LATEST ARTICLES

equifax

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 data of up to 15 million UK individuals. Equifax were targeted...
medical billins service

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 Services of Hemel Hempstead, launched their specialised Medical Collections service...
company liquidations

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 years second quarter compared with statistics for 2017. Dun & Bradstreet's...
Scotland Business debt

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 figures released by the Registry Trust show that there were...
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 as a result of goods and/or services that have been...

£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' which surveyed 250 Small Businesses and Sub Contractors, it found...

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 Thorogood of Llandudno, North Wales was found guilty by a...

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 in 2015/16 to 1,071 in 2017/18. Due to a high-cost base...

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 county court judgments (CCJs) registered against consumers reached new heights...

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 Debt Recovery & Investigations is not authorised by the FCA...