Griffin & King

Business failures are set to rise by up to 10% over the next 2 years according to a study by BDO LLP recently.

The High Court has recently ruled that untouched private pension pots of undischarged bankrupts can be used to pay off creditors.

Germany and France have moved towards a bruising and potentially destabilising showdown on how to tackle the European debt crisis.

Unemployment in Spain has hit almost 25% amidst concerns that the countries banking sector may need a huge €120 Billion bailout before the end of the year.

British house prices have risen by 50% since 2001 according to LloydsTSB analysis of best performing international housing markets. This ranks the UK 13th in the table.

Europe’s biggest banks could see the amount of capital they are required to hold in reserve more than double.

Company insolvencies were up 7.4 per cent during the final report of last year in England and Wales compared to the same period in 2010.

The High Court recently judged that the liquidator of a company had been wrong to pursue two companies’ directors for wrongful trade

George Osborne has recently been reported that his objective is to reduce corporation tax to 20% which is significantly lower than other Western economies and would be great for UK business.

The Greek ‘debt deal’ has now been secured which kicks the problem firmly up the road. In immediate terms this should have a massive positive effect for the EU and this has avoided a huge disorderly default.