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Company News

Jitters for landlords as election giveaways are announced

As polls continue to indicate that neither of the two main parties has pulled ahead in the battle for Number 10, a number of populist property related giveaways were announced over the weekend.
Posted on 28th April 2015 @ 11:17AM

Moorfields appointed Administrators over Pub/Restaurant Chain in the South East

Simon Thomas and Nick O’Reilly of leading restructuring and insolvency firm, Moorfields Corporate Recovery Ltd, were appointed Joint Administrators over Mountain Range Restaurants Limited on 1 April 2015.
Posted on 13th April 2015 @ 4:14PM

The new benefit of social media for Insolvency Practitioners

As part of the process of investigating the affairs of bankrupts and rogue directors, Insolvency Practitioners have always been able to peruse the Bankrupts notifications on Facebook, Twitter and other social media websites. Now, Insolvency Practitioners have the power, when the bankrupts are not co-operating, to notify Bankrupts of orders made against them by simply posting court orders on their…
Posted on 7th April 2015 @ 2:52PM

It has recently been announced by the Government that changes are due to come into effect to reduce the number of individuals entering Bankruptcy

The changes will allow approximately 3,600 more people a year with problem debt to enter into a Debt Relief Order (DRO) – a low cost alternative to bankruptcy for those with very low assets and income and debt which they are unable to pay. The maximum amount of debt that can be covered by these plans will increase from £15,000 to £20,000.
Posted on 1st April 2015 @ 3:19PM

Moorfields appointment Administrators over a Franchised Outlet of a Major Coffee Shop Brand

Simon Thomas and Nick O’Reilly of leading restructuring and insolvency firm, Moorfields Corporate Recovery Ltd, were appointed Joint Administrators over Smith Retail Limited t/a Lavazza Espression UK & Ireland on 2 March 2015.
Posted on 31st March 2015 @ 4:17PM

Insolvency Legislation Vs Employment Rights

Politicians have this week called for employees to be given better rights under the Insolvency Act, following the recent Administration of City Link.
Posted on 31st March 2015 @ 3:16PM

The average UK household will have unsecured debts of £10,000 by the end of next year, according to a report prepared by a leading accountancy firm

The figure includes spending on credit cards, bank borrowing and student loans, but excludes securing borrowing.
Posted on 27th March 2015 @ 10:04AM

Moorfields appointment Liquidators over a Music Retailer in West Sussex

Simon Thomas and Arron Kendall of leading restructuring and insolvency firm, Moorfields Corporate Recovery Ltd, were appointed Joint Liquidators over Beyond The Sea Limited on 5 March 2015.
Posted on 16th March 2015 @ 3:37PM

Dramatic Court fee rises set to change the litigation landscape from 9 March. What effect will this have on the business world?

The recent announcement that Court fees are set to rise has much of the legal and business world talking. Is litigation doomed? Are the new fees prejudicial towards those without access to piles of cash? Moorfields provides their opinion on the impact on the market and how this might affect individuals and SMEs.
Posted on 5th March 2015 @ 4:31PM

A number of issues were raised in this morning’s article “Banks accused of being too cosy with receivers” The Time, Business, 5 March 2015

The apparent astonishment expressed by Adrian Bailey MP regarding “unregulated receivers” working in banks might seem slightly misconceived. However, similar views held by the public at large are damaging to the licensed insolvency profession.
Posted on 5th March 2015 @ 4:27PM
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Business Insights

Do businesses need help with commercial bills?

New research from an energy and water consultancy has suggested that many businesses in the UK are lacking the skills needed to pay commercial utility bills.
Posted on 11th May 2015 @ 2:58PM

Can small businesses do more to enhance their green credentials?

While environmental considerations may not be at the forefront of the minds of business owners, making a company greener could actually have long term benefits.
Posted on 8th May 2015 @ 2:58PM

SMEs believe simplified tax system could boost UK exports

Small businesses in the UK believe that a simplified tax system will play a vital role in encouraging greater export growth.
Posted on 7th May 2015 @ 2:57PM

SME’s reveal business drops in run-up to election

Political uncertainty has led to a slowing down of business markets and investment activity, according to Hitachi Capital Invoice Finance.
Posted on 6th May 2015 @ 2:57PM

How small businesses can save their finances

Finances are the driving force behind any business and it is to be expected that bosses and entrepreneurs will be keen to save money wherever possible.
Posted on 5th May 2015 @ 9:29AM

How late payment issues are affecting SMEs

Managing the cash flow of a business is an essential part of the daily running of a firm, but it is made more difficult when contractual terms are not met.
Posted on 1st May 2015 @ 11:09AM

How training and development can breed business success

With many firms revealing that a lack of skilled workers is holding them back, looking into workplace training and development could aid success in the long term.
Posted on 30th April 2015 @ 11:08AM

Why start ups should seek early expert advice

Many small businesses in the UK fail to take advantage of professional services during their early days, leaving many counting the cost of expensive mistakes, new research has revealed.
Posted on 29th April 2015 @ 4:35PM

Insurance woes mean SMEs could be breaking the law

A quarter of SMEs could be breaking the law as employers and owners are unaware of or do not understand their legal obligations, according to research from Aviva.
Posted on 28th April 2015 @ 4:01PM

Business owners reveal election concerns

Many decision makers in the UK’s small businesses have voiced concerns over the outcome of the general election, new research has revealed.
Posted on 27th April 2015 @ 3:37PM
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