Carillion demise!

Carillon likely to be placed into administration or liquidation today as talks with its lenders breakdown Carillion employs 20,000 people in the UK but has debts of more than £1.5bn including a huge shortfall on its pension scheme. ...

Our latest insolvency appointments……

Andrew Nichols and John Butler were appointed joint liquidators of a well known car body repair shop business in Scunthorpe.  Having traded for 5 years or so, the company was faced with losing one of its biggest clients.  This, along with the ever increasingly difficult trading conditions, caused the company to cease to trade, resulting in the loss of its skilled workforce and a well known business serving the Scunthorpe community. ...

Monarch – the competition are circling!

The demise of the budget airline Monarch which hit the news last week was bad news for those people who have flights and holidays booked.

However, it seems that it has been good news for some of Monarch’s competition.  Share prices in Easyjet and Wizz Air to name a couple, have risen by around 5%.  Ryanair, who are facing their well publicised own problems, also seem to be capitalising with their share prices also rising.  In addition it has been reported that Ryanair intend to offer Monarch’s pilots jobs.  Perhaps this will help sort their mess out. ...

Free Seminars!

Redman Nichols Butler are holding a series of free seminars.

The seminars, presented by Ronnie Pannu, who is an independent tax consultant, will focus on tax avoidance schemes, HMRC’s approach to settlement of tax schemes and what the implications of that approach will mean for your clients. ...

Oh we don’t like to be beside the seaside!

The BBC think tank have recently reported that some of the UK’s coastal areas are among the worst off in the Country in terms of wages, health and unemployment and the difference between coastal and non coastal regions continues to grow.  These areas include such towns as Hartlepool, Hastings and Sunderland and many more! ...