Liquidation

Redundancy Pay

Understanding Eligibility for a Director Redundancy Payment in the United Kingdom

Most company directors are likely already aware that statutory redundancy payments are available that their employees can claim if they work for a business for at least two years. Many directors might not know that they, too, may well be able to claim for these payments as well. If your business is struggling financially and …

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Fundamentals of the Liquidation

Fundamentals of the Liquidation Method of Business Valuation in the UK

When a company is put into liquidation, this is a method of evaluating the worth of a business. It measures what the company is worth as a whole when all of its physical assets and intangible assets are taken into account. It is only used when an organisation finds itself in difficult financial times or …

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BT Pension Scheme

How Mini-Budget Caused ‘Full-Scale Liquidation Event’ for Pension Funds in the UK?

When Kwasi Kwarteng revealed the UK’s mini-budget back in October 2022, there was a massive dip in the value of pensions throughout the UK, which led to near enough a full-scale liquidation event. In fact, BT pensions alone had their values plummet a staggering £11billion after the mini-budget was announced. The Publishing of the BT …

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