Aug 03, 2023 Insurance resolution regime will give Bank of England new powers to manage the failure of large insurers By Helen Martin Following a consultation earlier this year, the government has announced plans to introduce an insurance resolution regime which will...
Jul 26, 2023 You can’t live without a bank account By Duncan McGowan Within Nigel Farage’s interview on Radio 4 was a comment about the broader issue of AML legislation impacting small businesses, with...
Jul 21, 2023 Bounce back loans? Beware! 50% of director disqualifications attributed to bounce back loan fraud By Lucy Trott The fallout from the bounce back loan (BBL) scandal continues, as the Guardian reports that more than half of all director...
Jun 09, 2023 Another day, another amend and extend - who needs insolvency lawyers when the debts just keep getting rolled? By Matthew Padian Friday's Business section of The Times made interesting reading to us debt finance nerds. We had more news around the continuing saga...
May 04, 2023 Banks complicit in bounce back loan fraud? By Lucy Trott The furore around the government’s pandemic support loan schemes has been well documented since their demise. We have previously written...
Apr 27, 2023 Tackling the late payment problem... By Katie Philipson This article in The Times on 24 April is a reminder of how smaller businesses need to keep ahead of their competitors in managing their...
Feb 16, 2023 What's wrong with the CIGA moratorium? By Matthew Padian Wind the clock back a couple of years to (dare I mention it…) the Covid-19 pandemic, and insolvency practitioners were getting mildly...
Apr 27, 2022 Scale of bounce back loans fraud revealed By Lucy Trott In a damning indictment of the government's handling of the bounce back loan scheme, the Times are reporting that up to £17bn of the...
Apr 04, 2022 A permanent government-backed loan scheme could offer help to SMEs By Helen Martin Officials at BEIS are in talks with UK banks over a potential permanent replacement to the various government-backed loan schemes which...
Mar 18, 2022 Bounce Back Loan Scheme fraud and Director Disqualifications By Katie Philipson Over recent months we have seen numerous references in the press to investigations into Bounce Back Loan Scheme (BBLS) fraud. A year ago...
Jan 27, 2022 Government under fire for "writing off" defrauded Covid support funds By Lucy Trott The Government has denied reports that it has written off £4.3bn of fraudulently claimed pandemic support loans, advanced under the...
Dec 02, 2021 Sustainable funding to promote gender equality - one small step towards bridging the gender gap? By Lucy Trott ESG is one of the hottest topics in global economies at the moment (after the dreaded C-word). With that in mind, the International...