60 seconds of... businesses going bust

From the decline of the British high street to misguided mergers and acquisitions, there are lots of reasons why a business might go bust.

We saw this recently when airliner and travel tour company Thomas Cook went into compulsory liquidation and ceased trading on 23 September. 

Have a watch of our latest video to find out some of the reasons why businesses go bust.  

Ultimately, it's a really important area of commercial awareness—commercial lawyers will need to examine a business in the context of any issues that could have led it to difficulties. pa Keep track of the fluctuations in the business world by reading our weekly AllAboutLaw blog:

Use your new-found commercial awareness to submit a vacation scheme application.

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