoings. The
Best Business Debt Recovery Service in the United Kingdom Read More »
A couple of months ago, on 31st March, the financial sector in the UK had to abide by new operational resiliency regulations and guidance. Designed by the FCA (Financial Conduct Authority) and in partnership with the PRA (Prudential Regulation Authority) as well as the BoE (Bank of England), the aim is to improve and strengthen
Business Continuity and Disaster Recovery in Financial Services Read More »
