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09-04-2020 Risk

COVID‐19 will cause unpaid business debt to double to £8.6 BILLION

Economic disruption caused by COVID‐19 will see unpaid business debt double to more than £8.6bn
this year. According to The Insolvency Service over 17,000* companies went out of business in 2019, with analysis by financial risk firm Red Flag Alert showing this meant £4.3bn of invoices were written‐off.
Luxury Cars: The Perfect Vehicle for Money Launderers

11-12-2019 UK Business News Risk

Luxury Cars: The Perfect Vehicle for Money Launderers

In September this year supercar enthusiasts from around the world gathered at a quiet former monastery in Switzerland for a unique opportunity. Twenty-five supercars, including Ferraris, Maseratis and Lamborghinis were all up for auction – but what made this unusual was that they were all from a single collection.

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