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Begbies Traynor Group
Date:
29/07/2022
Author:Begbies Traynor Group

Online retailers feel the pinch of accelerated consumer returns

Accelerated returns of goods purchased online, supply chain pressures, and soaring freight costs continue to squeeze profit margins in the fast fashion sector. Online retail was initially one of the p
Begbies Traynor Group
Date:
30/06/2022
Author:Begbies Traynor Group

UK travel sector’s summer boom hopes dimmed by strikes, infections and labour shortages

The UK’s much-anticipated summer travel revival risks descending into chaos as unions target airline strikes to coincide with school holidays while surging inflation and the cost of living crisis curb nascent demand recovery.
Begbies Traynor Group
Date:
27/06/2022
Author:Begbies Traynor Group

Care homes brace for winter financial headwinds

In the last two years the UK care home sector has become overburdened by financial, reputational and regulatory pressure, which threatens the survival of many businesses in the industry.
Begbies Traynor Group
Date:
21/06/2022
Author:Begbies Traynor Group

UK exports of goods to the EU surpass pre-pandemic levels, but volumes mask severe trade barriers

UK exports of goods to the EU accelerated for the third consecutive month in April, by £1.2bn or 8.1% compared to March, to reach £16.4bn, the highest volumes since the Office for National Statistics (ONS) data series began in 1997.
Begbies Traynor Group
Date:
20/06/2022
Author:Begbies Traynor Group

BTG Advisory – Arbitration Case Study – Complex Multiparty Dispute

The specialist team at BTG Advisory are experienced providers of Chartered Arbitrator services. Here we talk to Daniel Djanogly, Chartered Arbitrator and forensic accountant, about arbitration and a c
Begbies Traynor Group
Date:
30/05/2022
Author:Begbies Traynor Group

Inflation risks derailing the UK’s leisure and hospitality sector’s embryonic green shoots

The financial health of the UK’s leisure and hospitality sector remains in a precarious state. Since coronavirus restrictions were lifted entirely back in early 2022 the sector started to show early signs of recovery, with many optimistic for a covid-free summer season to come. But that optimism has waned.
Begbies Traynor Group
Date:
23/05/2022
Author:Begbies Traynor Group

The inflation puzzle: money printing and the devaluation of fiat currency

Inflation is at the heart of the post-pandemic economic malaise running throughout the global economy. Inflation has surged to multi-decade highs prompting central banks to ramp up monetary tightening and set out plans to unwind outsized balance sheets.
Begbies Traynor Group
Date:
18/05/2022
Author:Begbies Traynor Group

US recession risk climbing

The path to avoid a recession in the US, the world’s largest economy, is starting to narrow. Inflation remains red hot – the annual rate was 8.3% in April, compared to 8.5% in March, according to the US Department of Labor – while signs that the economy is weakening continue to mount.
Begbies Traynor Group
Date:
20/04/2022
Author:Begbies Traynor Group

Eviction moratorium expiry opens door to two years of unresolved rental debt disputes

The moratorium on commercial tenant evictions due to non-payment of rent during Covid-19 lockdowns expired last month (25 March), opening up a two-year backlog of unresolved rental debt disputes between landlords and tenants.
Begbies Traynor Group
Date:
20/04/2022
Author:Begbies Traynor Group

Begbies Traynor Group Offshore News

It is now almost 15 months since Begbies Traynor Group acquired CVR Global, and began its international expansion. The integration of the firms, together with that of David Rubin & Partners is wel
Begbies Traynor Group
Date:
13/04/2022
Author:Begbies Traynor Group

UK inflation soars, labour market tightens and retail sales lose momentum

The UK annual inflation rate surprised to the upside again with a new three-decade high CPI point of 7% in March, compared to 6.2% in February, according to new data by the Office for National Statistics (ONS) published on Wednesday 13 April.
Begbies Traynor Group
Date:
07/04/2022
Author:Begbies Traynor Group

Risk Watch Essentials - March 2022

The tables in the following link summarise data essentials captured from Rodgers Reidy's daily Risk Watch publication, which provides a synopsis of the insolvency market for March 2022 including: Wind
Begbies Traynor Group
Date:
28/03/2022
Author:Begbies Traynor Group

Chancellor promises to ease inflation as biggest fall in living standards since the 1950s looms

Chancellor Rishi Sunak promised to ease the burden of surging inflation across the UK economy in his Spring Statement yesterday with a series of headline-grabbing policies, as UK households were warned the biggest fall in living standards since the 1950s is looming.
Begbies Traynor Group
Date:
23/03/2022
Author:Begbies Traynor Group

Bank of England walks monetary policy tightrope: inflation fears trump recession risk for now

The Bank of England (BoE) raised interest rates for the third consecutive meeting last week, signalling to markets that taming inflation and containing second-round effects remains its priority. The Monetary Policy Committee (MPC) increased the base rate from 0.50% to 0.75%, resetting interest rates to pre-pandemic levels.
Begbies Traynor Group
Date:
15/03/2022
Author:Begbies Traynor Group

European airlines braced for oil shock impact after surviving pandemic turbulence

European airlines can expect an uneven recovery in air passenger demand this year as the industry calibrates recovering international demand with near-term geopolitical headwinds which have already caused fuel costs to spike, disrupted airspace access and increased currency volatility. There are downside risks to recent air traffic demand forecasts.