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    Insolvency: Weekly Reviews

    RCM Weekly review for October 2019 - Week 42

    RCM Weekly review for October 2019 - Week 42

    Week 42 Review - Women's fashion retailer Bonmarche call in the administrators and Dragons Den star Peter Jones, planning to use a CVA to reduce costs to help secure the […]

    RCM Weekly review for October 2019 - Week 41

    RCM Weekly review for October 2019 - Week 41

    Week 41 Review - Luxury jeweller Links of London goes into administration putting 350 jobs at risk and Pizza Express hire advisers to help with its mountain of debt […]

    RCM Weekly review for October 2019 - Week 40

    RCM Weekly review for October 2019 - Week 40

    Week 41 Review - Prezzo's Company Voluntary Arrangement (CVA) appears to be bearing fruit as operating losses are halved to £20.7m for 2018 and John Lewis Partnership is the latest […]

     

    RCM Weekly review for September 2019 - Week 39

    RCM Weekly review for September 2019 - Week 39

    Week 39 Review - Builder of the London Routemaster bus, Wrightbus goes into Administration resulting in 1,200 job losses and Thomas Cook forced into compulsory liquidation. […]

    RCM Weekly review for September 2019 - Week 38

    RCM Weekly review for September 2019 - Week 38

    Week 38 Review - Thomas Cook has only hours to raise £200m in order to avoid falling into Administration and High Court rejects legal challenge against Debenhams' CVA. […]

    RCM Weekly review for September 2019 - Week 37

    RCM Weekly review for September 2019 - Week 37

    Week 37 Review - John Lewis posts a £25.9m loss for the first half of the year citing ongoing concerns over Brexit as major factor and one of the UK's largest pawnbrokers has ceased trading. […]

     

    RCM Weekly review for September 2019 - Week 36

    RCM Weekly review for September 2019 - Week 36

    Week 36 Review - Further woes for the high street restaurant trade as Restaurant group considering more than 150 closures and Arcadia report huge loses for year ending September […]

    RCM Weekly review for August 2019 - Week 35

    RCM Weekly review for August 2019 - Week 35

    Week 35 Review - Brexit uncertainty has caused the UK to fall to the bottom of the G7 GDP growth league. Today Canada has released it Q2 GDP figures with strong growth of 0.9% in the quarter […]

    RCM Weekly review for August 2019 - Week 34

    RCM Weekly review for August 2019 - Week 34

    Week 34 Review - Morrisons confirm that four stores are to close with the loss of up to 400 jobs & Harland and Wolff administrators confirm they have received several offers to buy the […]

     

    RCM Weekly review for August 2019 - Week 33

    RCM Weekly review for August 2019 - Week 33

    Week 33 Review - Turkish military fund reaches a provisional deal to buy British Steel and survey reveals that UK high street vacancy rate is at its highest for four years […]

    RCM Weekly review for August 2019 - Week 32

    RCM Weekly review for August 2019 - Week 32

    Week 32 Review - Tesco announce 4,500 job cuts at their Metro stores & Latest GDP figures estimate that the UK economy has contracted for the first time in 7 years. […]

    RCM Weekly review for August 2019 - Week 31

    RCM Weekly review for August 2019 - Week 31

    Week 31 Review - Latest statistics from The Insolvency Service reveal that number of personal bankruptcies at highest level since Q4 2014 and company insolvencies remain at high levels. […]

     

    RCM Weekly review for July 2019 - Week 30

    RCM Weekly review for July 2019 - Week 30

    Week 30 Review - Mothercare in talks to offload stores as sales continue to drop and average Household incomes hit record high, thanks to rising pay and lower taxes […]

    RCM Weekly review for July 2019 - Week 29

    RCM Weekly review for July 2019 - Week 29

    Week 29 Review - Homebase could be buying bathstore out of Administration and Government borrowing increases in June as new PM prepares to take over. […]

    RCM Weekly review for July 2019 - Week 28

    RCM Weekly review for July 2019 - Week 28

    Week 28 Review - Superdry predicting tough times ahead as it reports a £85.4m loss and Thomas Cook in £750m rescue deal talks with its largest shareholder. […]

     

    RCM Weekly review for July 2019 - Week 27

    RCM Weekly review for July 2019 - Week 27

    Week 27 Review - William Hill have announced that they are planning to close 700 shops putting 4,500 jobs at risk and Britain’s oldest building firm, R Durtnell and Sons ceases trading. […]

    RCM Weekly review for June 2019 - Week 26

    RCM Weekly review for June 2019 - Week 26

    Week 26 Review - Boots confirm that they plan to close 200 stores over the next 2 years and bidding deadline for British Steel nears with interest said to be limited […]

    RCM Weekly review for June 2019 - Week 25

    RCM Weekly review for June 2019 - Week 25

    Week 25 Review - UK public sector deficit widens to £5.1bn in May and Bathstore, the UK's largest bathroom retailer, is on the brink of going into Administration […]

     

    RCM Weekly review for June 2019 - Week 24

    RCM Weekly review for June 2019 - Week 24

    Week 24 Review - Arcadia’s CVAs finally get backing, Monsoon creditors seeking equity in return for supporting rescue and Mike Ashley challenges Debenhams' CVA.[…]

