News
Latest news and press from TMA UK and our Sponsors.
03 Apr |
![]() Mid-sized businesses outperform FTSE and smaller businesses
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22 Feb |
![]() Auctioneer Bolsters Valuations Team with Senior AppointmentThe Nottingham-headquartered national auction house, John Pye Auctions, has reinforced its senior management team with the appointment of Chris Eckersley as its Head of Northwest Valuations. In his new role, Chris will be responsible for carrying... |
18 Jan |
![]() BREAL Zeta Industry Focus Paper – Steel 2023Welcome to the third in our series of BREAL Zeta Industry Focus Papers, ‘Recasting Steel – The Changing Role of the UK Steel Industry’, which features perspectives from our team and a distinguished panel of expert contributors. Steel is a critical... |
10 Oct |
![]() Former KPMG partner Neil Gostelow joins the BREAL Group’s Investment teamFormer KPMG partner Neil Gostelow joins the BREAL Group’s Investment team. We are delighted to announce that BREAL Group, the multi-disciplinary equity, lending and sales ledger advisory group, has appointed Neil Gostelow as Investment Director. |
15 Aug |
![]() Financial Pressures Remain for the Care Home SectorAvoiding permanent care home placement could be viewed as a means of delaying dependency as well as the ability of local health and social care services working together to reduce avoidable admissions. But when measuring quality, care home admission... |
09 Aug |
![]() Crypto Complexity in InsolvenciesCryptocurrencies are exerting growing influence on traditional international financial systems. In the US in October 2021, the SEC approved the first bitcoin ETF and, in doing so, gave investors exposure to cryptocurrencies in a regulated... |
22 Apr |
![]() Gordon Brothers Expands Capital Base to Over $1 Billion with New CPP Investments FinancingGordon Brothers, the global advisory, restructuring and investment firm, has received $300 million in financing from Canada Pension Plan Investment Board (CPP Investments) through its subsidiary CPPIB Credit Investments Inc., increasing the firm’s... |
22 Apr |
![]() Gordon Brothers Partners with IMG to Expand Laura Ashley GloballyGordon Brothers, the global advisory, restructuring and investment firm and owner of the British heritage brand Laura Ashley®, has partnered with IMG to expand the iconic fashion, home and lifestyle brand in a fresh, modern way in Europe, Australia,... |
01 Apr |
![]() Developments in insolvency, resolution and restructuring in financial servicesThe financial services sector faces a number of challenges, including post-financial crisis regulation, Brexit uncertainties and tech disruption. We explored the financial services landscape at a recent TMA UK event held on 16 March 2022 in... |
01 Mar |
![]() New Rules Provide Another Lifeboat for Rescuing SMEsAfter the British government announced an easing of COVID-19 restrictions and moving the country to a position of “living with COVID,” the full extent of the pandemic’s damage to UK businesses will come sharply into focus during the next 12-24... |
22 Feb |
![]() A closer look at the retail & leisure sectorsConsumer behaviour is continually changing, which has been brought into focus during the COVID-19 pandemic UK retail experienced robust demand in 2021, despite the continuing challenges posed by the COVID-19 pandemic. When lockdown restrictions... |
27 Oct |
![]() Gordon Brothers & JLL Expand Strategic AllianceGordon Brothers & JLL Expand Strategic Alliance to Provide Real Estate, Asset Optimisation & Capital to Businesses Operating in Spain & Portugal
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12 Oct |
![]() Landmark West Bromwich office site bought for residential developmentThe landmark office block Intersection House has been bought for a potential redevelopment by Claremont Property Group on behalf of Beyond Property Group. Leading global real estate advisor Colliers agreed the £4 million deal for the block and the... |
12 Oct |
![]() Stalled Sunbeam factory to restart residential conversionPlans to convert the former Sunbeam motorcycle factory in Wolverhampton can restart following the site’s sale to Paragon Living Space. The landmark 150,000 sq ft site which has been partially converted into residential apartments has been sold by... |
