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NovThe Exaro Insolvency Index identified a significant rise in insolvencies among IT companies in the third quarter of 2014 compared with the same period last year. The Index draws on data from the London, Belfast and Edinburgh Gazettes and from Companies House in compiling its figures. Despite insolvencies in other sectors remaining relatively unchanged the rise in […]
One of the trickiest issues for an IP is handling the concerns and rights of employees when a company gets into financial difficulty. On the one hand any company needs its employees to help make the business a success, and yet there is often the need to reduce headcount or change the skill sets available to take[…]
It is almost a cliché that an increase in insolvencies is expected when an economy is on the upturn after a recession. So far this has not happened since the recession of 2008. It is also a widely held view in some quarters that Zombie companies hold back economic growth.A Zombie company is generally defined as one[…]
