Begbies Traynor Group

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Here you’ll find Begbies Traynor Group news and commentary

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Retail And Hospitality Braces For A Bleak Winter As Covid-19 Takes Its Toll

In the run-up to Christmas, new data from leading insolvency firm, Begbies Traynor, has revealed the full impact of the Covid-19 crisis and tough trading conditions, which shows that nearly 40,000 (39,232) retailers

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Design and build contractor placed into administration

Health and housing property business, Ashley House plc, has been placed into administration following an unsuccessful Company Voluntary Arrangement (CVA).

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LHP acquisition of The Alexander Partnership secures 11 jobs

Established West Wales based accountancy firm, LHP Chartered Accountants is now operating in Tenby, after acquiring the business of The Alexander Partnership (Accountants) Limited, which ran into difficulties following the recent insolvencies of entities

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Begbies Traynor commits to Liverpool

Begbies Traynor has confirmed plans to commit to a multi-year lease in Liverpool at premises on Old Hall Street in a visible symbol of support for the city region.

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BTG Global Advisory announces further expansion - BTG GA’s Reach Extends to Mexico and Russia.

BTG GA’s Reach Extends to Mexico and Russia. Our BTG Global Advisory (“BTG GA”) affiliates, B. Riley Advisory Services in the USA and TCP Partners in Brazil, have partnered to open an office in Mexico — B. Riley Advisory Services de Mexico.

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Begbies Traynor partners with Wales Rugby league team

The Preston office of Begbies Traynor, the UK’s leading business rescue and recovery firm, has joined Preston City Council and the University of Central Lancashire (UCLan) in partnering with the Welsh national team to welcome them to the City for the 2021

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557,000 UK businesses now in significant distress as numbers soar

The latest Red Flag Alert research for Q3 2020 has recorded 557,000 businesses in ‘significant distress1’ after the largest quarterly leap in financially distressed companies since 2017.

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Financial pressures bite for dental practices as revenues fall and costs escalate due to Covid

The Begbies Traynor Red Flag Alert has found that 16 per cent of UK dental practices are feeling financial pressures as they face the latest round of restrictions from the government after only recently starting to reopen.

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Award‐winning restaurant falls victim to Covid lockdown

Award‐winning North Yorkshire restaurant and inn, the General Tarleton at Ferrensby near Boroughbridge, has been placed into creditors voluntary liquidation after a period of closure forced by the Covid-19 pandemic.

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Begbies Traynor appointed joint liquidators of social housing developer Starfish Commercial Ltd

Joanne Hammond and Kris Wigfield have been appointed as the joint liquidators of social housing developer Starfish Commercial Ltd.

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Begbies Traynor joins Knowsley Chamber as executive partner as Knowsley looks forward to post pandemic growth

Knowsley Chamber is delighted to announce that it has joined forces with the UK’s leading Corporate Rescue and Recovery practice.

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Seven consecutive quarters of rising financial distress leaves 527,000 UK businesses in a precarious position

The latest Red Flag Alert research for Q2 2020 has recorded seven consecutive quarters of increased financial impairment resulting in a record 527,000 businesses in significant* financial distress at the end of June 2020

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Ten jobs saved with sale of historic Leeds Golf Club

Following a period of accelerated marketing on behalf of the management of Leeds Golf Club, Begbies Traynor in Leeds, has completed the sale of the business and assets of the historic club to Leeds Golf Club 1896 Limited, saving all ten jobs at the club.

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Higher Education: Regaining Stability

The Higher Education (HE) sector is a vibrant and important part of the UK economy, developing skills and life chances for students and delivering world-leading research that drives innovation and change.

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Wigan Athletic Football Club in administration

Paul Stanley, Gerald Krasner and Dean Watson from Begbies Traynor have been appointed as joint administrators of Wigan Athletic Football Club, on Wednesday 1 July 2020.

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IR35 reforms delayed until April 2021 but MVLs still on the agenda

Life has changed dramatically in recent months, but for solvent companies considering a Members’ Voluntary Liquidation (MVL) the situation remains unchanged – for now.

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