The COVID bounce back loan scheme offered UK businesses an extremely important lifeline during a period of unprecedented disruption. With the country in lockdown for large periods of 2020, many companies were feeling the pressure [...]

The Coronavirus pandemic and associated lockdowns have caused unprecedented disruption for UK businesses over the past year. To combat this the government unveiled a series of measures to help companies ride out the storm until [...]

If you are struggling to cope with your debt, it is first of all important to understand that you are not alone. After all, circumstances can change to make what was once a manageable amount [...]

All company directors have a legal obligation to act in the best interests of the business and its shareholders. They must exercise reasonable diligence and do all they can to avoid conflicts of interest. Failure [...]

If you are a business' shareholder, you may have concerns and be wondering 'are shareholders liable for limited company debt should the worst happen?' The good news is that in the vast majority of cases, [...]

Both liquidation and dissolution are ways to close down a business. However, it is a common misconception that they are one and the same thing and in reality that could not be further from the [...]

One of the hardest parts of a business entering into liquidation is always the loss of employment for the workforce. In most cases, these people who have worked hard for months with the uncertainty of [...]

As a business owner, having to make workers redundant is a prospect you never want to deal with. The reality is, however, that sometimes it is a necessary decision you will have to make. Redundancy [...]