The Insolvency Service Annual Plan 2026 to 2027: What you need to know
Categories for Latest Insolvency News
The Insolvency Service Annual Plan 2026 to 2027: What you need to know
The Insolvency Service Annual Plan 2026 to 2027: What you need to know The Insolvency Service Annual Plan 2026 to 2027 sets out the government's priorities for strengthening the UK's insolvency framework over the coming year. While much of...
Read moreInsolvency Service reveals £57 million returned to the economy (and what to expect for the months ahead)
Insolvency Service reveals £57 million returned to the economy (and what to expect for the months ahead) The Insolvency Service has released its latest annual report, revealing that more than £57 million was returned to the UK economy in...
Read moreInsolvency: Who gets paid first?
Insolvency: Who gets paid first? When a company becomes insolvent, and is placed into an insolvency process, steps are taken to sell assets to repay the debts. However, these debts are settled in a particular order which is specifically...
Read moreHow will insolvency affect me?
How will insolvency affect me? When a company becomes insolvent, and is placed into an insolvency process, steps are taken to sell assets to repay the debts. However, these debts are settled in a particular order which is specifically...
Read moreInsolvency vs illiquidity: What sets them apart?
Insolvency vs illiquidity: What sets them apart? Insolvency and illiquidity are two terms that are often used to describe a business that is experiencing cash flow problems or operational inefficiencies. However, both have very different meanings, which we will explore...
Read moreInsolvency vs bankruptcy: What’s the difference?
Insolvency vs bankruptcy: What's the difference? The terms insolvency and bankruptcy are often confused. The more commonly known phrase, bankruptcy, is frequently misused to describe financial situations that it does not accurately represent. Whereas insolvency is a phrase that...
Read moreThe Latest Corporate Insolvency Statistics by Industry
The Latest Corporate Insolvency Statistics by Industry Following on from my article published on the 11th of this month, in relation to the number of corporate insolvencies, which showed an approximate drop of 35% in the 6 months post-Covid compared...
Read moreThe Latest Corporate Insolvency Statistics – Monthly to September 2020 Comparing post-covid to pre-covid
The Latest Corporate Insolvency Statistics - Monthly to September 2020 Comparing post-covid to pre-covid The Insolvency Service have released the latest insolvency statistics which show the monthly corporate insolvencies for England and Wales and it makes for interesting reading....
Read moreMVL’s – Overdrawn Loans to remain unpaid…
MVL’s – Overdrawn Loans to remain unpaid… Recent clarity of rules from HMRC has resulted in great news for shareholders looking to take out their capital cash balances in solvent liquidations as HMRC have now confirmed that overdrawn loan accounts...
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