19 Aug |
WHAT ARE THE IMPLICATIONS OF RESTRUCTURING PLANS FOR DEFINED BENEFIT PENSION SCHEMES?The judgment in Re Virgin Active Holdings Limited [2021] EWHC 1246 has empowered the use of restructuring plans under Part 26A to the Companies Act 2006 (‘RPs’) to compromise the rights of unsecured creditors based on evidence that they would... |
17 Aug |
![]() The gloves are off: HMRC is gearing up to resume collection of tax arrearsThis follows my blogs posted last week about the significant accrual of PAYE and VAT arrears due to HMRC. Last week I also sought to draw some conclusions from the Financial Crisis 2008/9 about how HMRC might respond to the arrears built up during... |
22 Jun |
![]() Hotels & Hospitality - Life after Lockdown, 12 months onOn 17th June, Part 4 of our webinar series with Colliers saw a panel of experts discuss the reopening of the hotels and hospitality industry. Taking place one year after our first webinar with Colliers, “Hotels & Hospitality: The Road Out Of... |
21 Jun |
![]() We are delighted to welcome Colliers as a Large Company SponsorOn behalf of Paul Davies, TMA UK President we are delighted to welcome Colliers as a Large Company Sponsor. Colliers is a leading diversified professional services and investment management company. With annualised revenues of $3.0 billion and $40... |
16 Jun |
TMA UK are delighted to welcome RoundShield Partners as a corporate member.
RoundShield Partners is an independent private investment firm focused on European special opportunities. |
10 Jun |
![]() TMA UK welcomes new Large Company SponsorOn behalf of Paul Davies, TMA UK President we are delighted to welcome FRP Advisory Trading Limited as a Large Company Sponsor. FRP is a specialist business advisory firm with a strong reputation for providing solutions to create, preserve, and... |
03 Jun |
![]() Leveraging the insolvency moratoriumOur experts discuss the subject of our upcoming webinar Ahead of our upcoming Review. Adapt. Evolve. webinar: ‘Moratorium: a process for recovery,’ taking place on 8 June, we sat down with a panel from our Restructuring Advisory and FRP Transition... |
21 May |
![]() The Evolution of Consumer Brand InvestmentsHow a Global Pandemic & E-Commerce Accelerated the Conversion to an Asset-Light Model On 13th May TMA hosted a webinar in partnership with Gordon Brothers where Tobias Nanda and Nimit Shah of Gordon Brothers spoke about... |
04 May |
![]() The restructuring plan 10 months on - supported by FreshfieldsOn 28th April TMA UK, in partnership with Freshfields, hosted an insightful webinar where Richard Tett and Emma Gateaud of Freshfields’ Restructuring and Insolvency team discussed the new UK restructuring plan and the impact it has had on the... |
13 Apr |
Crown Preference – The End of Inventory Funding? Supported by KrollOn 8th April TMA UK hosted an insightful webinar where a group of expert panellists discussed the impact of Crown preference restoration on inventory funding and the implications for businesses funded by working capital facilities reliant on... |
04 Mar |
Impact of Brexit on applicable law in cross-border insolvenciesFrom 31 December 2020, the European Regulation on Insolvency Proceedings (the “EIR”) ceased to apply in the UK. As a result: The EIR provides the rules for when the law of the place in which the insolvency proceedings have been opened can be... |
19 Feb |
![]() Hilco Valuation Services Europe Hires Nick HughesHilco Valuation Services Europe (HVSE) and Hilco Real Estate Advisory UK and Europe whose service delivery includes, Machinery and Equipment, Stock and Inventory, Intellectual Property and Account Receivables are delighted to announce the... |
05 Feb |
![]() A different kind of NPL wave is on the wayThe UK Government and Bank of England’s (BoE) extraordinary monetary and fiscal support averted a full-blown UK corporate insolvency crisis last year. But a new wave of non-performing loans (NPLs) is merely delayed. For many corporates, the cost of... |
02 Feb |
Year End Review and 2021 OutlookYear End Review and 2021 Outlook |
02 Feb |
