Articles

It is important to understand the roles and responsibilities of being a director when your company is entering in to liquidation. In this article, we look at the dos and don'ts of your responsibilties.

In the wake of the economic turmoil caused by the COVID-19 pandemic, the UK government rolled out a lifeline for struggling businesses in the form of Bounce Back Loans (BBL). While this financial support was vital for numerous businesses, unfortunately it also created an opportunity for fraud. This article sheds light on the various types of fraud associated with BBL, exposing the challenges faced by authorities in safeguarding public funds.

Financial stability and a good credit rating are essential for individuals and businesses alike. When facing financial difficulties, the decision to opt for liquidation, a process that involves winding down a company and settling its outstanding debts, can have far-reaching consequences, including the potential impact on one's credit rating. In this article, we will explore how liquidation can affect your credit rating.