78,000 Premises visited by Bailiffs due to Business Rate debt

Research by real estate adviser Altus Group revealed that, during the last financial year (2018/19), over 78,000 non-domestic properties from retailers to restaurants to...

UK Companies still failing to chase Business Debts

The latest new research from Lloyds Bank Commercial Banking Division has shown that a roughly a third of UK businesses who experienced late payment...

Debtor jailed for attack on Debt Collection Agents

A 25 year old man from Derby has been sent to prison for 10 months following a violent attack on two Bailiffs in Derbyshire. Sameer...

Kent College applies for ‘education’ administration

A Kent based college is set to enter 'education administration' under the rarely used insolvency procedures created by the Technical and Further Education Act...

SME’s say late payment is on the increase

Small and Medium sized Businesses across the UK are advising that late payment has increased compared with a year ago. This is growing concern due...

Hospitals turning to Debt Collection firms for help

Hospitals across Ireland are turning to Professional Debt Collection Agencies in a bid to combat unpaid fees. The HSE, which is responsible for public Health...

Brit being held in Prison due to Credit Card Debt

A British man is being held in a notorious Czech Prison awaiting extradition to Qatar due to an unpaid Credit Card Debt. Alan Stevenson from...

Soccer Legend has assets frozen due to Unpaid Debts

Brazilian Soccer Legend Ronaldinho has had properties seized due to unpaid debts and taxes according to reports coming out of Brazil. He has also has...

Construction Industry sees improved payment times

Trade body Build UK has advised that its members are continuing to improve payment performance within the construction sector. The average time for Contractors...

Half a Million UK firms in ‘significant distress’

Almost half a millions Businesses in the UK are in significant financial distress according to new research published by Insolvency firm Begbies Traynor. The red...

Body Cameras to be compulsory for Private Debt Collectors

The Government has announced plans to make body worn cameras compulsive for all Private Debt Collection firms and Bailiffs to ensure compliance. The Ministry of...

Bailiff Axe attacker avoids Jail

Two Bailiffs endured a horrific 25 minute 'terrifying' attack from a Debtor who attacked them with an Axe as well as threatening them with...

SME’s fearful of chasing Unpaid Invoices

SME's are avoiding taking Debt Recovery action and chasing non payment a report has revealed. Small Business Commissioner Paul Uppal and Commercial Finance Lender...

Late Payment – The problem that won’t go away

With Brexit dominating the economic spectrum, Small businesses in the UK are under major cash flow pressure which in turn is leading to increased...

MP’s report suggests new Business Late payment Laws

The Government should introduce a tougher regime to tackle larger companies who treat small businesses ‘disgracefully’ by enforcing long payment terms or paying their...

Scrapped UK Debt Collection service cost Taxpayers £18m

The true cost of a new UK Debt Collection scheme that was scrapped in September, has been revealed following a freedom of information request...

Nearly 50% of British Business Invoices overdue

British Business is continuing to suffer from a damaging late payment culture. Britain has a greater level of overdue invoices in comparison with Businesses...

Huge Drop in Scottish Business Insolvencies

New data released by Accounting Giant KMPG has shown that Businesses in Scotland are adapting to tougher trading conditions despite the continuing Brexit scaremongering....

Small Business Owners going without wages due to late payment

The UK's current late payment is hitting new levels as a new report has revealed 17% of Small Business owners are forgoing their wages...

Credit Rating Agency fined £500k by ICO

One of the Leading UK Credit Referencing Agencies, Equifax, has been hit with a whopping £500,000 fine following its failure to protect the personal...