News

Hundreds of jobs on the high street are in jeopardy as Ted Baker's operations teeter on the edge of Administration.

The Economic Crime and Corporate Transparency Act 2023 is ushering in a new era for Companies House, with the first wave of transformative powers set to take effect from 4 March 2024. These changes are poised to reshape the landscape of financial oversight, marking a significant milestone in the evolution of Companies House.

The UK entered into a recession in the second part of 2023 but what is a recession and how does it effect businesses?

Restaurateur, Heston Blumenthal, has called for new measurers to be put in place to stop identify fraud being committed through Companies House. The scammers are setting up a limited company under a similar name to the group and then taking advantage of the brand to receive goods or using overdraft banking facilities.

Like many businesses, The Body Shop did not see the footfall it needed over Christmas and in the January sales, the company is now in significant financial trouble and there are planned shop closures and redundancies.

The Liquidation of Chinese property developer Evergrande is huge news for the industry, it was the second largest developer in China by sales and was founded nearly 28 years ago but a Court has ordered that it enter into Liquidation.