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So far Laura Batchelor has created 41 blog entries.

The Red Weed is receding, but The War of the Words isn’t over

There has undoubtedly been a seismic change in the UK political landscape, but I doubt that economic impact will be as significant or lasting.  In the Brexit journey, we still have many hurdles to cross, and if we believe that it is the single most significant event impacting the UK's economic stability, we are fooling ourselves. 

The Red Weed is receding, but The War of the Words isn’t over2019-12-16T12:25:10+00:00

Can I reuse a company name after liquidation?

If your company had been placed into liquidation, you may be preparing for the future and considering whether your company name can be reused following this process. Section 216 of the Insolvency Act 1986 places restrictions on the use of a liquidated company’s name – a law put in place to address the issues of ‘phoenixing’ (which you can find out more detail about here), in which a company may rack up debts before becoming insolvent and then returning as a new company with the same name, leaving third parties none the wiser. By law, a director may not be [...]

Can I reuse a company name after liquidation?2019-09-25T11:10:54+00:00

Insolvency: “The warning signs”

There are a number of warning signs that a company is in financial distress and action is required. Insolvency isn’t always avoidable but the chances of doing so are always improved if action is taken early and rapidly to give the company the greatest opportunity of trading its way out of difficulty. The warning signs can be singular but usually accumulate in a financially poisonous cocktail and it is important that directors and company accountants are prepared to recognise them. Creditor Action Many companies and businesses occasionally miss payments; however, if this begins to occur frequently, it suggests that a [...]

Insolvency: “The warning signs”2019-08-01T13:00:44+00:00

What are my rights as an employee if my employer is insolvent?

If your employer is insolvent and enters Liquidation, Administration or a Company Voluntary Arrangement (CVA), it will probably have an impact on your employment status. Your first concerns are likely to be around whether you still have a job, whether you will still be paid and how to make sure your rights are protected. The first thing to have in mind is that all employees have special rights. If your employer is unable to pay you because they have become insolvent, then you are entitled to make a claim on the National Insurance Fund (NIF) - a process administered by [...]

What are my rights as an employee if my employer is insolvent?2019-07-17T09:53:39+00:00