North West insolvency-related activity hits 25-month high, R3 research shows
Insolvency-related activity in the North West hit a 25-month high in April 2025, according to new research from R3, the UK’s insolvency and restructuring trade body.
Insights
More than 1.8 million overdue invoices in the North West in Q1, R3 research shows
The total number of overdue invoices on the books of North West businesses hit more than 1.8 million in Q1 2025, according to new research from R3, the UK’s insolvency and restructuring trade body.
North West insolvency-related activity reaches 12-month low, new R3 research shows
The number of insolvency-related activities in the North West has reached its lowest level for 12 months, according to new research from R3, the UK’s insolvency and restructuring trade body.
R3 in the North West responds to the 2024 annual insolvency statistics for England and Wales
2024’s insolvencies have been driven by another year of high costs and a series of political, economic and geopolitical events which have taken a toll on businesses in England and Wales.
R3 in the North West responds to November 2024 England and Wales insolvency statistics
In November 2024, corporate and personal insolvencies in England and Wales increased compared to October, highlighting rising financial pressures.
Salary Exchange (also known as Salary Sacrifice and SMART pensions) – Employers Guide
Salary Exchange (also known as Salary Sacrifice and SMART pensions) is an arrangement employers may make available to employees. The employee agrees to reduce their earnings by an amount equal to their pension contributions. In exchange, the employer then agrees to pay the total pension contributions.
Pareto Matters – Autumn Budget Inheritance Tax Changes
Significant reforms to inheritance tax (IHT) were revealed in the Autumn Budget, marking the most substantial changes in over 18 years. The last major update on 22 March 2006, focused on IHT rules for trusts. The most recent measures, however, have a broader impact.
R3 in the North West responds to the October 2024 insolvency statistics
Corporate and personal insolvency rates in England and Wales saw significant decreases in October 2024. Corporate insolvencies fell by 10.4% from September and 23.8% year-on-year, reflecting improved trading conditions and pre-emptive actions by directors ahead of potential tax changes. Personal insolvencies declined by 14.4% month-on-month and 1.6% year-on-year, though Debt Relief Orders (DROs) increased due to regulatory changes that made them more accessible.
Vital role of good governance in driving sustainable success
Partner, Sue Hutchinson explores how robust governance drives trust, resilience, and ESG-focused success in the latest Lancashire Business View.
Insolvency-related activity in North West falls to eight-month low, R3 research finds
The number of insolvency-related activities in the North West fell to an eight-month low in September, according to new research from R3, the UK’s insolvency and restructuring trade body.
Beever and Struthers advise on another cross-border transaction with the sale of Heathside Trading to European-owned SAGA Invest
PAR Group was advised by Beever and Struthers, led by corporate finance director Dean Curtis and supported by corporate finance manager Patrick Wilson.
High earners may need to submit 2021/22 tax returns
HMRC have reported they are issuing letters to those with income over £200,000 in 2021/22, and more letters for £100,000+ earners may follow for 2022/23.
