March Insolvency Statistics

March Insolvency Statistics

Restructuring & Insolvency Manager Claire Mateer takes a look at the insolvency statistics for March.  Until 17th April creditors have been unable to issue winding up petitions against companies in Northern Ireland as a result of restrictions arising from the...
NI Courts Reopen to Creditor Winding up Petitions

NI Courts Reopen to Creditor Winding up Petitions

The reopening of the Bankruptcy and Companies Master’s Court on 17 April 2023 to creditor winding up petitions will prompt the pursual of a significant number of struggling businesses in Northern Ireland.  Guidance from the Bankruptcy and Companies Master released...
Long-term Planning Critical as Staffing Pressures Continue  

Long-term Planning Critical as Staffing Pressures Continue  

By Michael Branniff, Business Services Partner at Baker Tilly Mooney Moore After entering 2023 with a depressing economic outlook, the markets remain unsteady as we make our way through spring. Inflation is not on the downturn yet, overheads remain high for businesses...
National Minimum Wage and National Living Wage

National Minimum Wage and National Living Wage

The rates for the National Living Wage (for those aged 23 and over) and the National Minimum Wage (for those of at least school leaving age) will increase on 1 April. The new rates are: 23 and over 21 to 22 18 to 20 Under 18 Apprentice April 2022 (current rate) £9.50...