SME late payment

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...

Debtor sentenced for gun attack on Debt Collector

Mark Vevers, 50, lured a debt collector to his home in Northampton where he then locked her in the bathroom, threatened her life, and stole £300 from her bank account as well as £485 in cash directly from her purse.

Leading UK Commercial Debt Collection firm shows increase in figures

Off the back of the latest CSA debt statistics, Federal Management Ltd have revealed an increase of 24.5% in their Collection figures for the first six months of 2012 compared with the same period in 2011

Number of restaurants going bust increase by 20%

Research produced by Moore Stephens has shown that the number of restaurants going bust has increased by 20% in the past year. Stephens’s figures show...

Emerging Markets see Biggest House Price Increase Over Past Decade

Emerging markets saw the biggest increases in house prices over the past decade, according to the Lloyds TSB International Global Housing Market Review.

Retirees Sitting on £96.41bn of Personal Debts

New research from retirement income specialist MGM Advantage reveals that the average retired person has £8,180 of personal debt, collectively equating to a staggering £96.41bn.

Dodgy Debt Collection Boss agrees to repay ‘fees’ back to clients

DEBT collector Nigel Marsh of March promised to turn over a new leaf as he pledged to return £15,000 to firms across the country. Marsh was subject to an investigation by the Daily Mirror last year.

6 tips for a Smart Business Debt Collection solution

  Is your company's cash flow struggling due to late or non-paying customers? A smart choice for a Business Debt Collection solution will help solve...

Survey claims SME’s owed £63k on average

New research conducted by Commercial Data specialists Dun & Bradstreet has highlighted that the UK's  late payment culture is continuing to have an are...
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Debt Collection firms lose licence

OFT gets tough The Office of Fair Trading has deemed three Debt Collection companies as 'unfit' to hold consumer credit licenses and refused to renew...

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Northern Rock’s Bad Debts purchased by Debt Collection Agency

A debt collection business that takes non-payers to court has emerged as the buyer of £450 million of Northern Rock’s bad loans.

Public Sector Late Payments Continue to Rise

New research has shown that late payment by major public sector contractors to small and medium-sized enterprises ...

Fraud Reporting changes criticised

Victims of fraud across the UK will be told to contact the Home Office agency Action Fraud rather than their local force from 1 April.

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