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Industry


Profile: John Alexander

John Brazier talks to John Alexander on retirement, fake jewel heists, and rewriting the rulebooks. Read full story


13 year ban for financial advisor who misled investors

A London-based director and financial advisor has been disqualified for 13 years for misleading investors. Read full story


Weekly moves

A round-up of new hires and moves within the insolvency and restructuring industry Read full story


Wine boss banned for nine years

The director of a wine investment firm has been disqualified from acting as a company director for nine years. Read full story


Banks forced to refer rejected SMEs to alternative lenders

Britain’s high-street banks, when refusing loans to small and medium-sized firms, will be forced to help them find alternative sources of finance, according to George Osborne. Read full story


Updated: Creditor losses soar in Q1 2014

The level of losses to creditors has soared to £119.6m during the April to June period in 2014, while director disqualifications have also increased, according to research from Zolfo Cooper. Read full story


Weekly moves

A round-up of new hires and moves within the insolvency and restructuring industry Read full story


Personal insolvencies increase in Q2 through IVAs

The level of personal insolvencies in England and Wales during Q2 2014 (April-June) increased 5.1% since Q1 2014, according to official statistics from The Insolvency Service. Read full story


Interest rate rise will cost Brits £7.6bn

Increasing interest rates by 1% would cost UK individuals an extra £7.6bn in borrowing costs in the next year, according to research from Moore Stephens’ restructuring and Insolvency team. Read full story


RBS posts largest profits since bailout

The Royal Bank of Scotland (RBS) has today (25 July) announced in an interim statement it expects pre-tax profits of £2.65bn for H1 2014, the largest since its taxpayer bailout in 2008. Read full story


Scottish insolvencies jump 36%

The number of Scottish corporate failures has increased 35.9% year-on-year during Q2 2014. Read full story


PayPal to launch SME funding

International e-commerce business PayPal will offer funding to UK small businesses later this year. Read full story


SME risk levels on the rise

UK businesses have experienced a 34% increase in levels of ‘significant financial distress’, according to the latest Begbies Traynor Red Flag Alert. Read full story


Insolvency Service on target in 2013/14

The Insolvency Service has announced it has met all of its published targets in its 2013/2014 annual report, published yesterday (17 June). Read full story


SMEs wait longer for payment than biggest companies

Small businesses are forced to wait an average of 23 days longer for payment by customers than the biggest businesses, says ABFA. Read full story


Companies House data to be made freely available

Companies House has announced that as of Q2 2015 it will make of all its digital data available free of charge. Read full story


Alternative investment firms shut down

Two London-based alternative investment firms have been ordered into liquidation by the High Court. Read full story


Not so nice beside the seaside

Coastal areas of England and Wales have the highest levels of personal insolvency, according to latest figures from the Insolvency Service. Read full story


Duff & Phelps acquires Irish restructuring and insolvency division

Duff & Phelps has announced the acquisition of the restructuring and insolvency division of Irish-based RSM Farrell Grant Sparks (RSM FGS). Read full story


Weekly moves

A round-up of new hires and moves within the insolvency and restructuring industry. Read full story