News & Insights

Insolvencies forecast to hit 33,000 in 2024

The number of company insolvencies remains significantly higher than just a couple of years ago, according to new figures from the...

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Jun 21, 20241 min read

18% rise in company insolvencies

Latest figures from the Insolvency Services show a significant increase in company insolvencies. There were 2,177 company insolvencies in...

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May 28, 20242 min read

Company insolvencies drop 17% in March but remain unusually high

After seasonal adjustment, the number of registered company insolvencies in England and Wales in March 2024 was 1,815, 17% lower than in...

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Apr 30, 20241 min read

Over half a million UK businesses fighting for survival as UK economy stagnates

The latest Begbies Traynor "Red Flag Alert" research, which has provided a snapshot of British corporate health for over 15 years,...

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Apr 29, 20241 min read

Exploring Insolvency: Directors’ Loan Accounts

Insolvency proceedings often reveal questionable aspects of financial management within companies. One such aspect that frequently...

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Apr 10, 20242 min read

Choose your remedy wisely!

When the Court finds a breach of the director’s fiduciary duty but the company has suffered no loss…choose your remedy wisely! The Court...

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Apr 9, 20246 min read

Exploring Insolvency: Preference Claims

Insolvency proceedings often lead to the emergence of legal claims, among which preference claims are notable. What are Preference...

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Apr 8, 20242 min read

Britain’s economy entered shallow recession last year

Britain's economy entered a shallow recession last year, official figures have confirmed. Gross domestic product shrank by 0.1% in the...

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Apr 2, 20241 min read

Company insolvencies continue to rise

The number of company insolvencies in February 2024 increased to 2,102 - 17% higher than a year ago and nearly double pre-pandemic...

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Mar 25, 20242 min read

Allianz report warns about ‘another acceleration’ in business insolvencies

Corporate insolvencies could climb 10 per cent this year Allianz has warned, stating the UK is more exposed than other European nations...

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Mar 6, 20241 min read

Insolvency Service publishes January 2024 statistics

New data from the Insolvency Service shows that monthly corporate insolvencies rose year-on-year as companies continued feeling the...

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Feb 19, 20241 min read

Britain enters recession as GDP falls for second consecutive quarter

New data released this morning by the Office for National Statistics (ONS) indicates that the UK slipped into recession in the second...

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Feb 15, 20241 min read

Harsh business climate drives insolvencies to 30-year high

Corporate insolvencies are running at a 30-year high, according to new figures from the Insolvency Service for England & Wales. In 2023,...

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Feb 1, 20242 min read

Law firm launches new insolvency litigation and financing solution

Law firm Provenio Litigation LLP has launched a new insolvency litigation and financing solution. The new business - Optimise -...

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Jan 24, 20242 min read

Mark Goodwin recognised by Best Lawyers Guide

Mark Goodwin, Managing Director of Optimise, has been recognised in the 2024 edition of The Best Lawyers in the United Kingdom for his...

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Jun 9, 20231 min read