Business Insights

This is where a petition is presented to the Court to have a Company formally wound up. The most common grounds for presenting a petition are the Companies inability to pay its debts or on ‘Just and Equitable’ grounds. But what are the key elements of the process that you need to be aware of? What role will you play in the entire process?

Deputy Governor at the Bank of England, Paul Tucker, has warned the government that a fresh round of quantitative easing (QE) could be in store if inflation conditions continue to rise.

"The British Retail Consortium (BRC) has called on the government to introduce a freeze on Business Rate increases in April 2013 in an effort to re-establish growth and “re-build consumer confidence"" in the UK high street."

The Office for National Statistics (ONS) has revised its growth estimates for the first and third quarters of 2012. The ONS has suggested that the UK economy actually expanded by a figure of 0.2% last year, instead of the previous prediction that we would not see any growth at all.

In the current financial climate it can be difficult for struggling businesses to determine if they are running their operation as efficiently as possible.