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28 November 2021

Opinion from Adrian Leopard & Co

News impacting business from Adrian Leopard & Company - Insolvency Practioners & Mediators

Leopard News

It’s official – restrictions to be relaxed from 19th July

It’s official – restrictions to be relaxed from 19th July

It would be nice to be able to go and out believe you are safe but your safety will shortly be your own responsibility. No good relying on government any more

At the point of writing the precise relaxations are not yet known but we expect to hear from the Prime Minister shortly following the announcement from the Health Secretary in Parliament. By the time you read this probably the announcements will have been made.
So much in the way of mixed up figures now – deaths today over 22000

So much in the way of mixed up figures now – deaths today over 22000

Case numbers go up and so are restrictions on going to other countries even though vaccinations continue

As our daily cases number now has crept over 22000, we learn that Portugal is stepping up it measures against holiday makers who cannot prove they are double vaccinated. And Portugal is not alone – Malta is to disallow arrivals who are not doubly vaccinated from Wednesday and Spain also needs travellers to show they are doubly vaccinated or produce a negative PCR test.

Rise in UK cases is a real worry

Rise in UK cases is a real worry

We may yet have to batten down the hatches as cases start to increase exponentially

As the holiday and aviation industries get hot under the collar over the removal of Portugal from the green list, the ONS reports a 76.5% increase in cases in the past week in England.

Airships back in the news

Airships back in the news

Just think – noiseless travel in comfort; the ability to stop where you want and perhaps just hover in the sky. The possibilities are huge

Back in January we reported on how airships might become a transport of the future after the disastrous Hindenburg incident 84 years ago.

Summer holiday options reduced as online holiday agent cancels bookings until September

Summer holiday options reduced as online holiday agent cancels bookings until September

All sorts of problems about going abroad on holiday and the earliest departure date has not even arrived yet

Is it all just too much of a frenzy? Is this desire to jet off to foreign parts just a reaction again having been stuck at home for so long? Is it really that important to get away that it is worth running the gauntlet with all the different restrictions and hurdles?

Third wave now anticipated across Europe – where does the UK stand? What about your foreign summer holidays now?

Third wave now anticipated across Europe – where does the UK stand? What about your foreign summer holidays now?

The sudden deterioration in covid-19 saturation is a major worry likely to bring Europe to its knees again

It can be seen as this week has progressed a heightening concern that Europe is now heading for a third wave – so says Germany in pointing out that even if they get on with their vaccination campaign there is no time to prevent it.
Europe – ironical as ever

Europe – ironical as ever

Europe announces vaccination certificate to help the poor British!

The news that the European Union is intent on the development of a vaccination certificate, to be known as a “digital green pass” is ironical in the extreme.

Shoot the messenger – Britain’s great new game

Shoot the messenger – Britain’s great new game

Everyone is just being too impatient; there is nothing we can do to hurry this matter through

In ancient times, being the messenger was a double whammy – you probably got paid very little and as often as not your career would probably end up with your head being severed from your body, possibly being returned to your boss with compliments.
Covid variants – panic building so why let them in?

Covid variants – panic building so why let them in?

The trouble is too many people are too impatient. They want predictions it is impossible to give accurately

It’s all about Covid-19 at the moment. Hospitals bulging to overflowing, patients being examined in corridors and ambulances and doctors tearing their hair out because of insufficient resources. How did we allow this to creep up on us without realising what was about to happen?

No Vaccination certificates? This is incredibly short-sighted and naïve in the extreme!

No Vaccination certificates? This is incredibly short-sighted and naïve in the extreme!

Proving you have had the vaccination is bound to become essential if you want full access to services in due course.

As the excitement of getting first vaccinations done romps on, thoughts are already being turned to the future. As we surmised yesterday, comments are already being made about the less well-off countries which may not get the vaccines because the wealthy countries decide to hoard them.
Up up and away! 737 MAX takes to the skies again.

Up up and away! 737 MAX takes to the skies again.

As the 737 retires it looks like the 737 MAX will be the start of a new era in aviation.

Wednesday 3rd December marked the beginning of the end of the Boeing Commercial Airplane Company’s 19-month nightmare that is the model 737 MAX. It began a series of passenger carrying flights with its hitherto grounded and recently re-certified fleet aimed at restoring public confidence in the type.
Going to France? This is how it looks now. Compare that with the UK.

Going to France? This is how it looks now. Compare that with the UK.

