A Yorkshire rugby league football club faced a winding up petition from HMRC. Attempts by the club and the Rugby League to secure funding and a repayment agreement with the Crown both failed: the remaining options were winding up or administration. We were appointed joint administrators and immediately secured a sale of the business and assets to a consortium of local businessmen who are fans of the club.
As well as saving the club, the deal secured the future of the playing squad and staff at the ground..
20th February 2017 Small companies throughout London are worried about the prospect of seeing significant rises in business rates increase their overheads.
15th February 2017 The growth of what has become known as the gig economy is costing HMRC in the region of £75 million in lost tax revenues every week, it has been claimed.
14th February 2017 Growth in the UK economy will slow down considerably over the course of this year and next, according to the European Commission.
14th February 2017 The Co-operative Bank has been put up for sale in its entirety four years after it came perilously close to collapse before being acquired by US hedge funds.
9th February 2017 Notably strong consumer spending helped to keep the UK economy on track in recent months despite the ongoing uncertainty surrounding the country’s exit from the European Union.
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