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What is a commercial rent review?
May 14th 2019

Commercial rent reviews were originally introduced after the Second World War, when inflation levels were high. At that time leases were of a longer duration, typically more than 20 years, and landlor…

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What is a Time to Pay (TTP) breach?
May 13th 2019

Time to Pay arrangements (TTPs) enable businesses to pay off arrears of tax and National Insurance over an extended period of time, limiting HMRC penalties and allowing for recovery of commercial mome…

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What is a Validation Order in business?
May 12th 2019

When a company is subject to a winding up petition, an advertisement is placed in the Gazette to alert other creditors. Once the petition becomes public knowledge, the banks typically freeze the busin…

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Eighty jobs saved with £1m sale of engineering business
South Yorkshire company Newburgh Precision rescued through administration
Sale enables 75-year-old business to continue trading
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