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So far Viv1 has created 133 blog entries.

Ensuring the Safety of Your Savings: Understanding the Bank of England’s Measures for Depositor Protection

Economic uncertainty seems to be a talking point quite a bit in the modern age and as such, if you have some savings tucked away for a rainy day, you are going to want to make sure that they are safe. In order to reassure people that their savings would be safe and keep everything [...]

By |2023-10-11T12:45:11+01:00October 11th, 2023|Legal Updates|Comments Off on Ensuring the Safety of Your Savings: Understanding the Bank of England’s Measures for Depositor Protection

Case Study: Wilko to Close ‘Majority of Stores’ with Loss of Thousands of Jobs

There are a number of businesses out there that have been struggling recently as the pandemic, the cost of living crisis and political uncertainty are making economic consistency harder to achieve. A well-known and much-loved company who is feeling these detrimental effects is High Street giant Wilko, who announced recently that they are set to [...]

By |2023-09-28T08:27:27+01:00September 28th, 2023|Industry News|Comments Off on Case Study: Wilko to Close ‘Majority of Stores’ with Loss of Thousands of Jobs

Unpacking the Collapse: Understanding the Factors Behind Tuffnells Parcels Express Bankruptcy and Its Impact on the UK Job Market

In what is proving to be an incredibly difficult year for businesses across the UK, the delivery company Tuffnells Parcels Express has recently declared bankruptcy. The company has collapsed as a result of fierce competition and a steady increase in costs which has made its means of doing things borderline impossible to keep up with. [...]

By |2023-09-25T12:37:41+01:00September 25th, 2023|Legal Updates|Comments Off on Unpacking the Collapse: Understanding the Factors Behind Tuffnells Parcels Express Bankruptcy and Its Impact on the UK Job Market

Cybersecurity and Data Protection: Obligations for Companies Under the Companies Act 2006

There are many different risks that businesses and business owners need to keep at the forefront of their minds on a day-to-day basis. One of the growing problems is cyber risk, which is becoming more and more of a factor for growing organisations. 9 out of 10 businesses recently surveyed have found that there are [...]

By |2023-09-12T12:22:54+01:00September 12th, 2023|Industry News|Comments Off on Cybersecurity and Data Protection: Obligations for Companies Under the Companies Act 2006

Maximising Recovery: Tips for Creditors in Insolvency Proceedings

It’s normal for organisations to find themselves in financial difficulty and when this happens, people who are owed money by said businesses are likely to suffer to some extent. This is especially the case when a creditor is unsecured as they are last in line to be paid once an organisation goes into liquidation. If [...]

By |2023-09-12T12:13:17+01:00September 12th, 2023|licensed insolvency|Comments Off on Maximising Recovery: Tips for Creditors in Insolvency Proceedings

How Company Voluntary Arrangement Becomes Redundant Due to Change in Insolvency Laws

After figures surrounding insolvency were released last year, it looks as though the reintroduction of Crown Preference is on the horizon. This reintroduction could wreak serious damage on company rescues and make the company's voluntary arrangement completely redundant. This is going to be discussed in more detail throughout the below article. What Is a Company's [...]

By |2023-08-28T13:59:46+01:00August 28th, 2023|Liquidation|Comments Off on How Company Voluntary Arrangement Becomes Redundant Due to Change in Insolvency Laws

Impact of Inflation on Small & Medium Businesses in the UK

The UK economy is struggling at the moment for a number of different reasons but one of the largest contributing factors is the increased rate of inflation. The UK is currently experiencing an incredibly high rate of inflation and this is having an impact on organisations and businesses everywhere. So, with that in mind, it’s [...]

By |2023-08-22T05:36:56+01:00August 22nd, 2023|Industry News|Comments Off on Impact of Inflation on Small & Medium Businesses in the UK

Mergers and Acquisitions: Considerations and Regulations under the Companies Act 2006

The Companies Act 2006 (CA 2006) is the main piece of legislation that governs transactions relating to mergers and acquisitions in the UK. The CA 2006 sets out several requirements such as shareholder approval and the need to make a fair offer to the target company's shareholders. In the following article, we’ll take you through [...]

By |2023-08-16T02:36:08+01:00August 16th, 2023|Industry News|Comments Off on Mergers and Acquisitions: Considerations and Regulations under the Companies Act 2006

Why Skills Training UK on Brink of Insolvency?

There is no escaping the fact that a variety of different businesses, both big and small, suffer from various problems in their lifetime. One of these at the moment is the high-profile independent trading provider, Skills Training UK, as it was reported recently that they are set to collapse. Who Are Skills Training UK? Skills [...]

By |2023-08-08T03:26:38+01:00August 8th, 2023|Industry News|Comments Off on Why Skills Training UK on Brink of Insolvency?

Accounting and Reporting Requirements under the Companies Act 2006

The Companies Act 2006 (CA 2006) is the primary legislation governing the formation, operation, and dissolution of companies in the United Kingdom. The CA 2006 sets out a number of requirements for the accounting and reporting of companies. In the following article, we’ll take you through these requirements, which include the preparation of annual accounts, [...]

By |2023-07-31T09:20:36+01:00July 31st, 2023|licensed insolvency|Comments Off on Accounting and Reporting Requirements under the Companies Act 2006
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