Keep up to date with all the latest goings on at White Maund.
Under current legislation, Insolvency Practitioners (“IP”) are required to comply with significant regulatory and reporting requirements that can lead to increased costs and delays in completing an insolvency process. The issue of IP fees has been widely commented on in the press and in Court and has been seen by creditors and other stakeholders as […]
The governor Mark Carney is still maintaining that the base rate is unlikely to rise anytime soon (previous predictions were 2015/16), despite the sharp drop in UK unemployment last week. In the same week however, the Bank said it would no longer use employment as the sole indicator for rate setting, but rather a wider […]
Good news for retailers? Data from The Local Data Company suggests that vacancies in town centre retail units fell to 13.9% in December from 14% in November. A two tenths of one percentage point drop may not seem wildly optimistic but importantly this is the first time since July 2010 that the figure has been […]
The city best known for it’s motor industry and Motown music has been declared bankrupt owing 18 billion dollars (11 billion pounds) to its 100,000 creditors. For more details on this unique situation head to the BBC website at: http://www.bbc.co.uk/news/business-25203691
The Blockbuster brand had traded for nearly 25 years in the UK when it was placed into administration for the first time in January 2013, at which time it had over 500 stores and 4,000 staff. The business was sold by the administrators to private equity group Gordon Brothers, but they were unable to turn […]
The latest insolvency statistics for England and Wales published by the Insolvency Service for Q3 of 2013 show that there were 3,875 corporate liquidations in Q3 of 2013, down 2% on the same period last year and also down 2.6% on Q2 of 2013. In addition, there were 253 receiverships, 544 administrations and 152 Company […]
Despite the Chancellor’s claims of a recovering economy, retailers may find themselves requiring a different kind of therapy after data compiled by the Local Data Company, shows that within 500 UK town centres 3,366 stores closed in a six a month period compared to 3,157 stores opening. The research found 31% of retailers currently have […]
I will be at the NEC for the second time in almost as many weeks on Thursday 17 October 2013. Having been at the Pharmacy Show on Sunday 29 September to meet up with a number of contacts, I am looking forward to discussing dental issues which are remarkably similar to pharmacy issues. One key […]
An interesting article in the times today – statistics released by Deloitte reveal growing optimism amongst the UK’s entrepreneurs. Over 80% consider that their businesses will grow by more than 10% in the next 12 months, being the highest proportion since the survey began 5 years ago. Furthermore, a reported 56% of entrepreneurs said they […]
I am looking forward to catching up with many of my professional contacts at the Pharmacy Show on Sunday and the Christie + Co curry on Sunday evening. www.thepharmacyshow.co.uk