FRP Advisory Group (LON: FRP) chair Penny Judd acquired an initial 39,995 shares at 125p each on 16 February following the third quarter trading statement. Nigel Guy retired on 2 January and Penny Judd took on the role. Penny Judd has directorships of AIM companies LendInvest, Alpha Financial Markets Consulting, TruFin and Team17 Group. She […]

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A combination of organic and acquisitive growth continues to push forward the figures of AIM-quoted business recovery services provider Begbies Traynor (LOB: BEG) with higher insolvency figures increasing demand. Organic growth was around 6%. The growth came from both the business insolvency business and the property and transactional services operations. Begbies Traynor has 14% of […]

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UK insolvency litigation financing company Manolete Partners (AIM:MANO) booked bumper full-year financial results, with the increased number of insolvencies likely offering the company an unusual range of opportunities. The company was given a boost by a 36% year-on-year jump in revenues, up to £18.7 million, alongside a 139% increase in new core investments in UK […]

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German payment processing and financial services company Wirecard (ETR:WDI) saw their shares plummet over 95% so far during trading this week, with the company announcing on Thursday that it had filed for insolvency. The move comes as the company finds itself in the midst of an accounting scandal, with a €1.9bn hole in its finances. […]

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Bank of England governor Andrew Bailey candidly revealed the true extent of the impact of the coronavirus pandemic on the UK economy, admitting that Britain reached the brink of insolvency in the early stages of the outbreak. If the Bank had not intervened, the government would have faced a “market meltdown” and struggled to fund […]

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