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Triumphant Trio for Escalate

Escalate, the revolutionary dispute resolution process for SMEs, has recently been awarded ‘Excellence in Business Development’ at the Law Society Excellence Awards, making it the third national award that the process has been proud to claim. This title adds to…

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Quarter 3 Insolvency Statistics

First signs of trouble for business? The Insolvency statistics for the quarter to the end of September 2018 have just been released. As far as companies are concerned there is a noticeable upward trend: company insolvencies are up nearly 9%…

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Homebase adds to High Street Woes

Homebase, the loss making DIY retailer hit by the housing market slowdown has added its name to the list of major multi-site retailers that needs to restructure its business using the controversial Company Voluntary Arrangement (CVA) procedure. Homebase was bought…

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Is Katie Price joining the ranks of IVA users?

Recent statistics show a record number of people becoming insolvent and proposing an Individual Voluntary Arrangement (IVA) to their creditors and it looks as though Katie Price is being forced by creditor pressure to join their ranks. From press reports…

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Company Insolvency levels Q2 2018

The recent statistics for personal insolvency rates showed a notable upturn in formal insolvency – an increase of 4.4% on the previous quarter and a striking 27.3% compared to Q2 2017. But what about companies?  Here the picture is mixed:…

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