This Week Trends
New data from Intuit QuickBooks has highlighted the burden of late payments on already financially stretched small and medium-sized businesses (SMBs) with the average amount figure owed being £21,373. The figure represents more than two thirds (67%) of typical...
Cazoo Group Ltd has announced that the company is officially winding up, following the company’s extraordinary general meeting yesterday (July 2).Shareholders approved resolutions for the company to be placed in voluntary winding up, the appointment of voluntary liquidators and...
Arrow Global, a debt buyer headquartered in Manchester, UK, is looking to grow its share of the international ARM ...
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New Collections
Hot Stuff Coming
World’s largest Debt Collection agency fined $3.2m
It’s highly possible you’ve never heard of US based Expert Global Solutions, but it’s the largest debt-collection operation in the world.
Britain’s Mortgage Debt Reduced by 8.8 Billion
BRITONS reduced their mortgage debt by £8.8bn in the first quarter of this year as the housing market remained subdued, new ...
Debt Collection firm served with Winding Up Petition
UK debt collection company McVicar Debt Collection Ltd based in Preston, Lancashire is facing renewed legal pressure after being served with a second winding...
New Credit Ratings Rules ‘To Help Markets’
Tighter controls on credit ratings agencies should steady volatile markets and cut out conflicts of interest, MEPs have said.
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Popular Gossips
LATEST ARTICLES
Use of Winding Up Petitions hits 3 year high
Creditors are moving to shut down struggling companies at the fastest rate in at least three years, according to new figures obtained from the...
Insolvency Service using AI to spot Phoenix Company abuse
A new Insolvency Service taskforce will target ‘abusive phoenixism’ by company directors. The Insolvency Service will use AI to root out rogue directors who...
May sees drop in Business Insolvencies
Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales fell to 1,868 in May 2026, 10%...
Hiring a Debt Collection Agency – Why Regulated Agencies Matter
New findings from UK Debt Collection News have highlighted just how much rests on the choice of debt collection agency—and how many businesses overlook...
‘Arrogant’ Businessman Jailed After Transferring £3 Million to avoid paying Debts
A property businessman who breached a director disqualification order for over a decade has been jailed for four years after orchestrating an elaborate scheme...
BBC appoints new Debt Recovery partner as Licence Fees evasion hits...
The BBC has appointed debt collection company Themis Recoveries to pursue households suspected of avoiding the television licence fee, adding a dedicated recovery partner...
HMRC spends over £5m in one month on Debt Collection services
HM Revenue & Customs has dramatically ramped up its use of private debt collection firms, spending more than £5 million in a single month...
Debt Collection firm served with Winding Up Petition
UK debt collection company McVicar Debt Collection Ltd based in Preston, Lancashire is facing renewed legal pressure after being served with a second winding...
Medical tech firm crashes into Liquidation
An Oxfordshire-based medical technology company that spent over a decade developing cutting-edge patient monitoring systems has entered liquidation, leaving behind millions of pounds in...
New Business Late Payments Legislation unveiled
The Government has introduced new legislation aimed at protecting small businesses by ensuring companies pay their suppliers within 60 days. Late payments could now...