How many other countries in Europe will be following this example? Probably loads. Britain too?

Last night at 8pm Central European Time we gathered around the TV to listen to the President of the Republic address the nation, and deliver perhaps one of the worst kept secrets so far this year. We are back in lockdown, a decision taken in conjunction with the opposition parties and trade unions, in other words all those in responsibility.

Flybe’s resurrection has been announced!

Flybe’s resurrection has been announced!

Will the stress of flying be removed as long as there is a risk of Covid-19?

It is no doubt a surprise to many that Flybe, the airline which went into administration back in March has been bought and is expected to get started up again. The purchaser is Thyme Opco who are linked to Cyrus Capital, a company which was part of a Virgin-led rescue attempt for the airline last year.
Booking.com to close a number of its world offices including two in the UK. Will this affect you?

Booking.com to close a number of its world offices including two in the UK. Will this affect you?

Worldwide travel industry is facing an immense reduction in size. This is more than just a short term glitch

Just about everyone who stays at a hotel at any time knows about Booking.com. As online travel agents, OTAs, go, it is probably just about the best known. Their site is comprehensive and they include loads of photographs of proposed destinations and provide a fairly good amount of information about venues to enable people to make their selections.

Yet more circles to go around with quarantine rules

Yet more circles to go around with quarantine rules

It’s time the media stopped hyping up quarantine issues. Those who get caught out simply took a gamble and lost

Have you noticed that it is getting rather frenetic on television over the changes to the quarantine rules? And then when they tell us what the travellers say, most of them admit that they knew they were taking a risk
Why are UK Covid-19 cases on the increase? Off to your country house hotel stay?

Why are UK Covid-19 cases on the increase? Off to your country house hotel stay?

As we said previously, putting a stop to the spread of Covid-19 is really in the hands of the people

There is no getting away from it – the gentle drop in new cases in the UK has suffered a quite clear reverse over the past couple of weeks. New cases have now been back in four figures for several days after what might have been seen as an encouraging reduction down to the mid-hundreds.
Andorra? Hardly a major hive of coronavirus new cases!

Andorra? Hardly a major hive of coronavirus new cases!

Expect the list of countries added to the quarantine list to increase as numbers rise

It is creeping up on us and we are not supposed to notice! Quarantining incoming personnel into the country is going to be around for a very long time – that is becoming clear. With three countries in the world now reporting new cases in the millions, USA 5.0, Brazil 2.9 and India 2.0, with a host of other countries reporting significant numbers of new cases, the incidence of Covid-19 is definitely on the increase.
Could closing the borders get rid of Covid-19?

Could closing the borders get rid of Covid-19?

How would the people respond to a really aggressive approach to getting Covid-19 out of Britain?

It is perhaps a little known fact that there are areas which belong to Britain which are clear of coronavirus. You cannot tell this from looking at Johns Hopkins as their table brackets the “Channel Islands” as one territory but in fact the Bailiwick of Guernsey is Covid-19 free and life has gone back to normal, even down to kissing and hugging!

What price a foreign holiday now?

What price a foreign holiday now?

The education in how the spread of the virus affects people is sadly deficient as the people do not seem to be taking it on board

I cannot help but wonder just how seriously the people are taking the Covid-19 pandemic. We see social-distancing as a concept largely ignored by large swathes of the population, usually at a rally or something similar or more particularly in the street outside the pub.
Was it really such a shock decision to re-introduce quarantine for those coming from Spain?

Was it really such a shock decision to re-introduce quarantine for those coming from Spain?

It’s easy to blame the government but the writing was on the wall for some time

There remains in the country a huge body of opinion which feels that the lockdown has been relaxed too fast in some ways. This is clearly evidenced by the fact that people still prefer to stay at home, pubs and restaurants are nowhere near as busy as they could be, even with social distancing, and shopping is down as well.
Aviation starts to be innovative

Aviation starts to be innovative

It’s good that there is some positivity around during these troubled times

In order to try to allay the fear of air travel which a lot of people seem to have at the moment, a few innovations are emerging. United Airlines is trying a new technique to keep passengers safe and reduce the spread of coronavirus.

