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Begbies Traynor Group

A leading business recovery, financial advisory and property services consultancy
  • 100+ UK Offices

31st Floor, 40 Bank Street, Canary Wharf, London, United Kingdom, E14 5NR

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Insights
Date:
09/11/2023
Author:Begbies Traynor Group

UK’s summer travel demand boon fails to mask rising headwinds

Buoyant travel demand over the summer has given the travel and tourism industry some much-needed respite in recent months. However, the outlook has already begun to soften as accelerating macroeconomic and geopolitical headwinds start to blunt the growth momentum.

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Begbies Traynor Group
Date:
01/11/2023
Author:Begbies Traynor Group

25% Rise in Critical Financial Distress Pushes Almost 40,000 UK Companies Towards Insolvency

The latest Begbies Traynor “Red Flag Alert” report, which has provided a snapshot of British corporate health for the past 15 years, paints a worrying picture for UK businesses as nearly 40,000 companies are revealed to be in a critical financial situation as the pressure of higher interest rates, resilient inflation and weaker consumer confidence take their toll.

Insights
Date:
25/10/2023
Author:Begbies Traynor Group

Retailers brace for stormy winter as summer respite fades

British retail sales dropped more than expected in September, coinciding with the sharpest drop in consumer confidence in more than three years, snapping signs of a recovery in August.

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Rodgers Reidy
Date:
25/10/2023
Author:Rodgers Reidy

Is the PIA coming back into vogue?

With the ATO ramping up its collection activity following the trials and tribulations of the pandemic, the Personal Insolvency Agreement (“PIA”) appears to be returning.