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.
SME financing tightens as rising rates and weak growth limit appetite
Finance liquidity for SMEs in the UK are dwindling over the course of this year. Elevated inflation, diminishing government support, and banks’ ongoing loan book rationalisation have combined to constrict access to financing for SMEs.
Risk Watch Essentials – September 2023
Risk Watch from Rodgers Reidy provides a synopsis of the insolvency market in Australia for September 2023.
Automotive: Supply back on track
Automakers increased production to meet pent-up demand in the first half of 2023 as supply chain issues eased.
New vehicle sales have been stronger than expected due to robust fleet sales and the continued resilience of buyers, with more electric vehicle choices on the market than ever.
Bitcoin volatility picks up as SEC delays spot ETF decisions likely until next year
Price action in Bitcoin turned bearish in mid-August after failing to break above a multi-year macro resistance between $28,800 and $31,700 for several weeks.
Risk Watch Essentials – August 2023
Risk Watch from Rodgers Reidy provides a synopsis of the insolvency market in Australia for August 2023.
Risk Watch Essentials – July 2023
Risk Watch from Rodgers Reidy provides a synopsis of the insolvency market in Australia for July 2023.
Britain’s underperformance in goods exports intensifies as further obstacles loom
The UK’s international trade volumes continued a trend of incremental decline in May, according to the latest ONS data, as British companies struggle to increase goods sales overseas. Imports exceeded exports by almost £20bn in May, as the long-running goods trade deficit deteriorates again after a short-lived improvement in April.
Liquidators successfully secure disclosure order against Alla Nicolayevna Babenko
Winning the UK’s inflation battle will require more than just interest rate hikes
The UK is grappling with one of the most stubborn inflationary challenges worldwide, exacerbated by labour market dynamics and declining real wages which will require structural reforms to bolster Britain’s productive potential and reverse the weak growth outlook.
Difficulties mount for the UK’s once world-renowned textile industry
The UK textile industry is absorbing a multitude of sector-specific headwinds alongside macro and geopolitical disruptions and the knock-on effects from retail sector weakness, which is impacting profitability and financial sustainability for many firms in the sector.
The rise of sustainable transport: opportunities and hurdles for the UK auto retail industry
The global transition to sustainable transport offers various benefits, including cost savings for drivers, and thousands of highly skilled clean jobs across battery production, electric motors, power electronics and supply chains.
PLUTA attorney Fritz Zanker appointed provisional administrator for automotive supplier Allgaier
The Local Court of Göppingen has ordered provisional insolvency proceedings for the assets of Allgaier Werke GmbH based in Uhingen in the federal state of Baden-Württemberg. Mr Fritz Zanker from BTGGA member firm PLUTA Rechtsanwalts GmbH was appointed provisional administrator on 20 June 2023. The automotive supplier continues to operate.Risk Watch Essentials – May 2023
Risk Watch from Rodgers Reidy provides a synopsis of the insolvency market in Australia for May 2023 including: During the month of May 2023, 28 companies appointed a Restructuring Practitioner out of a population of around 990,000 small companies in Australia.Find the right professional using the below dropdowns. Our reach covers the globe with a network of over 300 offices.
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