End of an era as British Airways decide to withdraw their entire fleet of Boeing 747s and half price meals in August may be difficult to find

End of an era as British Airways decide to withdraw their entire fleet of Boeing 747s and half price meals in August may be difficult to find

As the world tries to give itself a kick-start economic problems continue to emerge

Time for retirement – British Airways has brought forward the withdrawal of its entire fleet of 31 jumbo jets. This was originally scheduled for 2024 but the reduction in business due to the pandemic has caused the decision to be taken now, according to announcements made by BA.
Do you feel safe going to the great outdoors? Where do you draw the line?

Do you feel safe going to the great outdoors? Where do you draw the line?

Is it practicable to stay at home for the rest of our lives? You will have to decide where you feel safe

I suppose we might have guessed that sooner or later we would be facing the question of whether you feel safe going out again or not. The answers to this question will be as numerous as the number of people asked but as we learn more about Covid-19 we can see how different groups of people come into being with their own particular and no doubt valid point of view.

Hospitality hopes for VAT reduction

Hospitality hopes for VAT reduction

Is a shot in the arm going to come for hospitality?

Hospitality seems to be in the news all the time and most of it seems to be bad news with closures being announced. As was announced last week Pret a Manger are to close 30 of its shops and there are rumours it could be as many as 45. The company’s business has dropped by an amazing 74% but is that surprising considering that the Covid-19 pandemic means that people have been staying at home?
Super Saturday. Really? Reality shows that we have a divided country

Super Saturday. Really? Reality shows that we have a divided country

For the majority Super Saturday weekend seems to have gone down like a damp squib

It all goes to prove that things can be hyped up as much you want but reality is not always the same. We were told to expect the roads on Super Saturday to be absolutely packed while 10.5 million people were going to go out to their caravans, second homes, holidays etc. We were told that the people could not wait to get out to the pubs and restaurants and that there would be great queues everywhere and you would not be able to go into a pub or restaurant without a booking. We were told that everyone would want a haircut.
Week started badly for business and gets no better, especially in aviation and hospitality

Week started badly for business and gets no better, especially in aviation and hospitality

Of course airlines may be closed down again if virus continues to spread at current rate

Today is the day that Ryanair has started its 1000 flights a day. That plan suffered a minor blow when Greece said not yet please but nevertheless Mr O’Leary claims that their flights to other destinations are 70% full. By clicking on this link you can see what flights are in the air and the Ryanair flights have RYR at the beginning of the ID.
Unsure whether to fly? This is what you need to know about air conditioning

Unsure whether to fly? This is what you need to know about air conditioning

Is social-distancing when flying actually possible?

As the world’s airlines gird their loins in preparation to get flying again it may be worth considering the measures being proposed by the carriers to mitigate possible viral cross-infection between passengers. At one point during the lockdown the suggestion of blocking middle seats was mooted. easyJet at first suggested they might adopt such a measure, but then seemed to talk themselves out of it.
More airline redundancies and other problems

More airline redundancies and other problems

The truth on airline contraction is becoming clearer

The latest round of redundancies appears to be from Jet2. It would appear that 102 captains and first officers are to be made redundant, the leavers being those who joined the company most recently. Another report states that 380 cabin crew will be made redundant; it is not entirely clear whether this figure includes the pilots or not but the inference is that it does not.

France freed of restrictions. Are they really?

France freed of restrictions. Are they really?

With further lifting of restrictions we slowly approach the need for voluntary control.

The French president appeared on TV yesterday and basically told the nation that all restrictions are now lifted, more or less at least. French people can get together in whatever size groups they want, wherever they want and can travel throughout Europe without restrictions, except for Sweden and the UK.
France – new infections up. Will we follow? Is a second wave inevitable?

France – new infections up. Will we follow? Is a second wave inevitable?

Everyone is too eager to lift lockdown. Holidays beckon…

I am not normally one to say “I told you so” but lifting the lockdown is going to be a real problem. Looking at the infamous Johns Hopkins University table, I am afraid that yesterday France declared 3325 new cases of Covid-19, that is for 27th May. I am sorry to say that this is a big deal because new cases seem to have paled away in recent days – until now.
Specialist Leisure Group goes into administration including some well-known names.

Specialist Leisure Group goes into administration including some well-known names.

Names like Shearings, National Holidays, Bay Holidays and many others included.

On 22nd May the Specialist Leisure Group entered into administration. It was reported on television but certainly the impact of this collapse was not evident. One of its subsidiaries is Shearings the coach company and that broadly is all that was reported.
My kingdom for a hair cut. Can you now do just what you want?

My kingdom for a hair cut. Can you now do just what you want?

