Flybe – What Happened?
Flybe recently collapsed for the second time in (just) under three years. As with its first collapse, the pandemic will be publicly blamed. Also as with its first collapse, this is very far from being the whole truth. Flybe’s second collapse happened for much the same reasons as its first collapse. Those reasons go way […]
The Government Begins To Wind Down Temporary Insolvency Protection
With the vaccine rollout well underway, the COVID19 pandemic looks to be entering its final stages. As a consequence of this, COVID19-specific relief measures are being withdrawn. They are being replaced by targeted (and hence smaller-scale measures). The latest change is to the temporary insolvency measures. Here is what you need to know. The introduction […]
The importance of insolvency law
While insolvency law can seem intimidating, it actually exists to serve a very important purpose, namely to ensure the orderly wind-up of a company. When a company goes into insolvency, there are three groups of people who feel the main impact of it, they are creditors, staff (directors and employees) and shareholders. Insolvency law gives […]
Personal insolvencies – a sign of the new age of employment
According to government statistics, unemployment is low, but personal insolvencies are on the rise and are now at a 10-year high. Understanding this situation, requires understanding the statistics which underpin it. Unemployment, employment and the grey zone in between Unemployment statistics are based on a “labour force survey”, which is carried out every three months […]