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Higher Education needs to consider all options from mergers to insolvency in the current climate
Lindsey Cooper

09 July 2020

The recent report from the Institute for Fiscal Studies paints a fairly gloomy picture for Higher Education and identifies that up to thirteen establishments may be at risk of insolvency.

40 per cent of Bounce Back Loans may go bad
Gareth Harris

06 July 2020

UK banks are gearing up to 40 per cent (circa £11bn) of loans from the Bounce Back Loan Scheme (BBLS) to potentially be written off as irrecoverable according to RSM, and all this at the expense of the taxpayer.

RSM appointed administrators to manufacturing businesses following prepack sale
Paul Dounis

01 July 2020


Paul Dounis and Matthew Haw of RSM Restructuring Advisory LLP were appointed as joint administrators to Jablite Limited and Styropack (UK) Limited on Monday 15 June 2020.

CIGA 2020: will the new insolvency law help businesses stay afloat?
Lindsey Cooper

01 July 2020

The Corporate Insolvency and Governance Act 2020 (CIGA 2020) sped through drafting and parliament in a matter of weeks, but how effective will it be at saving businesses throughout the coronavirus crisis?

Funding options for recruitment businesses in a coronavirus and post-coronavirus world
Neil Thomas

For many recruitment businesses the option of ‘delay, wait and see’ has become increasingly unviable. Businesses will need to adapt to survive. Any funding shortfall coronavirus has caused requires careful planning, execution and management.

Four key takeaways from the Corporate Governance and Insolvency Bill
Lindsey Cooper

22 May 2020

The Corporate Governance and Insolvency Bill amends the current UK insolvency and company laws to help businesses deal with the impact of coronavirus. But what are the measures and how will they affect businesses?

Tyrone Courtman

Partner

Tyrone is a Partner based in Leicester and is an expert in Restructuring, a Chartered Accountant and a Licensed Insolvency Practitioner. He is well known and highly regarded across the East Midlands/Midlands business community and has extensive experience in financial restructuring and recovery across various sectors.

RSM responds to Government measures to protect higher education sector
Lisa Randall

04 May 2020

Today the Government announced a range of measures to protect the higher education sector which will be seen as a positive step for most university providers.

Q1 insolvency figures – calm before the storm?
Graham Bushby

30 April 2020

The number of companies entering insolvency procedures in the first quarter (Q1) of 2020, according to figures released by the Insolvency Service today, decreased when compared with the previous quarter (Q4 2019) and the same quarter last year (Q1 2019).

Personal insolvencies: on the decline, or a temporary respite?
Alec Pillmoor

30 April 2020

The number of individuals entering a personal insolvency procedure has fallen for the fifth consecutive quarter.

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