News Centre

The new benefit of social media for Insolvency Practitioners

As part of the process of investigating the affairs of bankrupts and rogue directors, Insolvency Practitioners have always been able to peruse the Bankrupts notifications on Facebook, Twitter and other social media websites. Now, Insolvency Practitioners have the power, when the bankrupts are not co-operating, to notify Bankrupts of orders made against them by simply posting court orders on their Facebook page.

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SMEs reveal concerns over shared parental leave

Shared parental leave comes into effect from the start of April yet 36% of small businesses are not ready to implement it, new research suggests.

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Are firms being held back by a lack of vital digital skills?

More than one million small businesses in the UK lack basic digital skills according to new research from Lloyds Bank.

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It has recently been announced by the Government that changes are due to come into effect to reduce the number of individuals entering Bankruptcy

The changes will allow approximately 3,600 more people a year with problem debt to enter into a Debt Relief Order (DRO) – a low cost alternative to bankruptcy for those with very low assets and income and debt which they are unable to pay. The maximum amount of debt that can be covered by these plans will increase from £15,000 to £20,000.

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Can SMEs benefit from alternative funding sources?

The majority of mid-sized firms believe that alternative finance sources could help them to raise capital, a survey from the UK Bond Network has revealed.

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