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£82,000 Debt Left in Limbo

A TEAM of Truro doormen awarded more than £82,000 by employment tribunals are claiming a security firm has avoided paying up by exploiting "loopholes" in business law.

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Small Businesses are struggling to get invoices paid

Small Business Unpaid Invoices creating a struggle for many

Small business owners have been coping with unpaid invoices and inadequate accounting during the pandemic and needed to cover expenses by selling family heirlooms...
banks hire more staff

Banks hire 100’s of Debt Collection Agents ahead of Covid Loan repayments

The UK's leading High Street banks are strengthening their Debt Collection teams ahead of the emergency covid loan defaults. The UK's four largest banks are...
Smes owed 21k in late payments

SME’s owed 21k on average due to late payments

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...

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Casino Victim of $5Million Bounced Cheque

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St Albans Director Disqualified After Diverting £500,000

Mr Keith Joseph was the sole director of a property company that developed a complex of flats and a commercial premises 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...

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Over 60 billion of Debt passed to Debt Collection Agencies

Consumer debt passed to Debt Collection Agencies(DCA’s) or sold to Debt Buyers has officially passed the £60 billion figure for the first time