What does Brexit mean for manufacturing in the Midlands?
February 4th 2021
The Brexit deal has provided welcome relief from uncertainty for many UK businesses, but for manufacturers in the Midlands it is a crucial boost to confidence. This is a major sector in the area and would have been badly affected by a ‘no deal’, so what d
Begbies Traynor Appointed as Proposed Administrators for Tucan Limited
February 2nd 2021
Specialist tour operator and travel agency Tucan Limited has ceased trading with the immediate loss of nine jobs. The company filed a notice of intention to appoint Gareth Prince, Mark Malone and Joan…
630,000 UK businesses now in significant financial distress as new lockdown comes into effect
January 21st 2021
The latest Red Flag Alert research for Q4 2020 has recorded 630,000 businesses in ‘significant distress1’ after the largest numerical quarterly leap (73,000) in financially distressed companies since Q2 2017. This 13% increase (from 557,000 in Q3 2020) co
Begbies Traynor Group plc (the "group"), today announces that it has completed the acquisition of CVR Global LLP (“CVR”).
January 18th 2021
Highlights of the acquisition Represents the largest insolvency acquisition the group has undertaken to date Delivers a significant expansion of the group’s scale in London and the South of England…
Moratorium on Statutory Demands and Winding Up Petitions Extended by Government
January 11th 2021
The government has extended what is effectively a temporary ban on the use of statutory demands or winding up petitions in the context of commercial property leases where tenants cannot afford to pay their rent due to Covid-19.
Statement from the Joint Administrators of Wigan Athletic FC
January 5th 2021
As of 11am today (5 January) the Administrators have broken off negotiations with the Spanish bidder.
Design and build contractor placed into administration
December 22nd 2020
Health and housing property business, Ashley House plc, has been placed into administration following an unsuccessful Company Voluntary Arrangement (CVA).
Retail And Hospitality Braces For A Bleak Winter As Covid-19 Takes Its Toll
December 22nd 2020
In the run-up to Christmas, new data from leading insolvency firm, Begbies Traynor, has revealed the full impact of the Covid-19 crisis and tough trading conditions, which shows that nearly 40,000 (39,232) retailers