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When should you turn to an insolvency practitioner?

At Walsh Taylor we are always keen to stress that you can get in touch with us as soon as you foresee any financial problems occurring in the future, and not just when they have already arisen. Many believe that insolvency practitioners are called in once a business has become […]

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‘Carillion effect’ taking its toll on the UK construction sector

New data released earlier this month suggests that the impact of Carillion’s insolvency is even more far-reaching than once thought. According to research carried out by Prompt Payment Directory, a ratings platform which reviews payment practices, there has been a 30% year-on-year rise in the amount of UK construction companies […]

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Personal insolvency rates at an almost six-year high

Following on from Walsh Taylor writing about the Carillion collapse and North East businesses struggling in the past couple of months, recent figures have shown that personal insolvency figures have increased. According to statistics from the Insolvency Service, the first three months of 2018 saw 27,388 people become insolvent across […]

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Ways of dealing with financial pressure

Having helped both individuals and businesses throughout the UK for almost a decade now, the Leeds, Harrogate, Bradford and Darlington-based teams here at Walsh Taylor understand the stress that financial pressure can bring. The onset of financial pressure can often result in failings in other areas of a business. As […]

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Long standing reputable IT firm enter Administration

LDD Group Limited, a Leeds technology business in its 25th anniversary with an annual turnover of around £8m year has entered Administration. Yorkshire insolvency practitioners and business recovery experts Walsh Taylor were appointed to deal with the Administration on Thursday (April 19). Under its stewardship, LDD Group Ltd is continuing to […]

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Firms relabelling low-skilled jobs as apprenticeships

A report by centre-right think tank Reform says many firms have rebranded existing roles after being obliged to contribute cash to on-the-job training. The study claims that some fast food giants, coffee shops and retailers are relabelling low-skilled jobs as apprenticeships in order to gain subsidies for training. It adds […]

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North East businesses facing risk of insolvency increases

As you may have noticed from reading some of our most recent blog articles, insolvency has hit the headlines several times in the past couple of months. First came the news that the amount of UK businesses facing insolvency had grown significantly throughout 2017, then the Carillion collapse, followed finally […]

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3/4 of restaurant groups loss making

The Guardian reports that one in three of the UK’s top 100 restaurant groups are lossmaking, a rise of 75% in the past year as the casual dining crunch continues in an over saturated market. A combination of higher staff costs, rising business rates and falling consumer confidence have conspired […]

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