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| Restructuring
An overview of news, trends and research in Restructuring consulting in the UK:
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No news found.
Interpath Advisory commences life as independent business
Having rebranded in March, the former restructuring practice of KPMG UK is formally launching as an independent firm.
05 May 2021
Football Index faces government probe following administration
Online gambling platform Football Index collapsed into receivership in March, following with the appointment of administrators from Begbies Traynor.
30 April 2021
David Rubin & Partners to oversee Brooks Brothers administration
US business attire retailer Brooks Brothers has seen its UK wing fall into administration, after suffering from a lack of demand for its products as people worked from home.
14 April 2021
Administrators secure deal for Wigan Athletic
The future of former Premier League football club Wigan Athletic looks to have been secured, after administrators from Begbies Traynor announced new owners had been found.
17 March 2021
5,000 steel industry jobs at risk following Greensill collapse
The collapse of Greensill Capital into administration has placed thousands of jobs in the UK’s steel industry in jeopardy.
15 March 2021
KPMG's UK restructuring arm rebrands as Interpath Advisory
The UK wing of KPMG has signed an agreement with H.I.G. Europe to sell its UK restructuring practice.
05 March 2021
Greensill Capital lines up Grant Thornton for restructuring
Fintech firm Greensill Capital may be heading for bankruptcy after Credit Suisse froze $10 billion of its assets.
05 March 2021
EY appointed to shopping centre administration
Consultants from EY have been appointed to the administrate shopping centre owner IRAF UK Dragon.
01 March 2021
Teneo 'in advanced talks' for Deloitte's UK restructuring arm
The continued saga regarding Deloitte’s UK restructuring business took another turn at the mid-point of February, months after Deloitte’s global leadership supposedly ruled out such a move.
16 February 2021
Begbies Traynor oversees administration of Tucan Travel
Specialist tour operator and travel agency Tucan Travel has collapsed with the loss of nine jobs.
04 February 2021
RSM administrators complete sale of Bonmarché
In late 2020, fashion retailer Bonmarché fell into administration for the second time in 14 months, placing 1,500 jobs at risk.
21 January 2021
Private equity moving in on KPMG's restructuring division
The sale of KPMG UK’s restructuring arm is reportedly progressing at pace, just months after the global leadership of Big Four rival Deloitte vetoed similar efforts in its own British wing.
11 January 2021
Paperchase becomes latest victim of Covid-19 recession
UK stationary firm Paperchase is reportedly on the brink of administration, after muted Christmas sales thanks to Covid-19 restrictions.
11 January 2021
Deloitte to oversee BiFab administration
Administrators from Deloitte have been formally appointed to take control of the insolvent renewables manufacturer.
17 December 2020
Bonmarché appoints RSM for second administration in 18 months
Days after the collapse of retail empire Arcadia, fashion retailer Bonmarché has fallen into administration, placing 1,500 jobs at risk.
07 December 2020
Deloitte named administrator as Arcadia collapses
Arcadia, the scandal-stricken parent firm of Topshop, Miss Selfridge and Burton among others, has appointed administrators from Deloitte.
03 December 2020
FRP Advisory appointed for Peacocks and Jaeger administrations
Peacocks and Jaeger have been placed into administration by parent company EWM Group, putting over 4,700 jobs at risk.
27 November 2020
Quantuma appoints Fred Satow as Director in London
Business advisory firm Quantuma has appointed Fred Satow as a Director in its London team. Satow brings more than 40 years of experience in professional services and insolvency work to the role.
24 November 2020
KPMG appointed to historic silk company administration
A silk company which has been trading in a Suffolk town for almost 250 years has gone into administration.
17 November 2020
Quantuma sells nursing home out of administration
Consultants from Quantuma have completed the sale of a Welsh nursing home for more than £2 million. The deal follows the home’s owner, Gwent Nursing Homes, placing itself into administration more than a year ago.
12 November 2020
Grant Thornton named administrator of glass business
Sarah O’Toole and Jason Bell of Grant Thornton have been appointed administrators of Total Glass.
09 November 2020
Harrogate Councillors call for KPMG report to be made public
A local council is coming under pressure to make a report prepared by consultants from KPMG public.
05 November 2020
Rescuing steel tycoon Pramod Mittal who owed £2.5 billion
How does anyone end up going bankrupt with debts of over £2.
02 November 2020
Following Deloitte, KPMG explores sale of restructuring arm
The UK arm of KPMG is reportedly mooting the sale of its restructuring arm, just months after the global leadership of Big Four rival Deloitte vetoed similar efforts in its own British wing.
29 October 2020
Cinema chain Cineworld calls in AlixPartners and PJT Partners
The world's second-biggest cinema chain Cineworld has brought in a team of consultants from AlixPartners and PJT Partners to help it come through the most challenging period in its 25-year history.
27 October 2020
Duff & Phelps looks to match cash strapped SMEs with investors
Buoyed by heightened demand for its restructuring services, Duff & Phelps has bucked a consulting industry trend by expanding its multifaceted offering throughout 2020.
22 October 2020
BDO may bail out Spanish sister firm after hefty audit fine
The global network of audit and advisory firm BDO – including its UK office – may be forced to bail out its Spanish wing, after it was stung with a massive penalty for its alleged role in an accounting scandal.
13 October 2020
Grant Thornton sells recycling business out of administration
Audit and advisory firm Grant Thornton has sold a South Yorkshire based recycling group out of administration.
13 October 2020
Grant Thornton sells Cylinder Service Centre out of administration
The acquisition of North East automotive maintenance firm The Cylinder Service Centre has preserved 30 jobs in the region.
06 October 2020
Mazars appointed to liquidate international college
MLS International College has collapsed amid the continued Covid-19 pandemic, with liquidators from Mazars being appointed to the Bournemouth-based international college.
05 October 2020
Deloitte Global vetoes plans to sell UK restructuring unit
The prospective sale of Deloitte UK’s restructuring unit has been torpedoed by the Big Four firm’s global leadership.
30 September 2020
Six ways to protect your business from the Covid-19 recession
Both public safety and the global economy are experiencing uncertain times due to the Covid-19 pandemic – not to mention the fact that the UK has entered its second recession in 12 years.
24 September 2020
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