Six Nations CompetitionDry January has finished, February is upon us and that means it’s almost time for Round One of the Six Nations! Whilst we cannot attend six nations matches and celebrate over a few drinks together, we thought it would be good to reignite some... |
25 Jan |
BREAL Zeta has structured and delivered a £16m asset-based lending facility
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13 Jan |
![]() Five Retail Trends Post CovidIn this video, Nick Taylor, Senior Managing Director, International Retail at Gordon Brothers analyses the five key retail trends we are seeing post Covid and explores which habits are ‘sticky’ and which do we see changing in 2021 & beyond. Visit... |
04 Jan |
BREAL Zeta closes £90m deal in exceptional timesBefore 2020 draws to a close, we are delighted to announce that BREAL Zeta has just completed a £90m transaction. Rob Wakeford, Managing Director, UK Sales at BREAL Zeta, said: "These truly are exceptional times, which makes this deal completion... |
02 Dec |
Cryptocurrency – Not Just Physical Assets Require Recovery in InvestigationsOn 23rd November TMA in partnership with Kroll, a division of Duff & Phelps hosted an insightful webinar on the subject of cryptocurrency and how it can be recovered as part of a liquidation investigation. Three experts from Kroll’s Business... |
23 Oct |
BREAL Zeta delivers £6.2m ABL facility to help Turbine Efficiency propel future growthSpecialist asset-based lender, BREAL Zeta has completed a £6.2m funding facility for Turbine Efficiency Limited, an ESO Capital portfolio company. The facility will enable the business to deliver on its ambitious growth strategy. |
13 Oct |
BREAL Zeta supports acquisition of Oak Furnitureland with £25m ABL facility, saving 1,500 jobsThe asset-based lending facility, totalling £25m for an initial term of 18 months, comprised a £20m inventory line and £5m cash flow loan. An investor bought out the furniture retailer via a pre-pack administration deal following a sale process... |
23 Sep |
Offshore restructuringOn Wednesday 16 September 2020, Mourant kindly hosted a webinar on obtaining restructuring assistance in Cayman, the BVI and the Channel Islands. The discussion focussed on the type of assistance which can be obtained and the high degree of... |
16 Sep |
Embracing the NEW NormalAs the economic landscape continues to change and as discontinuity becomes default, we believe that the new environment will give opportunities for businesses to revisit their financing and capital needs building a platform to drive future growth.... |
07 Sep |
![]() SIA Group announces promotions to the Executive TeamSIA Group (SIA), a leading asset valuation, advisory and auction firm has promoted Ian Dyer and Mark Driscoll to its executive management team. The senior appointments not only recognise Ian and Mark’s achievements as leaders in the business, but... |
17 Aug |
Breal Zeta Half Year HighlightsThere is no doubt that the ensuing uncertainty created by the Covid-19 pandemic and its impact on the business environment in the first half of 2020 has created significant challenges for many SMEs. Whilst financial institutions have been inclined... |
30 Jul |
![]() Gordon Brothers Identifies Post Covid-19 Emerging Retail TrendsGordon Brothers, the global advisory, restructuring and investment firm, has released an article identifying key retail trends that are emerging post Covid-19, available at: https://gordonbrothers.co.uk/covid19-trends. As countries continue their... |
14 Jul |
![]() Staying on the Right Side of Wrongful TradingStaying on the Right Side of Wrongful Trading - Challenges and Risks Facing Directors in the Current Climate TMA UK, in association with Duff & Phelps and Kroll, a division of Duff & Phelps, hosted a webinar on 8th July where a panel of experts... |
10 Jul |
![]() CA Global Partners Inc. Appoints Dan Main as Director of Business DevelopmentLOS ANGELES, July 2, 2020 /PRNewswire/ -- CA Global Partners Inc. (CAGP) - A global leader in asset management and capital recovery, further expands its presence in the EMEA region with the appointment of Dan Main as Director of Business... |
12 Jun |
