Prepare for the zombie company storm

By admin | July 5, 2022

Directors and business owners should expect to see the beginning of the pandemic fallout during the second half of 2022. Currently, Britain’s economy is operating with a dangerously high number of zombies, insolvent companies that: This miserable and worrisome situation is largely the result of a lethal cocktail of three corresponding events and issues: Ideally,…

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Laws for winding up orders need more clarity

By admin | September 12, 2021

Entrepreneurial small business owners should be overjoyed with Government plans to increase the debt threshold for winding-up petitions to £10,000. The move is in harmony with new protections and laws designed to support businesses. Temporary measures introduced last year under CIGA 2020 will be replaced from 1 October to 31 March 2022. Subsequently, more debtor-friendly…

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