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BRI Business Recovery and Insolvency

We are an independent company of insolvency practitioners committed to finding the right solutions for businesses and individuals in financial difficulty

Monthly Archives: May 2020

Greatest Recession and the list of shops that can reopen and when

26 May 2020:  The Government last week published a list of shops that can now reopen immediately. https://www.gov.uk/government/publications/further-businesses-and-premises-to-close/further-businesses-and-premises-to-close-guidance To support these businesses, the Government have also published back to work guidance and a business recovery strategy. Outdoor markets and car showrooms can reopen from 1 June 2020 and all other ‘non-essential shops’ can...
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Insolvency shake up

21 May 2020:  The much-anticipated (at least to those of us in the industry) Corporate Insolvency and Governance Bill has just been released and is expected to progress through Parliament shortly.  The Bill has been designed to help the economy recover, protect jobs, and give companies the best chance of survival. This Bill is the biggest...
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Health and Wealth (and how we can help)

15 May 2020:  As we enter the first week under new government guidance and the eighth week since the beginning of lockdown, I think it is fair to say that many of us are facing one of the most challenging periods we can remember both personally and professionally. We are receiving a daily death toll relating...
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Flattening of the curve in liquidation numbers

4 May 2020:  It has been reported that there has been a decrease in both creditors’ voluntary liquidations (“CVL”)   and compulsory liquidations since the UK went into lock down – see graphs below. The decrease in compulsory liquidations is no doubt as a direct result of HMRC not issuing winding-up petitions unless they believe it is...
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