![]() SIA Group continues regional expansion with key appointment in BirminghamSIA Group is delighted to announce the appointment of David Ross MRICS as Head of Restructuring Services for its Birmingham Office, further strengthening its regional team. David brings extensive asset valuation and disposal experience to the fast... |
11 Jun |
![]() BREAL Zeta strengthens structuring team with new analyst appointmentBREAL Zeta strengthens structuring team with new analyst appointment
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26 May |
CORPORATE INSOLVENCY AND GOVERNANCE BILL – MAJOR INSOLVENCY REFORMS PROPOSEDThe Government on 20 May 2020 published the Corporate Insolvency and Governance Bill, which contains the most far-reaching reforms to UK insolvency law in over 30 years. The Bill has been introduced on an emergency basis in an attempt to ensure that... |
14 May |
![]() BREAL Zeta appoints Kevin Yates as Risk Director in latest high profile moveBREAL Zeta, the UK asset based lending specialist, today announces the appointment of Kevin Yates as Risk Director, the latest of a string of key appointments. Kevin will be responsible for BREAL Zeta’s risk management framework and for building on... |
07 May |
![]() How Can I Deal With Creditor Pressure During the Coronavirus Pandemic?The coronavirus pandemic has rendered entire industries unable to operate effectively, with businesses striving to retain cash simply to survive. Managing this escalating situation can be overwhelming for all of us and it is easy to feel powerless,... |
29 Apr |
BREAL Zeta fuels growth for Sonan Bunkers with $10m export receivables finance facilityBREAL Zeta Commercial Finance has structured a USD $10,000,000 export receivables finance facility to support the expansion of Sonan Bunkers (UK) Ltd. This transaction, which has an 18-month facility term, delivers more than double the quantum of... |
20 Apr |
![]() Coronavirus pushes financially distressed companies over the half-million markThe latest Red Flag Alert data for Q1 2020 found there were large numbers of UK businesses experiencing significant financial distress at the end of March 2020, with the overall figure now exceeding half a million for the first time. New research... |
16 Apr |
BREAL Zeta announces expansion in the North West with key appointmentsBREAL Zeta Commercial Finance has expanded its regional footprint in the North West, with the appointments of Annabel Todd, who takes up the position of North West Regional Business Development Director and Andrew Welden, who joins the business in... |
09 Apr |
COVID-19 - 8th April Webinar - RecordingTMA UK were delighted to have teamed up with their Corporate Sponsor, Herbert Smith Freehills to host their first online Webinar this week titled: COVID-19: Consideration from a restructuring, turnaround and insolvency perspective. Over 400+... |
23 Mar |
![]() Maintaining a positive mindset about your business during the current crisisNobody would deny that the current pandemic-induced situation is a worrying time for SME business owners but they should do everything they can to maintain a positive mindset. It helps to see if there are potential opportunities for either new ways... |
19 Mar |
Entering unchartered waters - Surviving the Economic impact of CoronavirusThe economic consequences of the Coronavirus epidemic have heavily impacted stock markets worldwide as investors quantify and manage the risks in underlying businesses often by quickly disposing of their investments. Whilst investors can liquidate... |
10 Mar |
![]() Why Time to Pay Arrangements Matter to Your BusinessWhen facing financial pressures, and where cash is a precious commodity, a Time to Pay (TTP) arrangement with HM Revenue & Customs (HMRC) can be a key component of a successful turnaround plan that preserves your clients’ futures and safeguards... |
02 Mar |
FREE WEBINAR: New Pension Schemes Bill: Game-changer for Debtors with DB schemesFREE WEBINAR: Game-changer for corporate refinancing, reorganisation and restructuring where Debtor has a DB scheme: New Pension Schemes Bill imposes far reaching sanctions and liabilities for directors, investors, lenders and advisors. The... |
24 Feb |
![]() Wells Fargo supports refinancing of AJ Walter AviationLONDON – February 21, 2020 – AJ Walter Aviation Limited, part of the AJW Group (AJW), the world-leading independent specialist in the global management of aircraft spares, closed a $70m senior secured credit facility with Wells Fargo Capital... |
