CVA process in need of reform, says R3
A leading North West insolvency practitioner is calling for reforms to improve the effectiveness of CVAs, a common restructuring process used by high street retailers. House of Fraser has become …
Fall in business numbers show start-up boom may be coming to an end
The number of active businesses in the North West fell by over 1,600 in May after reaching record levels the previous month, according to research by insolvency and restructuring trade …
Business insolvencies at highest level for four years
Company insolvencies in the first quarter of the year rose by 13% in real terms on the previous quarter to reach the highest level in four years, according to the …
Over 5,000 high street retailers at risk in North West
The number of North West retailers at elevated risk of failure has leaped from 28% to 36% in just six months, according to research by insolvency and restructuring trade body …
Survival tips for firms feeling the chill ‘Beast from the East’
A North West business recovery expert has outlined a four-point plan for small businesses feeling the chill from the ‘Beast from the East’. Paul Barber, chair of the North West …
Young professionals group has new faces at the top
The R3 North West New young Professionals Group, which organises networking events aimed particularly organizer professionals in the insolvency and restructuring profession, has two new faces at the helm. Nicola …
Carillion subcontractors urged to seek advice to stay afloat
Carillion subcontractors and other small firms which might be at risk due to the failure of the construction giant are being urged to seek professional advice at an early stage …
Charterfields opens Buxton office after 2017 expansion
Valuers and auctioneers Charterfields is expanding its operation after achieving a 15% increase in turnover as a result of strong international demand for its services. The firm, which carries out …
Record year for Dow Schofield Watts with 38% rise in deals
The North’s leading independent advisory firm, Dow Schofield Watts, is celebrating another record year, with a 38% rise in the volume of deals it advised on. The firm’s corporate finance …