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TURNAROUND, RESTRUCTURING & INSOLVENCY NEWS

PwC saves 1,800 jobs at Travelex

PwC saves 1,800 jobs at Travelex

12 Aug 2020Lauren Tavener
PwC has secured a deal that will save 1,800 UK jobs and a further 3,600 globally at Travelex, following an appointment as administrators
PwC saves 1,800 jobs at Travelex

PwC saves 1,800 jobs at Travelex

12 Aug 2020Lauren Tavener
PwC has secured a deal that will save 1,800 UK jobs and a further 3,600 globally at Travelex, following an appointment as administrators
Read more

Most recent in TRI

Most recent in TRI

As high street chains collapse, insolvency figures mask true picture

As high street chains collapse, insolvency figures mask true picture

12 Aug 2020
The number of corporate insolvencies remained low throughout June, and fell by half compared to June last year, but experts believe the figures are not reflecting the severe situation many UK firms are facing
CAPA appointed on over 90 Oasis/Warehouse stores

CAPA appointed on over 90 Oasis/Warehouse stores

11 Aug 2020
The administrators of the Oasis and Warehouse fashion chains have appointed CAPA to audit stores the businesses traded from around the UK, as another high street retailer fell victim to the effects of Covid-19
Quantuma agrees merger with K3 Capital Group

Quantuma agrees merger with K3 Capital Group

11 Aug 2020
Business advisory firm Quantuma has completed a merger with K3 Capital Group plc, for an initial consideration of £26.95m, to create an independent global advisory practice
Chancellor has “ignored commercial property landlords”

Chancellor has “ignored commercial property landlords”

11 Aug 2020
Commercial property landlords facing unpaid rents and vacant buildings have been forgotten by the government, says tax and advisory firm Blick Rothenberg
Debt advice charities call for protection from “predatory” IVA lead generators

Debt advice charities call for protection from “predatory” IVA lead generators

11 Aug 2020
Debt charities have urged the Insolvency Service to develop stronger rules to protect customers from bad practice among IVA lead generators

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Lloyds’ results analysis: Payment holidays reach 1.1m, as loss provisions hit £7.2bn 

Lloyds’ results analysis: Payment holidays reach 1.1m, as loss provisions hit £7.2bn 

11 Aug 2020Lauren Tavener
Lloyds Banking Group has granted 1.1 million payment holidays across mortgages, personal loans and credit cards, as allowances for credit losses increased by over £3bn to £7.2bn, according to its half-yearly report
Barclays offers 600,000 payment holidays across £16bn of loans and cards

Barclays offers 600,000 payment holidays across £16bn of loans and cards

11 Aug 2020Lauren Tavener
Barclays has offered 600,000 payment deferrals across £16.2bn of mortgages, loans and cards, while seeing £3.7bn losses on impaired assets, according to its half-yearly report
R3 issues warning as HMRC gets preferential creditor status

R3 issues warning as HMRC gets preferential creditor status

24 Jul 2020Marcel LeGouais
The insolvency and restructuring trade body R3 has hit out at HMRC’s new creditor status, which means that from December 1, the tax authority will be paid in full before other creditors during insolvencies
Personal insolvency professionals predict spike in cases through Q4

Personal insolvency professionals predict spike in cases through Q4

23 Jul 2020Lauren Tavener
Nearly two thirds of insolvency professionals who expect personal insolvencies to rise this year believe the increase will kick in between October and December, a study has found

TRI 250 - an index of influence and best practice

Index of influence in turnaround, restructuring and insolvency
Chris Campbell

Chris Campbell

Investment Director
rcapital
Frances Coulson

Frances Coulson

Senior Partner Head of Insolvency & Litigation
Moon Beever
Kirstie Provan

Kirstie Provan

Partner
Begbies Traynor Group
Neal Weekes

Neal Weekes

Director
Gordon Brothers
Steven Cooklin

Steven Cooklin

Chief Executive
Manolete Partners
See all TRI 250 members

Upcoming events for your calendar

Women in Credit Awards
5 Oct

Women in Credit Awards

QEII Centre, London
Rounding off week is the Credit Week Gala Dinner. This is an opportunity to come together to network, build relationships, celebrate success and most importantly have a good time after an amazing week.
Find out more
Credit Summit
2 Dec

Credit Summit

QEII Centre, London
The penultimate event of Credit Week, the Credit Summit, is the UK’s largest, most established credit conference and exhibition.
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Premium: The outlook in credit as Brexit approaches

With just weeks left before a potential disorderly exit from the EU, Credit Strategy highlights why credit professionals should be aware of consumers’ inability to absorb a shock and why younger customers could be most at risk

Economic Outlook: Eurozone growth at decade high - Professor Trevor Williams

Presentation by Professor Trevor Williams, former Chief Economist Lloyds Bank Plc, at the TRI Conference 2017

Litigation Funding: de-risking restructuring and turnaround - Maurice Power, Ferguson Litigation Funding

Presentation by Maurice Power, Ferguson Litigation Funding at the TRI Conference 2017

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