04 Feb |
![]() PRESS RELEASE - Hilco Valuation Services Europe Hires Real Estate Veteran Edward JefferyLondon, UK – January 20, 2020 -- Hilco Valuation Services Europe and Real Estate Advisory Services UK and Europe are pleased to announce the appointment of Edward Jeffery as Associate Director of the Real Estate Advisory Services department. Mr.... |
29 Jan |
![]() Wells Fargo provides financing to Fortress for its acquisition of MajesticFinancing package to support UK’s leading specialist wine retailer LONDON – January 28, 2020 – Wells Fargo Capital Finance (UK) Limited, part of Wells Fargo & Company (NYSE: WFC), announced today that it provided acquisition and working capital... |
27 Jan |
High Court upholds strike out of fiduciary duties breach claimIn a recent decision the High Court has held that a financial institution which is alleged to have been a shadow director of its customer will not be liable for breach of fiduciary duty unless the breach is linked to an instruction or direction... |
11 Nov |
![]() Wells Fargo Capital Finance UK team Wins Asset Based Lender Deal of the Year from Insider MediaLONDON – October 31, 2019 – Wells Fargo Capital Finance (UK) Limited, part Wells Fargo & Company (NYSE: WFC), is |
04 Nov |
![]() Wells Fargo Capital Finance UK Strengthens its Originations TeamLONDON – October 31, 2019 – Wells Fargo Capital Finance (UK) Limited, part Wells Fargo & Company (NYSE: WFC), |
08 Oct |
![]() UK Shops Lie EmptyAccording to figures released under the Freedom of Information Act (FOI), 15.9% of all shops and retail outlets in the UK now lie empty. These figures quantify the scale of the challenge facing the UK high street after one of the toughest trading... |
18 Sep |
![]() Wells Fargo Capital Finance provides funding facility to Laura Ashley Prestigious lifestyle brandPrestigious lifestyle brand completes financing arrangement LONDON – September 17, 2019 – Wells Fargo Capital Finance (UK) Limited, part of Wells Fargo & Company (NYSE: WFC), announced today that it has provided an Asset Based Loan (ABL) to Laura... |
16 Sep |
![]() Partners announced at Manchester restructuring group’s Canary Wharf officeBTG Advisory, the boutique advisory arm of Manchester-based insolvency expert Begbies Traynor Group, has appointment four new partners to its London Canary Wharf office, as the advisory firm delivers on its growth ambitions and expands its corporate... |
03 Sep |
![]() The New Frontier: Cross-Border Asset Recovery Strategies Across Divergent MarketsExecutives from Gordon Brothers offer tips for recovery in this complicated global environment.As our economies become more and more global, we have entered a new era of cross-border transaction structuring. International lending and liquidation... |
08 Aug |
![]() Job Opportunity Gordon BrothersManager, Marketing Due to internal growth and promotion, we are looking for a generalist marketer to join our team in Europe. This is a great opportunity for someone who wants to be part of a growing, global firm who thrives on working in... |
06 Aug |
![]() The reputational benefits of acquisitionsIf your business has a comfortable financial footing and is at the point where it is seeking to increase its market share, you may consider a merger or acquisition to achieve this goal. By taking ownership of another business or its assets, you can... |
22 Jul |
![]() Wells Fargo Capital Finance to sponsor TMA UK Annual Conference 2019Wells Fargo Capital Finance, a unit of Wells Fargo Commercial Capital, provides comprehensive asset-based lending, supply chain finance, and technology finance to a wide spectrum of companies across the UK With offices in London, Birmingham, and... |
11 Jun |
![]() EU Updates its Blacklist of Non-Cooperative Jurisdictions in Taxation MattersOn March 12, 2019, the European Union (EU) updated the EU Blacklist of Non-Cooperative Jurisdictions in Taxation Matters (“EU Tax Blacklist”) and added 10 new jurisdictions to the list, including Aruba, Barbados, Belize, Bermuda, Fiji, the Marshall... |
10 May |
![]() Wells Fargo Capital Finance Provides New Financing Package to Bynder B.V.
