BTG

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’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.

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’).

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.

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).

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.

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)

The Restructuring Round Up dives into the world of corporate restructuring. Join our panel of experts as we explore the latest trends, challenges and strategies across diverse sectors. With in-depth discussions featuring industry experts, professional leaders and business advisors.

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. 

The UK care home sector is undergoing a challenging modernisation to meet rising demand for an ageing population, increase specialist care facilities and improve service delivery amid declining public funding and strict regulatory scrutiny.

At the heart of the dispute is whether Mbappé was entitled to leave PSG on a free transfer at the end of his contract. Despite a record-breaking contract offer in 2022, unmet expectations regarding signings and miscommunication about contract terms eroded trust.

Volatility rippled through global markets at a breakneck speed in early August. An unexpected Bank of Japan (BOJ) interest rate hike on 31 July sparked an 8% rally against the dollar, triggering an unwinding of the yen-funded “carry trade”, where investors borrow interest-free in yen to invest in high-yielding assets globally.

The global aviation industry is set for record revenues, passengers and expenses in 2024, underscoring a fragile profitability amidst ongoing political, economic, supply chain and geopolitical risks.