Stay updated with breaking news from Greg Palfrey. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Kent-based beer manufacturer Cellar Head Brewing Company has announced the immediate closure of the business after it was forced to enter administration.
Carzam founder Peter Waddell has blamed the faltering performance of online-only car retail businesses including Cazoo for the venture’s failure.
According to Greg Palfrey of Smith and Williamson, we’ll see waves of insolvency this year as sector by sector, businesses feel the pinch. Government support measures have been a lifeline for millions of UK businesses. As of February 2021, £53.8bn have been claimed under the Coronavirus Job Retention Scheme (CJRS), furloughing 11.2m people. Over 1.5m businesses have received loans worth over £74bn, including future fund loans, business interruption schemes and bounce back loans. But, says Greg Palfrey, Partner and National Head of Restructuring & Recovery Services at Smith...