LONDON – May 2, 2019 – Wells Fargo Capital Finance (UK) Limited, a unit of Wells Fargo Commercial Capital, announced today that it has provided a senior-secured credit facility to... |
08 May |
![]() Job Opportunity Gordon Brothers LondonCorporate Counsel – International Located in London Since 1903, Gordon Brothers has helped lenders, operating companies, advisors, and investors move forward through change. We bring a powerful combination of expertise, operational experience, and... |
01 May |
![]() Wells Fargo Capital Finance Supports Financing for essensysLONDON – May 1, 2019 – Wells Fargo Capital Finance (UK) Limited, a unit of Wells Fargo Commercial Capital, announced today that it has provided a senior-secured credit facility for essensys, which provides software to the global coworking industry.... |
30 Apr |
![]() Impact on Withholding Taxes in the Event of a No-deal BrexitOn March 20, 2019, HM Revenue and Customs (HMRC) published guidance on the impact a no-deal Brexit would have on withholding taxes for interest, royalties and dividends. Interest and royalties received from EU countries Currently, the EU Interest... |
25 Mar |
![]() Castle Square and Wells Fargo Capital Finance UK wraps up funding deal for CorrboardLONDON – March 20, 2019 – Scunthorpe based corrugated sheet manufacturer, Corrboard UK Limited, received a £12 million funding package from U.S. financial services company, Wells Fargo Capital Finance UK, a transaction that was sourced and advised... |
20 Mar |
![]() Scott Fuller Joins London Office as DirectorGordon Brothers Bolsters Global Valuation Practice with European Leadership Appointment March 20, 2019, London, United Kingdom – Gordon Brothers, the global advisory, restructuring and investment firm,... |
18 Mar |
![]() Does your bank understand tech companies?By James Cunnah, Wells Fargo Capital Finance Technology Finance UK and Matt Maclay, Wells Fargo Capital Finance, Technology Finance For software firms, access to capital can depend on experienced lenders who see value beyond traditional financial... |
26 Feb |
![]() Job Opportunity at Beer & Young Ltd: We’re seeking Associates to grow our team.Are you looking to use your wealth of commercial experience to move into a flexible, self-employed, home-based role? Are you the type of person who has the right skillset to help find capital for SMEs? We are looking to grow our team of Associates,... |
21 Feb |
New book charts turnaround management’s journey and plots path aheadOne of the most experienced and respected figures in global turnaround management is examining the major developments in the sector over the past 25 years in a new book. Alan Tilley, the founder and chairman of UK restructuring firm BM&T European... |
17 Jan |
Data Protection Predictions 2019
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14 Jan |
A look at the UK’s data protection law in a no-deal Brexit situationWe previously reported on Brexit's impact on data protection here and here. Shortly before Christmas, the draft Data Protection, Privacy and Electronic Communications (Amendments etc) (EU Exit) Regulations 2019 ("Exit Regulations", available here)... |
04 Dec |
![]() The UK Government Moves on PlasticsThe global waste industry has been thrown into turmoil as China halted its import on almost all categories of plastic and poor-quality cardboard and paper. The ban on imports of millions of tons of plastic waste – which came into effect in January... |
27 Nov |
![]() Homebase Completes Refinancing with Wells FargoLondon, 26 November 2018: Homebase, one of the UK’s leading home improvement and garden retailers, is pleased to confirm it has secured an asset-based lending facility of up to £95 million with Wells Fargo Capital Finance, part of Wells Fargo &... |
27 Nov |
![]() High Street WoesThere are few sectors where the effects of the faltering UK economy have been more starkly visible than the retail sector. It seems that every day the media presents another story about a high street name facing financial difficulty. There are a... |
20 Nov |
![]() John Pye and Sons - TRI AWARD WINThe UK’s largest independent auction house, John Pye, has been crowned Asset Valuer / Auctioneer of the Year for the fourth consecutive year as well as picking up a separate accolade Property Valuation Provider of the Year for the first time at the... |
06 Nov |
ReSolve invests in The Debt AdvisorReSolve is pleased to announce its investment in The Debt Advisor Limited, a long established debt management and insolvency practice based in Manchester. This represents another step in ReSolve’s growth strategy and geographic expansion. Both... |
