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Begbies Traynor Group
Date:
09/10/2024
Author:Begbies Traynor Group

How do we solve the insolvency crisis in the construction industry?

Key players in construction gathered for an important debate, sponsored by The Save Construction Initiative and Begbies Traynor Group and hosted by Watson Farley & Williams, exploring what can be done to tackle the industry’s mounting insolvency crisis and to disrupt the payment culture at the heart of it. 

Aging Population
Begbies Traynor Group
Date:
10/03/2025
Author:Begbies Traynor Group

UK Care Homes: The UK’s ageing population is a shared challenge and opportunity

The UK’s care home market is undergoing substantial evolution, presenting opportunities for investors amid growing demand and complex structural headwinds. While an ageing population intensifies pressure on the NHS with rising waiting lists and increased prevalence of chronic health conditions, it also drives significant investment appeal in the care sector.

Construction
Begbies Traynor Group
Date:
27/02/2025
Author:Begbies Traynor Group

UK construction: fragile confidence in a sector awash with rising costs and uncertainty

The UK construction sector is grappling with persistent headwinds. Growth in construction business activity has softened to the slowest pace since June 2024, according to the S&P Global UK Construction PMI. Headline construction PMI fell to a six-month low of 53.3 in December.

Economy
Begbies Traynor Group
Date:
25/02/2025
Author:Begbies Traynor Group

UK Trade: risks and opportunities in a diverging two-speed economy

The UK’s annual trade deficit narrowed by £14bn to £25.1bn in 2024, according to the latest ONS data. However, this masks a growing divergence between services and goods trade. Services exports remain a bright spot, while goods exports continue to decline, deepening the UK’s two-speed economy.

Retail 2
Begbies Traynor Group
Date:
29/01/2025
Author:Begbies Traynor Group

Retailers eager to optimise operations ahead of labour cost spikes

UK retailers are bracing for the cascading impact of recent Budget measures as rising wage cost pressures and weakening consumer confidence threaten to erode profits, squeeze margins and risk both store closures and possible insolvencies.

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Begbies Traynor Group
Date:
23/01/2025
Author:Begbies Traynor Group

Historic jump in the number of UK firms in critical financial distress

Less than three months after the Budget, critical financial distress climbs by 50% to 46,853 businesses

Care Home 2
Begbies Traynor Group
Date:
22/01/2025
Author:Begbies Traynor Group

UK Care Homes: Nursing a bifurcated industry back to health

The UK’s for-profit care home sector is evolving into a sharply bifurcated industry. Legacy businesses are failing at an increasing rate, as exacting regulatory scrutiny and financial headwinds create a surge in involuntary closures and insolvencies.

Acquisition
Begbies Traynor Group
Date:
06/01/2025
Author:Begbies Traynor Group

SPA Disputes – If you are a party to an SPA, BTG Advisory can assist

Share Purchase Agreement (SPA) disputes do happen and those involving the following matters may be provided for in the agreed dispute resolution clauses:

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Begbies Traynor Group
Date:
17/12/2024
Author:Begbies Traynor Group

Begbies Traynor expands British Virgin Islands team with strategic hire, Elaine Hanrahan

Begbies Traynor Group (“Begbies Traynor” or the “Group”) is pleased to announce the appointment of Elaine Hanrahan as partner in its British Virgin Islands (BVI) office.

Bitcoin
Begbies Traynor Group
Date:
02/12/2024
Author:Begbies Traynor Group

Trump’s return to the White House ushers in pro-crypto US regulatory regime propelling bitcoin to almost $100,000

Bitcoin’s ascent to a fresh all-time high (ATH) to a whisker under $100,000 in November was fuelled by optimism surrounding President-elect Donald Trump’s return to the White House, along with the Republican’s sweep of majorities in the Senate and House of Representatives.

Fraud Pic
Begbies Traynor Group
Date:
22/11/2024
Author:Begbies Traynor Group

Failure to prevent fraud – at a glance

In a bid to hold large organisations to account if they benefit from fraud, the Economic Crime and Corporate Transparency Act 2023 (ECCTA) introduced a new corporate criminal offence of “failure to prevent fraud” (‘the offence’).

Begbies Traynor Group
Date:
11/11/2024
Author:Begbies Traynor Group

Budget cost squeeze threatens fresh wave of private care home closures

The UK Autumn Budget has intensified financial pressures on the private care home sector, already weakened by chronic underfunding and staffing shortages. Higher employer National Insurance Contributions (NICs) and a rise in the National Living Wage (NLW) will impose significant additional costs, threatening a fresh wave of closures.

Begbies Traynor Group
Date:
05/11/2024
Author:Begbies Traynor Group

Hospitality and leisure sector faces Budget pressures and changing consumer preferences

Last week’s Budget introduces new cost pressures for low-wage sectors through higher employer National Insurance Contributions (NICs), resulting in a disproportionate tax increase for employers of low-paid workers. Businesses will be unable to fully recoup these costs over time by squeezing wages, due to the coming rise in the National Living Wage (NLW).

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Begbies Traynor Group
Date:
21/10/2024
Author:Begbies Traynor Group

90s Rock Band Limp Bizkit Sues UMG Over Fraudulent Accounting Practices

Rock band Limp Bizkit’s lawsuit against Universal Music Group (UMG) is a high-profile, decades-long contractual dispute that alleges deliberate royalty concealment, financial mismanagement, fraud and breach of contract by one of the world’s largest record labels.

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Begbies Traynor Group
Date:
18/10/2024
Author:Begbies Traynor Group

Red Flag Alert Report - Q3 - Uncertain outlook for the UK economy pushes a record number of businesses into significant financial distress

632,756 UK businesses are in ‘significant’ financial distress, up 5.1% on the prior quarter (Q2 2024: 601,950) and 32.3% higher than Q3 2023 (478,176)