The reduction of the limit for sequestration proceedings at the end of this week (30th September), could lead to a wave of smaller businesses in Scotland being made bankrupt, according to full-service legal firm Gilson Gray. The limit for pursuing sequestration will be lowered from £10,000 to £5,000. It was originally increased from £3,000 to…
Read moreAzets has appointed Jonathan Amor as a Partner to lead the firm’s new restructuring and insolvency team for its Yorkshire offices. Amor specialises in helping companies experiencing financial distress or facing closure with restructuring and rescue options. He offers specialist advisory services to assist organisations in making better long term and effective, strategic business decisions.…
Read moreChancellor Kwasi Kwarteng announced a series of tax cuts and financial support in the mini budget on Friday (23rd September). The Chancellor announced changes to income tax and stamp duty, alongside plans to cut taxes for businesses in designated sites for ten years to support investment, jobs and growth, and cancelled the planned increase in…
Read moreAlmost 1.1 million private renters in England, one in seven, have had their rent increased in the last month, a new report from Shelter reveals. The charity’s research shows millions of private tenants are stretched to breaking point: one in three (2.6 million adults)are spending at least half their household income on rent. And even…
Read moreIndigo Cloud has announced it has appointed Ian Simpson as Director of Business & Client Development where he will be defining new market strategies, driving sales, and overseeing client relationships. Simpson is a collection and recovery specialist who has been active in the industry since 1997 having worked for names such as Transcom, GE Money,…
Read moreWater regulator, Ofwat is calling on water companies to trial creative and targeted ways in calculating customers’ charges to help make sure those who need support can get it. In the midst of cost of living concerns, the regulator is pushing companies to think differently about how they work with customers and develop models of…
Read more