Begbies Traynor Group

Key players in construction gathered for an important debate, sponsored by The Save Construction Initiative and Begbies Traynor Group and hosted by Watson Farley & Williams, exploring what can be done to tackle the industry’s mounting insolvency crisis and to disrupt the payment culture at the heart of it. 

The UK Autumn Budget has intensified financial pressures on the private care home sector, already weakened by chronic underfunding and staffing shortages. Higher employer National Insurance Contributions (NICs) and a rise in the National Living Wage (NLW) will impose significant additional costs, threatening a fresh wave of closures.

Rock band Limp Bizkit’s lawsuit against Universal Music Group (UMG) is a high-profile, decades-long contractual dispute that alleges deliberate royalty concealment, financial mismanagement, fraud and breach of contract by one of the world’s largest record labels.

632,756 UK businesses are in ‘significant’ financial distress, up 5.1% on the prior quarter (Q2 2024: 601,950) and 32.3% higher than Q3 2023 (478,176)

The Restructuring Round Up dives into the world of corporate restructuring. Join our panel of experts as we explore the latest trends, challenges and strategies across diverse sectors. With in-depth discussions featuring industry experts, professional leaders and business advisors.

At the heart of the dispute is whether Mbappé was entitled to leave PSG on a free transfer at the end of his contract. Despite a record-breaking contract offer in 2022, unmet expectations regarding signings and miscommunication about contract terms eroded trust.

Volatility rippled through global markets at a breakneck speed in early August. An unexpected Bank of Japan (BOJ) interest rate hike on 31 July sparked an 8% rally against the dollar, triggering an unwinding of the yen-funded “carry trade”, where investors borrow interest-free in yen to invest in high-yielding assets globally.

The global aviation industry is set for record revenues, passengers and expenses in 2024, underscoring a fragile profitability amidst ongoing political, economic, supply chain and geopolitical risks.

The Securities and Exchange Commission (SEC) cleared the path for the eventual launch of the US exchange-traded funds (ETFs) that invest directly in ether tokens, the second-largest cryptocurrency, marking another significant milestone for the industry.

The UK manufacturing sector is indicating signs of a recovery, driven by increased domestic demand that has boosted output and new orders.

This explanatory overview is for business people contractually drawn into a required expert determination procedure for commercial disputes but who are unfamiliar with the process. Caveats apply (see below).

A serialised guide to some concepts and features encountered in the world of offshore insolvency......

The electric vehicle (EV) industry is experiencing a difficult period. Amid a backdrop of fluctuating demand projections, automakers and suppliers must navigate high interest rates, dwindling subsidies, production plant disruptions, and the persistent issue of range anxiety, exacerbated by perceived gaps in charging infrastructure.

The financial services industry is undergoing a significant transformation driven by three key forces: the rise of Environmental, Social, and Governance (ESG) considerations, the disruptive influence of artificial intelligence (AI) and fintech, and a continuously evolving regulatory environment.

The UK’s private sector care home industry is in a precarious state. Years of underfunding, a post-pandemic surge in demand, and chronic staff shortages threaten the quality of care and have pushed some independent providers to the brink.