News


York-based Taxi Firm Six Five Nine Cars Entered into Administration

Thursday 1st December, 2016 Written by Keith Tully

One of the largest taxi firms operating in the city of York has been entered into administration after succumbing to persistent financial pressures and a cash flow crisis in recent weeks.

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Autumn Statement 2016 – What it means for UK businesses

Wednesday 23rd November, 2016 Written by Claire Januszewski

Philip Hammond has presented the Autumn Statement, his first major task as Chancellor. Here's a summary of what the Statement means for UK businesses.

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Celebrities Among Hundreds Ordered to Make Massive Repayments in Relation to Tax Avoidance Schemes

Monday 21st November, 2016 Written by Keith Tully

A number of very well-known figures are understood to have been among hundreds of people recently ordered by HM Revenue & Customs (HMRC) to make large-scale repayments in relation to a tax avoidance.

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HMRC Winding Up Petition Forces Bradford Bulls into Administration

Monday 14th November, 2016 Written by Keith Tully

The rugby league club Bradford Bulls has been entered into administration after failing to reach an agreement with HM Revenue & Customs (HMRC) in relation to a £350,000 outstanding tax bill.

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Uber Told Its Drivers Are Employees and Not “Partners” in Landmark Tribunal

Friday 28th October, 2016 Written by Keith Tully

An employment tribunal in London has ruled that Uber drivers are effectively employed by the American car-hailing company and should not be considered self-employed contractors working for themselves.

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Number of UK Companies in Financial Distress ‘Falling Despite Brexit Uncertainty’

Monday 24th October, 2016 Written by Keith Tully

The number of British companies in a financially distressed position fell during the third quarter of this year in comparison with the previous quarter and the same period of 2015.

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Pensions Regulator Calls for More Power to Intervene in Company Sales

Tuesday 11th October, 2016 Written by Keith Tully

UK’s Pensions Regulator has called on the government to give her office more power to intervene in scenarios where companies are being sold while carrying large-scale pension deficits.

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Leaked Documents Show How RBS Squeezed Struggling Businesses to Boost Revenues

Monday 10th October, 2016 Written by Keith Tully

A swathe of newly-leaked documents appear to illustrate how the Royal Bank of Scotland (RBS) systematically squeezed struggling businesses in order to boost its own revenues and profits.

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Jobs Go As AIC Steel Heads into Administration

Wednesday 5th October, 2016 Written by Keith Tully

A total of 101 people have been made redundant following the entry of the steel contracting business AIC Steel Limited into administration in recent days.

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HMRC’s Asset Seizure Rates ‘Up Sharply’ As UK Companies Struggle to Settle Debts

Tuesday 13th September, 2016 Written by Keith Tully

The frequency with which HM Revenue & Customs (HMRC) is stepping in to seize assets of companies who are heavily in debt increased sharply over the past year.

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