Articles & Updates

The BTG Advisory team in Leeds, part of leading independent business rescue and recovery specialist Begbies Traynor Group plc, has been recognised in this year’s Yorkshire Dealmaker Awards for its work on the MBO of Expect Distribution which won the Deal of the Year (between £5m-£25m).

The UK’s inflation-induced economic slowdown is expected to dampen fourth-quarter activity in the real estate sector as investors and lenders reassess the rapid reversal in monetary policy, the outlook for occupier markets, investor appetite, and financing liquidity.

The Bank of England’s (BoE) jumbo 75 basis point interest rate hike last Thursday (3 November) came with a bleak warning that the UK economy is heading for recession that could last until mid-2024.

The UK construction industry is starting to show early signs of stress and distress. Successive external shocks have tested the industry’s resilience – from the consequences of Brexit to the Covid-19 pandemic and the war in Ukraine.

Jeremy Hunt, the UK’s fourth Chancellor of the Exchequer in four months, reversed around two-thirds of his predecessor’s £45bn tax cuts and scaled back the energy scheme on Monday (17 October) to reassure markets over the UK’s fiscal sustainability.

The European aviation industry’s post-pandemic demand recovery may already have peaked.