DEBT COLLECTION
Council To Review £20m Debt Recovery Headache
Dudley Council is chasing an eye-watering £20m in unpaid debts owed for more than three months despite battling a financial black hole.
The authority is...
ECONOMY
Number of Insolvent Businesses decreases by 10%
Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales was 1,747 in October 2024, 10% lower...
Welsh Businesses seeing rise in Overdue Invoices
The number of Welsh companies with overdue invoices on their books reached a 2024 high in September, according to new research from R3, the...
FINANCE
SME Late Payments increase by 48% says New research
Over 3.6 million (72%) small and medium-sized enterprises (SMEs) have some form of outstanding late payment from customers, leaving them £96,772 out of pocket...
INTERNATIONAL
EU Late payment reforms to be scrapped
The European Commission is reportedly set to scrap a controversial overhaul of EU late payment rules after a lack of support from several EU...
FEATURED NEWS
LATEST NEWS
Commercial Late Payment to be tackled by Government’s Fair Payment Code
The Government has announced the launch of a new Fair Payment Code aimed at tackling late payments, with research showing that SMEs are on average...