    RCM Weekly review for June 2019 - Week 23

    RCM Weekly review for June 2019 - Week 23

    Week 23 Review - Ford to close Bridgend engine plant with 1,700 jobs lost, Aviva cutting costs with 1,800 roles to go and Arcadia’s future in the balance as landlords oppose CVA[…]

    RCM Weekly review for May 2019 - Week 22

    RCM Weekly review for May 2019 - Week 22

    Week 22 Review - UK car production down by almost half in April and Monsoon considering a Company Voluntary Arrangement (CVA) in order to reduce rents[…]

     

    RCM Weekly review for May 2019 - Week 21

    RCM Weekly review for May 2019 - Week 21

    Week 21 Review - British Steel has been placed into compulsory liquidation putting 5,000 jobs at risk and Jamie’s restaurant chain enters Administration with the majority of sites to close[…]

    RCM Weekly review for May 2019 - Week 20

    RCM Weekly review for May 2019 - Week 20

    Week 20 Review - The owners of Cotswold Outdoor have announced that its CVA has been approved by its creditors and the number UK companies going into administration has hit a[…]

    RCM Weekly review for May 2019 - Week 19

    RCM Weekly review for May 2019 - Week 19

    Week 19 Review - UK economy rebounds to grow 0.5% in first quarter, however Personal insolvencies up 16% year-on-year. Fashion chain Select falls into administration. […]

     

    RCM Weekly review for April 2019 - Week 17

    RCM Weekly review for April 2019 - Week 17

    Week 17 Review - Government borrowing falls to lowest level for 17 years and Debenhams announce first 22 store closures with upto 1,200 staff affected […]

    RCM Weekly review for April 2019 - Week 15

    RCM Weekly review for April 2019 - Week 15

    Week 15 Review - Debenhams enters pre-pack administration, LK Bennett bought out of administration by the company's Chinese franchisee and are Arcadia lining up a CVA? […]

    RCM Weekly review for April 2019 - Week 14

    RCM Weekly review for March 2019 - Week 14

    Week 14 Review - UK productivity continues to flat line, Boots warn of store closures as sales fall and Pretty Green bought out of Administration by JD Sports […]

     

    RCM Weekly review for March 2019 - Week 12

    RCM Weekly review for March 2019 - Week 12

    Week 12 Review - This week: UK unemployment falls to 44-year low despite Brexit fears and Giraffe and Ed’s Easy Diner restaurant closures are approved by creditors for CVA […]

    RCM Weekly review for March 2019 - Week 11

    RCM Weekly review for March 2019 - Week 11

    Week 11 Review - Outsourcing sector in trouble again, as contractors Interserve and Dawnus go into administration. These failures are reminiscent of the Carillion collapse […]

    RCM Weekly review for March 2019 - Week 10

    RCM Weekly review for March 2019 - Week 10

    Week 10 Review - Brexit uncertainty hits estate agents Countrywide, Mike Ashley attempts to takeover at Debenhams and LK Bennett formally enter administration […]

     

    RCM Weekly review for March 2019 - Week 9

    RCM Weekly review for March 2019 - Week 9

    Week 9 Review - LK Bennett lines up administrators, retailer GAP announce that they are closing 230 stores globally and UK car output slumps 18 percent in January. […]

    RCM Weekly review for February 2019 - Week 8

    RCM Weekly review for February 2019 - Week 8

    Week 8 Review - Flybmi goes into administration with the loss of almost 400 jobs and a Record UK government surplus of £14.9bn recorded in January due to bumper tax reciepts […]

    RCM Weekly review for February 2019 - Week 7

    RCM Weekly review for February 2019 - Week 7

    Week 7 Review - Patisserie Valerie saved by private equity firm and retail sales bounce back in January. Irish-based private equity firm Causeway Capital Partners commented that they had […]

     

    RCM Weekly review for February 2019 - Week 6

    RCM Weekly review for February 2019 - Week 6

    Week 6 Review - HMV saved from administration and Bank of England maintain Interest rates at 0.75% whilst revising down UK growth forecast to only 1.2% this year.[…]

    RCM Weekly review for February 2019 - Week 5

    RCM Weekly review for February 2019 - Week 5

    Week 5 Review - Insolvency figures for 2018 released, Oddbins enters administration again and Ford announce 400 jobs to go at Bridgend plant in cost cutting drive[…]

    RCM Weekly review for January 2019 - Week 4

    RCM Weekly review for January 2019 - Week 4

    Week 4 Review - Patisserie Valerie finally collapses into administration, additional House of Fraser stores saved and Santander announce more branch closures. […]

     

    RCM Weekly review for January 2019 - Week 3

    RCM Weekly review for January 2019 - Week 3

    Week 3 Review - Store closures - Continued retail woes for M&S, Paperchase, Debenhams and New Look. Store openings decline and closures accelerate in 2018 […]

     

     

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    Advice that you can trust: Our Awards & Accreditations

     

    Award Seal Richard Cacho

    Richard Cacho Awarded No. 1 Insolvency Practitioner in Norfolk

    Richard Cacho award article

    Head Office - Norwich