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Businesses suffering from significant Late Payment delays
Latest data from Money.co.uk has found that on businesses are facing 47-day payment delays. The FSB has described late payments as one of the ‘biggest...
Trade Body calls on Government to improve its Debt Collection methods
In a new report, the Credit Services Association (CSA), the UK trade body for the debt collection and debt purchase sector, has called on...
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TRAVEL GUIDE
Late payments adding to Small Business cash flow worries
Small businesses were owed almost £23,000 in late payments for a month, according to new data, adding to the sky-rocketing energy bills that are...
High Court shuts down Credit Union
Herefordshire-based Marches Credit Union Limited has been placed in liquidation following an order issued by the High Court
PHONES & DEVICES
Number of Limited Company Director disqualifications rises
Latest figures from the Insolvency Service show the agency banned more than 1,000 directors in 2024-25, of which 736 were for Covid loan abuse. The...
CCJ Enforcement is extremely ‘slow and ineffective’ says Judge
Claimants are struggling to recover Unpaid CCJs in England and Wales due to justice system failures. A body chaired by a Senior Judge has...
LATEST TRENDS
Insolvency Industry regulation changes to be made
The Government has set out new proposals to reform and simplify regulation of the insolvency sector. The new consultation is inviting views on creating a...
Local Scottish Councils advise of huge bankruptcy threat
Local Scottish Councils are at risk of bankruptcy if funding from the Scottish government is not improved, council leaders have said. Cosla issued the warning...
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REVIEWS
Number of Limited Company Director disqualifications rises
Latest figures from the Insolvency Service show the agency banned more than 1,000 directors in 2024-25, of which 736 were for Covid loan abuse. The...
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