
With many businesses headed towards a ‘winter of discontent,’ dealing with a combination of the after-effects of Covid-related disruption, supply chain issues, soaring inflation and labour shortages, we are undoubtedly going to see a continued rise in insolvencies over the coming months which will emerge in many different and often unpredictable forms.
First, we may see regulatory action leading to the closing down of financial services providers. We saw this in July when Dolfin, an FCA-regulated wealth management firm, entered into special administration...
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