Business Recovery
Our coverage on Business Recovery explores the strategies, regulatory frameworks, and advisory services that support distressed businesses across the UK. Accountancy Today reports on insolvency trends, restructuring initiatives, and turnaround strategies employed by accountancy firms and insolvency practitioners. We analyse the impact of economic factors such as inflation, interest rates, and sector-specific challenges on business stability. This coverage provides accountants, partners, and firm leaders with insights into navigating financial distress, implementing recovery plans, and advising clients through periods of uncertainty.
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Jul- 2025 -2 JulyBusiness
Menzies merges with Haines Watts Wales
Accountancy firm Menzies LLP has merged with Haines Watts Wales, expanding its presence in South Wales and bolstering its Cardiff office. The deal will see a 20-strong team from Haines Watts Wales, including two new partners, join Menzies, bringing the combined Cardiff team to more than 40 people. The office…
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Apr- 2025 -30 AprilNews-In-Brief
Today’s news in brief – 30/4/2025
CHW, a Bolton-based accountancy practice, will rebrand as Cowgills at the end of April, solidifying its identity within the Cowgills group, which it joined via a 2016 acquisition. The change supports Cowgills’ wider strategic goals following its recent acquisition of NRB in Wigan and integration into the Sumer Group in…
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30 AprilPeople Moves
Tom Russell from James Cowper Kreston appointed president of R3
James Cowper Kreston has announced the appointment of Tom Russell as president of R3, the Association of Business Recovery Professionals. Russell, who is also the director of the Turnaround, Restructuring and Insolvency (TRI) team, has served as R3’s vice president since April 2024. R3 is a leading association for insolvency…
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23 AprilBusiness
Dains joins AGN International as full member
Dains Accountants has joined global accounting association AGN International as a full member. AGN International represents high-calibre firms across over 80 countries and is known for its rigorous admission standards and focus on professional excellence. As a member, Dains gains access to a trusted global network, enabling it to offer…
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Mar- 2025 -5 MarchPeople Moves
Begbies Traynor Group appoints new director to Exeter office
Begbies Traynor Group has appointed Michael Hall as director in its Exeter office to enhance and expand its insolvency, rescue and restructuring services for businesses across Devon and Cornwall. Hall brings more than two decades of experience as a financial services professional to the business recovery, financial advisory and property…
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Feb- 2025 -11 FebruaryPeople Moves
PKF Smith Cooper director becomes licensed insolvency practitioner
PKF Smith Cooper has revealed its Business Recovery and Restructuring director Emily Oliver has become a licensed insolvency practitioner. Oliver joined PKF Smith Cooper 15 years ago as an Insolvency administrator and has since been promoted five times, becoming Business Recovery and Restructuring (BRR) director in 2023, and is based…
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11 FebruaryPeople Moves
PKF Smith Cooper names lead for Nottingham Business Recovery team
PKF Smith Cooper has announced that Dean Nelson will head up the firm’s Business Recovery and Restructuring team in its Nottingham office, bolstering its presence in the East Midlands.Nelson is a partner at PKF Smith Cooper with over 25 years’ experience in business recovery and restructuring, and will be working…
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Jan- 2025 -10 JanuaryPractice
PKF Smith Cooper named administrator for Home Curtains
PKF Smith Cooper is set to oversee the administration of Nottinghamshire-based Home Curtains UK Limited, an importer and retailer of soft home furnishings.The company will shortly enter administration following a “challenging period” of rising costs and declining consumer demand, with Dean Nelson of PKF Smith Cooper to be appointed as…
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Dec- 2024 -13 DecemberLatest News
Begbies Traynor Group acquires White Maund Insolvency Practitioners
Professional services consultancy Begbies Traynor Group plc is expanding its business recovery team in Brighton with the acquisition of White Maund Insolvency Practitioners. The transaction will increase the group’s existing 20 strong team in Brighton through the addition of four experienced team members, including Chris Latos and Tom D’Arcy who…
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Nov- 2024 -13 NovemberNews-In-Brief
Today’s news in brief – 13/11/2024
RMT Accountants has acquired KSA Group, a restructuring firm, marking its third acquisition under the Sumer Group, a network for mid-market accountancy firms serving SMEs. The acquisition strengthens RMT’s presence in business recovery and insolvency. KSA’s 15-person team, including four directors and two licensed insolvency practitioners, will stay on, with…
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