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Helpful advice and company news from Barker Gotelee.

Resolution’s Good Divorce Week

Resolution, the national body of family practitioners in the UK, has launched their annual initiative to raise awareness of its members and the work they do. This year’s initiative is entitled Good Divorce Week 2020 (30 November – 4 December) and the main aim is to demonstrate the real value of early advice and why clients should […]

Wrongful trading – personal liability suspension extended

Earlier this year (March 2020) the Government temporarily removed the threat of personal liability arising from wrongful trading for directors who permit a company to continue to trade through the COVID-19 pandemic with no certainty that the company would be able to avoid insolvency in the future.  The initial suspension covered the period from 1 […]

The rise of ‘silver splitters’

Divorces among couples aged 50+ (so-called ‘silver splitters’) is on the rise despite the overall number of couples divorcing decreasing in recent years with 91,299 cases in 2018 compared to 102,007 in 2017. The increase has been attributed to an improved lifestyle with many mid-lifers feeling they are entering their prime and want to make […]

The UK’s personal debt crisis

According to the latest report from debt charity, StepChange, household borrowing and arrears associated with the pandemic have reached £10.3bn, a staggering increase of £4.3bn since May 2020 with the number of individuals with severe debt problems almost doubling since March 2020. The charity is calling for urgent government action to: extend and strengthen protections […]

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