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27

Jan

Will we see a rise in restaurant insolvency in the New Year?

It will be interesting to see how the hotel, pub and restaurant sectors have fared after the traditionally busy Christmas and New Year season is over. This is a traditionally volatile sector, characterised by a high volume of start-ups and failure rates, where operators are vulnerable to the ebb and flow in consumer spending. The Exaro Insolvency[…]

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01

Dec

Law firms’ financial stability and insolvency

It began in 2012, when the Solicitors’ Regulatory Authority (SRA) introduced a new requirement for insurance firms to disclose their credit rating in order to be accredited for providing Professional Indemnity (PI) Insurance to the legal profession. The PI renewal date is October 1 each year and last year the SRA operated an Extended Policy Period (EPP),[…]