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Industry


A&J Menswear collapses

Clothing and footwear retailer A & J Menswear entered into administration just three days after Christmas, with BDO LLP appointed to handle the process.

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Season's greetings from Insolvency News

Insolvency News and Insolvency Today Magazine would like to wish all our readers a merry Christmas and a happy New Year. 

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UK's largest IP body criticises calls to create single regulator

Calls to create a single regulator to monitor the insolvency profession have been criticised for their lack of feasibility by the ICAEW.

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Regulators and IPs at loggerheads with creditors over industry reforms

Insolvency regulators and practitioners are at loggerheads with creditors over the proposed industry reforms.

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Insolvency Service: 'Strong support' for single regulator

Edward Davey MP set out his vision for boosting confidence in the insolvency industry today, noting ‘strong support’ for a single regulator.

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Begbies to restructure Football League advisory firm

A football disciplinary specialist championed by Manchester United manager Sir Alex Ferguson has been restructured “to account for changes in football’s disciplinary system”, with Begbies Traynor appointed to handle the process.

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Prontaprint and Kall Kwik enter administration

Nationwide design and print group Prontaprint has slipped into administration, with Deloitte appointed to handle the process.

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Debt management firm to be liquidated

A debt advice business has gone into liquidation after suffering a drop in take-up by IPs for its IVA cases.

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Waitrose supplier slips into administration

A ‘nutritious’ children’s snack food producer and supplier to leading supermarkets has gone into administration, with Moore Stephens LLP handling the case.

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Insolvency Service plans rules overhaul

The Insolvency Service (IS) is planning to overhaul the current set of Insolvency Rules in a bid to make them more “structured”.

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British jewellery chain enters administration

The owners of troubled high street jewellery chains HPJ and Jewel Nation have gone into administration, with Moorfields Corporate Recovery LLP handling the process.

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Begbies declares falling revenues

Begbies Traynor Group today announced first half pre-tax profits nudged up by a negligible amount in the face of falling revenues.

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60 jobs go as North West engineering group fails

More than 60 jobs have been lost after an engineering firm in the North West succumbed to administration, with Grant Thornton appointed to handle the process.

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Hogan Lovells appointed for Peacocks' lenders

Hogan Lovells has been appointed to represent the consortium of lenders in the restructuring of embattled retailer Peacocks.

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"Bankruptcy, I'll ave ee": West Country insolvencies soar

Individuals in the West Country are at the greatest risk of bankruptcy, according to the latest statistics released by the Consumer Credit Counselling Service (CCCS).

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RBS failures centre on six points

The Royal Bank of Scotland’s (RBS) catastrophic failure can be blamed on a combination of six factors caused by “multiple poor decisions”, the Financial Services Authority (FSA) has concluded.

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Inquiry to consider Insolvency Service role

The ‘role and function’ of the Insolvency Service (IS) will come under the spotlight at the Commons Select Committee next year.

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HMRC confirms new CEO

HM Revenue & Customs (HMRC) has confirmed the current permanent secretary of the Department for Transport as its new chief executive officer.

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BDO's profits tumble for recovery division

Operating profits for BDO’s recovery division have plummeted by almost 50%, according to its latest financial report.

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PwC rolls in to Scottish printers

Long-standing Scottish printer Stewarts of Edinburgh has gone into administration, with PricewaterhouseCoopers appointed to handle the case.

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