New rules but what exactly are they?

When I heard the Prime Minister on TV at 7pm on Sunday, I thought I understood exactly what the new rules were. However, the media and others have done an excellent job of completely confusing the issue for everyone in the short time since. The government, by contrast, have produced a lengthy document setting out the requirements in far greater detail. In the meanwhile the Prime Minister has made the same statement to Parliament.
Is the real crisis going to be how we get out of it?

Is the real crisis going to be how we get out of it?

As deaths and new cases fall a bit, people are getting itchy feet.

New cases and deaths continue to drop which is of course good news but there looks like being a new problem on its way, namely that there are competing views on how we move forward. Is this all going to create a new crisis, one which is fuelled by opposing views?
Is there still a case for the third runway at Heathrow?

Is there still a case for the third runway at Heathrow?

Now aviation has dropped like a stone, when will it build up again?

In one of our earlier postings it was stated quite reasonably in an earlier posting that given the dire position in which civil aviation now finds itself (and frankly it has never been the most stable of industries), is it likely that we will see a third runway at Heathrow (LHR) within the next decade?
Aviation in dire trouble – will it ever be the same again? And what about your holidays this year?

Aviation in dire trouble – will it ever be the same again? And what about your holidays this year?

Do people have a clue just how bad it is?

Current news on aviation is dire. British Airways have announced a possible 12000 redundancies will be taking place and now it is looking like Gatwick will lose all BA activity and BA are telling us that it may not start up again. The job reductions include significant numbers of pilots and co-pilots.
Is ending the lockdown going to divide us?

Is ending the lockdown going to divide us?

Are we so different from other European countries?

The lockdown has been with us for some weeks now; indeed there are some amongst us of higher risk who have been in lockdown for almost two months now so all in all, it is not surprising that some are beginning to tire of it. Fortunately, those who are keen to see it over soon are not in the majority – yet at least.
I have paid a deposit for my daughter’s wedding reception. It’s safe – right?

I have paid a deposit for my daughter’s wedding reception. It’s safe – right?

No obligation to hold deposits in ring-fenced accounts.

One of the worries which is emerging as a result of the lockdown is a complex area of business which many people find catches them out. That is the payment of advance deposits to make bookings and this is not just for wedding receptions but throughout modern life, and most notably with your deposits for package holidays and airline tickets.
South African Airways – just furloughing or closing? For airlines will it be like escape from Alcatraz?

South African Airways – just furloughing or closing? For airlines will it be like escape from Alcatraz?

Government not giving financial aid

South African Airways joins the ranks of airlines with a doubtful future in announcing that it is laying off all of its 4700 employees at the end of April. However it sounds a bit more than furloughing with the employees being given a severance package roughly equivalent to one week’s pay for each year of service although even that is conditional on a successful disposal of certain other assets.
When is a lockdown not a lockdown?

When is a lockdown not a lockdown?

While we have to sit at home and only go out for essential purposes, travellers continue to fly into the UK unchecked and passenger aircraft continue to be removed from service.

It’s today’s conundrum. When is a lockdown not a lockdown? The answer is if you are flying. Do you remember I provided you with a link to see what aircraft were in the sky? Just to remind you, here it is again - take another look.
France fears for food shortage with no migrant workers

France fears for food shortage with no migrant workers

France is not alone but will the British government take careful note of what looks rather like a Brexit dry run?

Immigration has often been on the lips of the British public, and at no time more than over discussions over Brexit. Evidently Britain is not alone as we view pictures on television of French vineyards more or less deserted but with Parisian office workers there doing the work!
It’s Easter – time for us all to have a break

It’s Easter – time for us all to have a break

Whatever your religion, hear the Easter message which is more relevant today than ever.

When I got up this morning I wondered what I was going to write about today. Usually I have my thoughts all mapped out; today however, not so. But I was inspired when I watched Sophy Ridge on Sunday, not because of Sophy even though I have great respect for her as a newscaster, but because of one of her visitors.
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Adrian Leopard & Company is the trading name of Alderney Offshore Ltd, a company registered in Alderney, Channel Islands number 1220.

Address P O Box 1027, Alderney GY9 3AS

Registered Office Seldomin, Longis Road, Alderney GY9 3YB.

Adrian Leopard & Co is represented in the UK by 3CL (UK) Ltd trading as Adrian Leopard Associates.

Telephone enquiries may be made on 08449-4-08449 or 01684-230360.

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