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Industry


Expansion on track for Harrisons

In line with its expansion plans, Harrisons Business Recovery and Insolvency is moving its Reading division to larger premises in the centre of the town’s business district. Read full story


SMEs looking forward to 2014

SME owners are approaching 2014 with optimism following strong economic performances in 2013, according to new research from independent business funder, Bibby Financial Services. Read full story


Obituary: Jeremy Bowden

Jeremy Bowden, a Birmingham-based insolvency practitioner, has passed away after a prolonged battle with cancer. Read full story


Retail administrations fall in 2013

The number of retail companies entering administration fell 6% in 2013 compared with 2012, according to new research from Deloitte. Read full story


KPMG collects engineering administration

A Solihull-based engineering services firm has entered administration, with KPMG appointed as administrators. Read full story


Athene Publishing raises £37,000 for charity in 2013

Credit Today and Insolvency Today publisher Athene Publishing has paid tribute to the generosity of its readers and delegates who have raised more than £37,000 through the company’s charity initiatives in 2013. Read full story


IPA appoints new deputy vice-president

Insolvency membership body and regulator The Insolvency Practitioners Association (IPA) has announced the appointment of Maureen Leslie as its next deputy vice-president. Read full story


New insolvency director for law firm

Commercial law firm Walker Morris has announced the appointment of a new director in its Restructuring & Insolvency Group. Read full story


London leads in individual insolvency levels

New figures from The Insolvency Service show 77% of English and Welsh parliamentary constituencies saw a decrease in individual insolvency rates between 2011 and 2012. Read full story


FCA slaps Lloyds with largest ever fine for retail failings

Lloyds Banking Group has been hit with a record £28m fine by the regulator for “serious” sales incentive failings. Read full story


Insurance underwriter enters administration

A London-based insurance firm with over 19,000 UK policyholders has become the first insurer to enter administration since 2009. Read full story


Begbies results reflect corporate insolvency decline

Begbies Traynor has reported a 15.5% year-on-year fall in revenues and a 34% drop in profits before tax in its half year results to 31 October. Read full story


Success for KPMG at Institute of Turnaround Awards

The restructuring team of international accountancy firm KPMG enjoyed a night of success at the 2013 Institute of Turnaround (IFT) annual awards ceremony. Read full story


Autumn Statement: Business rates capped and relief for SMEs

Chancellor of the Exchequer George Osborne has placed a cap on business rates at 2% in today’s (5 December) Autumn Statement. Read full story


Quantuma acquire former RSM Tenon insolvency practices

The insolvency arms of RSM Tenon located in Brighton and Marlow, acquired by Baker Tilly in August, have been sold to Quantuma Restructuring. Read full story


FRP Advisory expands with former RSM Tenon hires

FRP Advisory has expanded its operations into Scotland with three new offices and 28 new staff. Read full story


CFA chief executive wants ‘informed debate’ on payday lenders

The chief executive of the Consumer Finance Association (CFA), Russell Hamblin-Boone, has called for an ‘informed debate’ about the short term lending industry. Read full story


Bank of England shifts Funding for Lending to ‘neutral’

The Bank of England (BoE) has today announced its Funding for Lending Scheme (FLS), launched 18 months ago, is to be scaled back by excluding mortgage lending from January 2014. Read full story


Corporate insolvency in large firms halved

Corporate insolvency rates for large UK firms fell by over 50% in October, according to the latest figures from Experian. Read full story


Deloitte appointed to Yellow Pages parent

Administrators from Deloitte have been appointed to the embattled parent company of Yellow Pages, hibu plc. Read full story