HM Revenue & Customs has dramatically ramped up its use of private debt collection firms, spending more than £5 million in a single month as the government steps up efforts to claw back billions...

UK debt collection company McVicar Debt Collection Ltd based in Preston, Lancashire is facing renewed legal pressure after being served with a second winding up petition within a year, whilst also carrying an estimated...

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 liabilities and raising questions about the sustainability of innovative but...

The Government has introduced new legislation aimed at protecting small businesses by ensuring companies pay their suppliers within 60 days. Late payments could now result in significant fines, and boards will be required to...

The number of Scottish businesses in critical financial distress surged to 3,517 in Q4 2025, marking a 49.5% increase compared to the same period in 2024, when the figure stood at 2,353. This alarming rise,...

The latest monthly figures from the Insolvency Service for England & Wales have indicated that personal insolvencies increased by 12% in January 2026 compared to January 2025, rising to 10,843 from 9,644. Personal insolvencies...

The latest Red Flag Alert research from Begbies Traynor has revealed a significant 43.8% year-on-year increase in ‘critical’ financial distress during Q4 2025. Throughout 2025, UK businesses faced ongoing challenges stemming from prolonged economic uncertainty,...

Often dubbed ‘divorce month’, January has long been recognised as the time of year when family lawyers see a significant rise in people seeking to end their marriages. Current Google data supports this trend, showing...

Cash flow remains the lifeblood of any UK business. In 2026, navigating the financial landscape requires more than just making sales; it requires ensuring that the money owed to you actually lands in your...

The number of businesses collapsing in England and Wales has seen a sharp increase, with 2,029 companies going insolvent in October—a 17% rise compared to the same month last year, according to the Insolvency...