Begbies Traynor Group

Insolvencies across the UK hospitality sector continue to trend upwards, reaching a new high in March and representing 14% of all business failures across the UK economy, according to government data.

A serialised guide to some concepts and features encountered in the world of offshore insolvency.
Bonds are essentially IOUs issued by companies or governments to raise capital: investors buy bonds from the issuer company, becoming creditors who then receive periodic interest payments.

Global air travel demand has recovered to within 1% of pre-pandemic levels in the year to November 2023, underscoring consumer resilience despite higher ticket prices and tighter economic conditions.

A serialised guide to some concepts and features encountered in the world of offshore insolvency.
Agents, and, more specifically, Registered Agents are the topic of the first article in this series.

The global sports industry faces a diverse set of challenges over the remainder of this decade. Football follows the money, and as the game finds new deep pockets among the Middle Eastern Gulf states and United States, the structure of the game will continue to evolve.

The US Securities & Exchange Commission (SEC) has approved 11 spot Bitcoin exchange-traded funds (ETFs), capping a decade-long effort to secure regulatory approval that will integrate mainstream finance with the burgeoning $1.7tn digital assets sector.

What happens when only one director wants to apply for an Administration Order?

With Christmas just around the corner, new data from leading insolvency firm, Begbies Traynor, covering the first 10 weeks of Q4 2023 (1 October to 14 December), has revealed the full impact of the current economic environment on the retail sector in the UK.

The UK’s SME manufacturing businesses are in the crosshairs of several inter-connected macro and supply chain disruptions, casting a shadow over their near-term financial outlook and potentially posing a serious solvency risk.

The latest Begbies Traynor “Red Flag Alert” report, which has provided a snapshot of British corporate health for the past 15 years, paints a worrying picture for UK businesses as nearly 40,000 companies are revealed to be in a critical financial situation as the pressure of higher interest rates, resilient inflation and weaker consumer confidence take their toll.

Liquidators successfully secure disclosure order against Alla Nicolayevna Babenko