Begbies Traynor

While businesses in Scotland and across the UK saw signs of early financial distress plateauing in the first quarter of 2022, Ken Pattullo, who leads independent business rescue and recovery specialist Begbies Traynor in Scotland, is warning businesses to batten down the hatches in the face of globa

Ken Pattullo and Kenny Craig of Begbies Traynor have been appointed joint administrators of Renfrew-based bus company Gibson Direct Ltd. Established in 1996, it had a fleet of 50 vehicles and operated in Glasgow and across Scotland.The bus company provided transport for football fans and held a numb

After some signs of economic recovery earlier last year, businesses in Scotland, along with the rest of the UK, saw a dramatic uplift in instances of advanced financial distress in the final quarter of 2021 as the emergence of the new Omicron variant hampered growth for businesses already impacted b

The latest Football Distress Survey, which has been conducted by Begbies Traynor since 2012, reveals that there has been no increase in the number of Scottish Clubs displaying signs of financial distress since the pandemic started. The findings are in contrast to a continuing credit crisis among Eng

Businesses in Scotland have seen a marked increase in levels of businesses experiencing advanced financial distress in the third quarter of 2021 compared to the previous quarter as the pressures of the pandemic took their toll following two years of restrictions and lockdowns. The latest Red Flag Al

Like the rest of the UK, Scotland is continuing to see a marked rise in early signs of insolvency year on year according to the latest Red Flag Alert data published today by business rescue and recovery specialist Begbies Traynor. However, it is feared that the scale of business distress is largely

Professional services firm Begbies Traynor has appointed personal insolvency specialist David Tannock as a manager based at its Glasgow office. With more than 18 years’ experience in the insolvency sector, Mr Tannock joins from an accountancy and business advisory services firm in Glasgow wher

The latest Football Distress Survey conducted by Begbies Traynor has revealed a 33% rise in the number of very early financial ‘Red Flags’ at Scottish football clubs. The survey, which has been conducted annually since 2012, has previously revealed a deceptively rosy picture of

National professional services consultancy Begbies Traynor Group has acquired construction sector finance broker MAF Finance Group in a deal worth up to £11.75 million.

While the UK Government’s insolvency prevention measures appear to be delaying companies from entering insolvency, the latest Red Flag Alert data published today by Begbies Traynor has found that in Scotland there has been a 45% year on year rise in the early signs of financial distr

The latest Business Distress Index from Begbies Traynor has revealed the number of UK SMEs in significant distress now stands at 620,000 an increase of 76,000 in Q4 2020, putting 2.8 million jobs under threat.

As mainland Scotland entered the third coronavirus lockdown under national guidelines, the housing market braced itself for another slowdown following attempts to catch up due to the four-month shut down which commenced in March 2020. To restart the housing market, encourage vendors to increase thei

The number of businesses in financial distress in Scotland is continuing to soar with almost 33,000 experiencing early signs of distress in the final quarter of 2020, according to the latest data published today by Begbies Traynor.  This 30% increase compared with the same period the previous y

Sharon McDougall, part of Begbies Traynor's Scotland Debt Solutions Team, discusses how a personal debt crisis can be handled during the current COVID-19 pandemic. The coronavirus pandemic has been a testing period for workers across the country as work reduces, income halts and employees are placed

Sharon McDougall, part of Begbies Traynor's Scotland Debt Solutions Team, discusses the outlook for businesses after the end of the furlough scheme. The Coronavirus Job Retention Scheme (CJRS) continues to provide a lifeline to millions of workers across the country during the coronavirus pandemic b