11 Oct |
CRISIS IN THE CASUAL DINING SECTORIn 2017 the number of UK restaurants going into administration jumped by 20% to almost 1000 as major chains came under pressure from rising costs and competition amid a squeeze on consumer spending. The pain has continued throughout 2018 as a... |
21 Aug |
Navigating your way through a trade warRichard Carter, CEO for Europe & Asia at Bibby Financial Services, discusses trade wars, and how SMEs can limit the damage of increasing tariffs. The topic of trade wars is occupying the conversations of governments all over the world. This year... |
07 Aug |
Have low interest rates encouraged us to live beyond our means?Latest data released by ONS (Office of National Statistics) shows that UK households have seen their outgoings surpass their income for the first time in nearly 30 years. But what is driving this behaviour to apparently borrow more and save less? ... |
30 Jul |
![]() Constructing Opportunity for Asset Based LendersAssessing the opportunities and risks for asset-based lenders serving the construction and building materials industry Written by Neal Weekes, Director, Gordon Brothers The past ten years have seen overall growth in the UK construction industry.... |
03 Jul |
![]() Cycle shop owner turns to re-financing loan to push his business to the next levelA Yorkshire cycle shop owner is gearing up for a bright future after completing on a re-financing deal with specialist lender, Together. Securing the £227,000 loan means Jon Dean, owner of cycle shop, CycleStreet has been able to clear his current... |
29 May |
What next for the UK High Street?The recent announcement by Mothercare of plans to reduce its store portfolio by closing 50 outlets with the potential loss of 800 jobs make it the latest casualty on a long-suffering UK High Street. This year has already seen the collapse of Toys R... |
04 May |
The £400 million cost of sleep to the care sectorMany charities and commercial providers in the care sector provide overnight support to people in need: the elderly, vulnerable and those with learning difficulties. When the national minimum wage was introduced in 1999, government guidance said... |
24 Apr |
Competition for funding key concern for UK charitiesIncreased competition for funding continues to be a major challenge for charities, highlighting pressure on cashflow and future services which could hit those most in need across the UK. The statistics, taken from RSM’s Funding and Functionality... |
19 Apr |
![]() UK Car Dealers Cannot Rely on Manufacturers IndefinitelyDealer networks with high exposure to new cars on the forecourt may need to act now to protect cash flow. Managing Directors Michael Bills and Benjamin Wiles, and Director Bob Tallentire, share their views on the current state of the UK Car... |
13 Apr |
ReSolve article - 1000 restaurants and 1500 pubs a year…In 2017 the number of UK restaurants entering insolvency jumped by 20% to almost 1000, as independent operators and major chains alike succumbed to pressure from rising costs and over-supply, amid the squeeze on consumer spending. The pain has... |
12 Apr |
![]() BTG on fraud preventionIn 2017, 3 in 10 UK law firms were affected by cyber attacks. Last year saw the spotlight on ‘Friday afternoon fraud’, a conveyancing scam that targets solicitors’ email accounts and, according to the SRA, cost the legal profession at least £7m in... |
20 Mar |
Funding and functionality: the ongoing challenges of charity financeThe majority of charities have managed to come through a tough decade, if not unscathed, certainly unbowed but the potential hurdles they face over the next one are lining up. These include data protection rules, increased regulation of fundraising,... |
27 Feb |
Is plastic on the way to extinction?In December 2017, our Consumer Markets team issued several predictions for the retail, dining and travel sectors in 2018. We predicted a 'Blue Planet 2' effect which would result in businesses cutting the use of plastics in packaging and serving... |
22 Feb |
How has Turnaround changed over the last ten years?The TMA asked me to consider what has happened over the last ten years so far as concerns Turnaround. There will be many anniversaries this year most of which will probably go unnoticed. In the world of economics and finance, however there is one... |
09 Feb |
RSM Winner of Consulting and Corporate Advice Firm of the Year at Alt-Fi awardsRSM is delighted to have been announced as ‘Consulting and Corporate Advice Firm of the year ’ in the 2017 Alt-Fi awards. To view the full article please click here |