Tag: insolvency
Insolvency figures continue to fall for Scottish Businesses
According to the latest figures from Accountant in Bankruptcy (AIB), the number of Scottish businesses that are going in to administration is continuing to...
British Businesses facing liquidation hits a four-year high
With one in every 213 companies falling in to liquidation last year, British businesses bankruptcy has hit a four year high. Official figures which were...
Scotland’s personal insolvencies now at 14 year low.
Scotland's personal insolvencies number has fallen to its lowest level in more than 14 years. During the three months leading up to the end of June, just 1606...
Insolvency service gets tough on rogue company directors
It has been revealed that disqualification orders made against rogue company directors has massively increased by over 83% in the past year alone. Despite the governments...
Scots facing 2015 debt crisis
As many as 1,000 companies will fold and 12,000 Scots will be facing bankruptcy in 2015, a expert report has predicted.
Respected Business advisers BDO state that many...
Well known flooring firm in administration for a third time
Administrators have been called into to troubled flooring firm 'Floors-2-go' for a third time. Midlands based Insolvency firm MB Insolvency have been appointed to deal...
Insolvency service cracks down on dodgy directors
The number of Directors disqualified in England, Scotland and Wales has risen sharply according to new figures released by the Insolvency service. The latest statistics...
Pre pack administrations to be reviewed
The long awaited government commissioned review of pre pack administration conducted by Teresa Graham has recommended that potential administrations are subject to investigation by...
Proposals could see bankruptcy period extended
Individuals declaring bankruptcy could be facing tougher measures by way of extended bankruptcy periods from 1 to 3 years if new proposals are accepted. R3,...
Directors to be held personally liable for company collapses
VINCE CABLE has outlined proposals to shake up the insolvency profession, including plans to make directors personally liable for corporate collapses.
