Begbies Traynor Group
Begbies Traynor Group
Date:
04/11/2020
Author:Begbies Traynor Group 04/11/2020
Winter is coming: making plans in unpredictable times
Many corporates of all sizes feel exasperated, but not surprised, by the enduring disruption to business activity caused by the pandemic. The intensified second wave has perhaps inevitably led to a second national lockdown in England for the coming month and possibly longer.
Begbies Traynor Group
Date:
04/11/2020
Author:Begbies Traynor Group 04/11/2020
Tale of two needles: Trump and Biden locked in tight White House race
Donald Trump and Joe Biden are locked in a tight race for the White House with early indicators that Trump has once again defied pollsters in his US presidential re-election bid, which this morning remains too close to call.
Begbies Traynor Group
Date:
11/08/2020
Author:Begbies Traynor Group 11/08/2020
Retailers and landlords’ uncertain fate: assessing future lockdown impacts
Retail landlords are at the frontline of the economic crisis triggered by the Covid-19 pandemic within the real estate sector. Many variables will influence how landlords, and retailers, will fare in the months and quarters ahead. First, the macro context. UK GDP fell by 19.1% in the three months to May 2020, according to the Office of National Statistics. Andrew Bailey, Governeor the Bank of England, said last week that the economy contracted between “23% and 25%” in the second quarter relative to the end of last year. While an easing in lockdown restrictions has had a positive effect on some sectors – such as the housing market, which has seen increased activity – retail, leisure and hospitality are still struggling.
Begbies Traynor Group
Date:
11/08/2020
Author:Begbies Traynor Group 11/08/2020
Protracted pandemic headwinds put retail landlords at centre of property sector liquidity crisis
Retail landlords’ rates of rent collection have emerged as a proxy for solvency status across the broader retail and leisure sectors. Disrupted business activities for those retailers reliant on traditional bricks and mortar footfall is severely denting their ability to make rental payments. Covid-19 has hastened the demise of the retail sector already locked in a perpetual decline for more than a decade. Driven by shifting consumer behaviour, sometimes characterised as ‘the Amazon effect‘, this decline has gathered momentum alongside the increased sophistication of supply chains and last-mile delivery infrastructure.
Begbies Traynor Group
Date:
06/08/2020
Author:Begbies Traynor Group 06/08/2020
UK economy braced for record quarterly economic contraction with more pain to come
The UK economy is braced for a record double-digit contraction in economic activity for the second quarter, with the economy expected to be worse affected than many of its European neighbours and possibly even the US.
Begbies Traynor Group
Date:
29/07/2020
Author:Begbies Traynor Group 29/07/2020
Europe shows solidarity in landmark debt mutualisation commitment
Europe’s leaders have concluded four days of tortuous negotiations in Brussels to unite behind a historic coronavirus recovery fund which binds the bloc into a tighter fiscal union.
Begbies Traynor Group
Date:
26/07/2020
Author:Begbies Traynor Group 26/07/2020
Seven consecutive quarters of rising financial distress leaves 527,000 UK businesses in a precarious
The latest Red Flag Alert research for Q2 2020 has recorded seven consecutive quarters of increased financial impairment resulting in a record 527,000 businesses in significant* financial distress at the end of June 2020 - an increase of 33,000 since the beginning of the year.
Begbies Traynor Group
Date:
04/05/2020
Author:Begbies Traynor Group 04/05/2020
In virtual boardrooms across the UK, company directors, shareholders and investors have seen polished business plans and revenue forecasts upended, as the all-consuming scope and scale of Covid-19 thr
Begbies Traynor Group
Date:
29/04/2020
Author:Begbies Traynor Group 29/04/2020
When the world restarts: The face of business in a post-lockdown world
Long after the physical health risks of Covid-19 have passed, the economic risks will still likely be felt. With the country currently under government-enforced lockdown measures, many businesses have
Begbies Traynor Group
Date:
23/04/2020
Author:Begbies Traynor Group 23/04/2020
Businesses need liquidity to utilise emergency UK insolvency measures
The UK government has introduced emergency insolvency measures to protect companies weakened by restrictions on normal trading and freedom of movement in the wake of the escalating global coronavirus
Begbies Traynor Group
Date:
17/04/2020
Author:Begbies Traynor Group 17/04/2020
Coronavirus pushes financially distressed companies in the UK over the half-million mark
Number of UK businesses in significant distress stands at 509,000 – the highest number measured by the Red Flag Alert research.
Begbies Traynor Group
Date:
01/04/2020
Author:Begbies Traynor Group 01/04/2020
On 28 March 2020, the UK Government announced new insolvency measures to support businesses under pressure as a result of the coronavirus outbreak.
The Government will amend UK insolvency law to give
Begbies Traynor Group
Date:
19/03/2020
Author:Begbies Traynor Group 19/03/2020
COVID-19 Coronavirus Help Centre for UK Businesses
The COVID-19 coronavirus pandemic is sweeping across the globe and thousands of UK businesses are bracing themselves for its impact not only in the long-term but with immediate effect.Many companies,
Begbies Traynor Group
Date:
10/03/2020
Author:Begbies Traynor Group 10/03/2020
Coronavirus exposes global supply chain vulnerability
Coronavirus has unleashed a domino effect of global supply chain disruptions that exposes the trading vulnerability and questions the trend towards a geographic concentration of suppliers. From Apple
Begbies Traynor Group
Date:
27/03/2019
Author:Begbies Traynor Group 27/03/2019
Newcastle insolvency firm acquired by Begbies Traynor Group
Begbies Traynor Group plc has acquired insolvency practitioner KRE Corporate Recovery (North East) Limited, based in Newcastle upon Tyne, further strengthening the AIM listed group’s presence in the North East of the UK. 2000+ Strong team
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