27th November 2019
What to watch out for on Black Friday

Struggling Shoppers Urged to Avoid Black Friday Sales

With less than a week to go before the pre-holiday sales event, many shoppers are planning how they will take advantage of Black Friday and Cyber Monday sales. But individuals that are in debt or […]
20th November 2019
How to Close Your PSC if You’re Affected by the Banking Contractor Ban

How to Close Your PSC if You’re Affected by the Banking Contractor Ban

If you are a contractor planning to close down your solvent limited company (PSC) then depending upon how much cash there is left, using a Members Voluntary Liquidation (MVL) could be the most tax-efficient way […]
7th November 2019
Small Business Owner Confidence Dips to Nine Year Low

Small Business Owner Confidence Dips to Nine Year Low

Britain’s small business owners are less confident about the future now than they have been for nine years, according to survey evidence form the Federation of Small Businesses (FSB). The small business interest group claim […]
6th November 2019
Sarah Mcclean employee of the month october

Congratulations to Sarah McClean on winning the Umbrella Group Employee of the Month Award

We are delighted to announce that Sarah McClean, Insolvency Administrator, has won the Umbrella Group October Employee of the Month Award! “Since starting with the firm in June 2017, Sarah has always demonstrated a strong […]
4th November 2019
Personal Insolvency Levels Near Ten Year Highs

Personal Insolvency Levels Near Ten Year Highs

The number of people facing insolvency is on course to reach the highest level for almost a decade in 2019, after an annual increase of more than 22% in September. Company insolvencies also increased for […]
30th October 2019
Almost One-in-Three Expect Finances to Worsen in 2020

Almost One-in-Three Expect Finances to Worsen in 2020

Debt charity polling reveals that twice as many Brits believe that their financial situation will get worse, rather than better, over the next 12 months. Around one-in-three Brits (29%) think that their personal finances will […]
14th October 2019
Will Pizza Express Go Bust?

Will Pizza Express Go Bust?

Pizza Express, one of the UK’s largest and most recognisable casual dining chains, is struggling under a mountain of debt. The pizza chain owes more than £1.1bn to various lenders and some industry watchers fear […]
10th October 2019
Umbrella Insolvency tea and talk world mental health day

Umbrella.uk Insolvency are supporting World Mental Health Day on Thursday 10th October.

Umbrella.uk Insolvency are supporting World Mental Health Day, on Thursday 10th October. We are also fundraising for Mind, the mental health charity, throughout October. The World Health Organisation recognises World Mental Health Day on 10 October every year. This […]
8th October 2019
UK Faces Heightened Recession Risk

UK Faces Heightened Recession Risk

Some market watchers believe that the UK economy may have already tipped into recession following a downturn in the nation’s dominant services sector. The IHS Markit/CPS purchasing managers’ index for services fell to a six […]
30th September 2019
Thomas Cook Staff Protest as Industry Counts Cost of Liquidation

Thomas Cook Staff Protest as Industry Counts Cost of Liquidation

Thomas Cook staff are planning to protest at the Tory party conference in Manchester and later at Downing Street over the government’s decision not to step in and save the travel operator. Thomas Cook, the […]