Adrian Hyde, President

IPA Insolvency Practitioner newsletter, January 2025

I was giving some thought to the content of this month’s column, and, from an insolvency perspective, it has been a quiet month.  Whilst that is not entirely surprising with it being the Christmas and New Year break, we do appear to have passed the December Rent Quarter Day without any major announcements. And whilst the December corporate insolvency statistics were up 10% on November, they are still behind the December 2023 numbers. Added to that the positive growth in the economy announced this week (albeit the figures are announced almost 3 months in arrears), things do not appear to be too bad.

So, I will stick to a positive new years message! Things are looking hopeful for a Middle East ceasefire, and fingers crossed that it holds.  Let’s also hope that the détente which this brought from incoming President Trump towards outgoing President Biden is also a sign of a positive future.

At the IPA, we are also going into the New Year with a positive outlook; 2024 saw our training and education programme deliver great results with well attended, and in some cases sold-out, events.  Overall things ended with the organisation in excellent financial condition, and with our new CEO Marcial in place to drive us into the next phase of our growth and development. This year will see us deliver more events, to more people, in more places, and I would encourage you all to dip your toe in the water if you haven’t already done so; in my view the quality of the content and delivery is second to none.

The first major event on the agenda is the IPA Awards Charity Dinner on 6 March which, on the basis of last year’s evening, promises to be an excellent event. I would encourage you to check this out on the website and to nominate deserving team members and colleagues in your firms for one of the awards.

Happy new year one and all,

Adrian