LATEST ARTICLES

Big increase in Business CCJ’s

There has been a sharp rise in the number of county court judgments (CCJs) registered against companies in England and Wales for the third quarter of 2017. Compared with the same period a year...

Labour Council vows to stop using Bailiffs

A Labour run Council in London has become the first local authority in the United Kingdom to stop using Bailiffs labelling it as a "medieval practice". Hammersmith and Fulham council has described the change in...

Late payment continues to ‘kill’ UK Businesses

Recent research shows that many UK Businesses are being forced to make staff redundant and often, do not have sufficient funds to pay salaries. The research highlighted the consequences of late invoice payments, with businesses...

Tabloid investigation targets Dodgy Debt Collection firms

  UK's Scam Debt Collection Agencies are still a problem that continue to blight the industry but putting a spotlight on their unethical activities is the Daily Mirror. The Newspaper has recently run stories highlighting the...

Late payment costing SMEs more than £2bn a year in the UK

Small Businesses across the UK are feeling the pinch from late paying customers following the release of a report from Bacs. The continuing practice of late payments is shrinking small and medium-sized businesses across the...

Businesses Debt Recovery to be affected by new MOJ rules

  New Pre-Action protocol rules will make recovering debt from individuals a lot more difficult according to Business Debt Collection experts. New rules that are set to be introduced by the Ministry of Justice will take...

Football club folds with huge debts

  A football club has folded with huge debts despite last ditch attempts to save it. The Chairman of Notts County Ladies Football club admitted defeat in his attempts to save the club just days before...

UK Tradespeople owed over £30 billion in unpaid debt

The National Federation of Builders (NFB) has responded to Jeremy Corbyn's promise of a crackdown on late payments if the Labour Party is voted in at the General Election. The NFB has highlighted the massive...

Directors of Debt Collection ‘leads’ firm disqualified

The Directors of Signed and Sealed Marketing, which purported to provide leads to Debt Collection firms in the UK have been disqualified for failing to maintain adequate company records. Arthur John James Ryan and Matthew Peter Hill were...

HMRC doubles spend on Private Debt Collectors

Figures released from Accounts firm UHY Hacker Young shows the HMRC had doubled its spend on Private Debt Collection services in the year 2016. HM Revenues and Customs (HMRC) forked out over £24m for Debt...