Insolvency Reforms Announced

In the wake of the liquidation of Carillion, the administration of House of Fraser and a number of high profile CVAs, the Government has announced a number of proposed reforms to the current corporate insolvency and corporate governance frameworks which contain the most significant changes since the 2002 Enterprise Act.
The aim of the reforms is to ensure that companies are given every possible opportunity to be restructured while also ensuring that, where a company is not viable, those in charge of the company act properly and fully discharge their responsibilities...

Budget date announced as 29 October 2018

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The Treasury has announced that the 2018 Budget will be delivered on Monday 29 October, a few weeks earlier than the November date which would ordinarily have been expected. Interestingly, this will be the first Budget delivered on a Monday since 1962, and the first delivered in October since 1945. Officially, the Treasury has said that this timing gives Parliament more time for debate before it rises for recess on 6 November – whether it also has anything to do with falling between two key Brexit summits in mid-October and mid-November is a matter for conjecture...

Insolvency Reforms Announced

In the wake of the liquidation of Carillion, the administration of House of Fraser and a number of high profile CVAs, the Government have announced a number of proposed reforms to the current corporate insolvency and corporate governance frameworks which contain the most significant changes since the 2002 Enterprise Act.

The aim of the reforms is to ensure that companies are given every possible opportunity to be restructured while also ensuring that, where a company is not viable, those in charge of the company act properly and fully discharge their responsibilities...

Why work for a boutique independent firm?

By Wayne Horwood

 

wayne horwood HNH Group Belfast

Wayne Horwood, HNH Group

As the HNH Group is about to embark upon expansion in both the Deal Advisory and Business Advisory & Restructuring teams, I asked myself the question: “Why would someone want to join a boutique locally owned firm such HNH as opposed to gaining experience in the more traditional big four accountancy firm environment?”

Rather than just brain dumping, I thought no better place to start than to ask the existing HNH team for their views...

What Lies Beyond The Window?

By Rory Moynagh

shop window

It is obvious to many that the High Street of 2018 looks very different to its 1990s self. Following the stampede of relocations during the nineties and early noughties to out-of-town shopping centres, many High Streets throughout the country have been left decimated. So much so that vacant units and ‘temporary’ facades are now common place and almost the accepted norm...

wayne horwood HNH Group Belfast

10 Years of Being a Business Owner: 10 Things I Have Learned

By Wayne Horwood, Director, HNH Group

 

wayne horwood HNH Group Belfast

Wayne Horwood, HNH Group

1. Be passionate. Having had the courage to make the decision to be a business owner, it is ok to let colleagues, clients and stakeholders know you are passionate about your business. Passion can be infectious.

2. Never be afraid to make mistakes. It is better to try something new, learn from it and be decisive in changing direction than being afraid to make a decision in the first place...