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£2.8bn of Bad Debt written off by Small Business & Sub Contractors

Small Businesses and sub contractors wrote off a whopping £2.8bn last year in the construction sector according to Bibby Financial services. In its 'Subcontracting Growth'...

Dodgy Landlord jailed after failing to pay £28k Private Debt

A rogue Landlord from North Wales has been sentenced to prison after failing to pay back a £28,000 private loan to a family friend. Mark...

Retail Sector Insolvencies on the rise

According to new research by insolvency specialist RPC, in the past year the number of retailers entering insolvency has increased by 7% from 999...

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POPULAR ARTICLES

Cameron upbeat despite IMF growth concerns

The Prime Minister has said it is time for Plan A+ after the International Monetary Fund (IMF) slashed its growth forecast for the UK.

Debt Collection firm agrees to write off millions in purchased debt

A Debt Purchasing and Collections Company has been forced to write off £414m worth of debt after failings within its dilligence processes. 'Motormile Finance UK'...

Levels of Debt Collection on the Rise

Levels of debt being collected by members of the Credit Services Association (CSA) have returned to pre-Christmas ...

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Rise of Business insolvencies expected in 2018

New statistics were released by The Insolvency Service on business insolvencies. These statistics demonstrate: • Company insolvencies increased in the last Quarter of 2017 because...