Register of Overseas Entities goes live
On August 1st regulations in the UK came into play requiring all foreign companies owning UK property to identify their owners in an official register. This move was seen by many as an effort to reduce the ease with which Russian oligarchs, and their money can operate undetected in the
Temporary insolvency measures are ending… but…
This week the government announced that temporary measures introduced under the Corporate Insolvency and Governance Act 2020 will now expire on 31st March.The temporary measures increased the limit upon which a Winding Up Petition could be presented against a company from £750 to £10,000 or more. From 1st April 2022,
Conflict International complete world’s largest Due Diligence assignment
London based global investigation and risk intelligence agency Conflict International announce this week the completion of an unprecedented record breaking assignment spanning all five continents. Acting confidentially for a reclusive Arctic Circle based client, the Conflict team were able to conduct discreet research to achieve the client’s objective - that being
Enforcing restrictive covenants – sometimes the gloves need to come off…
Conflict International are the experienced turn to specialists in restrictive covenants enforcement investigations. As a company owner, few things invoke more fury or distress than staff dishonesty and disloyalty. Add to the equation a key person leaving your business to set up in competition, often in breach of restrictive covenants,
Social Media Abuse: How many more footballers to become victims?
Following the conclusion of the footballing weekend, British football has again been tainted by vile social media abuse. The Guardian confirmed earlier this month that several Twitter users who were banned after the Euro 2020 final were still posting on the platform under altered usernames. Social media abuse towards footballers is
Staff shortage and increased demand leaves UK in crisis over inflation fears
The easing of lockdown has seen a rapid surge in customer demand. Latest figures retrieved from HIS Markit/ CIPS show the strongest growth in UK business activity in 24 years. Which also means a staff shortage throughout the UK. The “eye-popping” surge in the U.K, post Brexit is heavily impacting the
Warning over fake scam text messages during lockdown
Scammers are already attempting to cash in on a third UK COVID-19 lockdown by sending scam text messages about government grants and coronavirus tests. The text about grants, purporting to come from HM Revenue and Customs, contain a number of grammar and spelling errors. Receivers of the text are then
French scammers target UK companies
A number of British companies have reported being duped by French scammers claiming to be professional buyers for hotels and distribution firms. Details of several examples of attempted fraud have been given to the Daily Mail where companies would be approached with orders on credit in an attempt to obtain the
Car dealer warns about Bounce Back Loan scams
A car dealer in Scotland is warning business owners to be on their guard after he almost parted with a £40,000 Porsche in a Bounce Back Loan scam. Jim Bogan, who is a partner and director at a prestige used car sales business in Airdrie, posted a video on Facebook with the
UK shipment of PPE from Turkey ‘useless’ – reports
400,000 gowns/PPE ordered by the UK Government from Turkey are 'useless' and fall short of UK standards, according to newspaper reports. The much-heralded shipment, spoken about regularly in government press briefings, was picked up by the RAF on a specially chartered flight last month. Its arrival was delayed after it emerged the
