Credit Rating Agency fined £500k by ICO

One of the Leading UK Credit Referencing Agencies, Equifax, has been hit with a whopping £500,000 fine following its failure to protect the personal...

Debt Collection Agency under Doctors orders

A Debt Collection Agency in the UK has announced its intention to focus purely on their Medical Collections service following a successful trial period. P&J...

Sharp rise in Company Liquidations

Recent data released by Business Credit specialists Dun & Bradstreet has revealed that the amount of Companies entering liquidation has risen steeply for the...

Scottish Business sees surge in Judgment Debts

The number of Scottish Business Debt decrees registered has seen a sharp rise for the first half of 2018. according to latest Business figures. The...

SME’s still owed Billions in Late Payments

Thousands of Small businesses in the UK are still chasing a massive £14.9 billion owed in late or overdue payments. These unpaid invoices are...

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

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...

Record number of CCJ’s issued in 2018

Latest figures published by the Registry Trust through its Registrar of Judgments, Orders and Fines in England and Wales, show that the number of...

FCA issues warning against Debt Collection firm

A warning has been issued by the Financial Conduct Authority (FCA) against an unregulated Debt Collection Agency targeting UK consumers. The FCA stated, “Max Montgomerie...

Luxury Car firm Director disqualified for 13 years

After failing to maintain sufficient accounting records for millions of pounds, car dealer Zaid Fares Al-Safee, 29, from west London has been disqualified from...

Council states that Debt Collectors are essential

The Council are now set to hire more debt collectors after the met on Wednesday and agreed that supplement the work done by council...

Bailiffs clear out restaurant whilst diners eat

Whilst at Indian restaurant Green Elachi in Ruskington, Sleaford, three diners were shocked and confused as bailiffs started clearing out the resteraunt as they...

HMRC triples spend on debt collectors

In the last three years, pay to private debt collectors from the HMRC has risen by 500%, whereby signifying the HMRC are stepping up...

Spanish Debt Collection Explained

With many countries recovering and if not flourishing after an economic crisis, Spain, a country which despite the severe conditions imposed by the crisis...

Tackling unpaid debts in the UAE

According to the 2018 Global Ranking on Debt Collection, the UAE is one of the most challenging places in the world for collecting debt,...

Construction sector sees shocking Insolvency rise

According to new figures released by Creditsafe, insolvency within the construction sector in the UK has increased by 73.3% for Q1 in 2018. After the...

Half of Small Businesses trading in the red

According to the latest Small Business Insights published by Xero, half of the small businesses in the UK are currently trading in the red. The...

Why late payments are affecting SME’s

Every business whether it be large or small is effected by late payments and with many businesses being part of a supply chain and...

Insolvency expert predicts increased failure of companies in the south

Mr Robert Bajaj, a consultant solicitor with regional law firm Ellis Jones predict a rise in business failures across the South. Speaking at an insolvency...