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Brexit uncertainty puts the brake on London businesses

New research reveals that British businesses from Land's End to John o' Groats have shown surprising resilience since the EU Referendum result was announced, with levels of financial distress falling across every region of the UK over the past three months.

UK businesses remain resilient in the face of Brexit

UK businesses across nearly every sector of the economy were showing positive signs of stability following the EU Referendum, new research from Begbies Traynor, the UK’s leading independent insolvency firm, reveals.

Statutory Demands on the rise as creditors face higher costs to recover debts

The increased cost of taking court action to recover a debt has resulted in creditors looking for alternative methods of collection. One potential way is via a statutory demand.

101 Staff Made Redundant After Steel Contractor Business Goes Into Administration

Administrators at business rescue and recovery specialists Begbies Traynor have been appointed to a Newport-based business which has been placed into administration.

Historic construction and restoration company William Anelay placed into administration

On 8 September 2016, Julian Pitts and Bob Maxwell of Begbies Traynor were appointed as joint administrators of William Anelay Ltd; one of Britain’s longest-established construction and heritage restoration companies

Research shows British businesses are in a strong position to face Brexit challenges, but expect at least six months of turmoil ahead

UK businesses across every sector of the economy were showing positive signs of stability in the run up to the EU Referendum, new research from Begbies Traynor, the UK’s leading independent insolvency firm, reveals. However after the severe market turmoil that immediately followed the Brexit decision, experts warn that it could be at least another six months before we see a ‘new normal’ in the UK economy.

UK pubs and bars in desperate need of a boost this summer

The introduction of the National Living Wage, unseasonable weather, England’s early exit from the Euros and the recent Brexit decision have all added significant pressure to the UK’s pubs and bars this summer, reveals new data from Begbies Traynor, the UK’s leading independent insolvency firm.

Begbies Traynor appointed as Trustees to bankruptcy of former Blackburn Rovers and West Ham footballer Lucas Neill

Gary Shankland and Jamie Taylor of Begbies Traynor have been appointed as Trustees to the bankruptcy of Australian footballer Lucas Neill.

Thousands of UK businesses struggling to absorb cost of National Living Wage

New data from Begbies Traynor, the UK’s leading independent insolvency firm, reveals that nearly 60,000 UK companies that were forced to implement the National Living Wage on 1 April were already in a dire financial state before the scheme was even introduced, suggesting that the UK could see a spate of business failures in 2016 as these companies struggle to absorb the higher staff costs associated with this new regulation.

Brexit could spell disaster for struggling UK exporters and financial services firms despite boost from weak Pound

c.21,000 UK manufacturers which rely heavily on exports could be tipped over the edge in a Brexit scenario

98% of Scottish football clubs ‘match fit’ despite growing North South divide in British football

Financial distress across the leading football clubs in Scotland, which peaked in 2011 at almost 10% of all clubs, remains at a record low according to football finance experts at Begbies Traynor who analysed key indicators of business distress in the sector.

Football ‘fitter than ever before’ - club distress rates plummet to record lows

Begbies Traynor Scotland appointed to help tackle ‘unprecedented’ Northern Ireland insolvency levels

Leading insolvency and professional services practitioner Begbies Traynor has won a major insolvency services contract for the Northern Ireland government’s Department of Enterprise, Trade and Investment (DETI).

Corporate Insolvency Appointments in 2015

The latest analysis of published corporate insolvency statistics for 2015 reveals that Begbies Traynor has retained its position as the UK’s leading business recovery practice with regard to total corporate insolvency appointments.

UK business end year in a challenging financial state as a difficult 2016 looms

New data reveals that UK companies are bracing themselves for a difficult 2016, after finishing 2015 in a challenging financial state, warns Begbies Traynor, the UK’s leading independent insolvency firm.

Desperate UK Retailers running out of time to rescue Christmas sales slump

In the final days before Christmas, UK retailers are pinning all their hopes on a last minute sales surge from desperate shoppers who have left it too late for online deliveries, after another challenging festive trading period for the British high street, warns Begbies Traynor, the UK’s leading independent insolvency firm.