Late payment warning issued by Small Business Commissioner
In a recent podcast, The Small Business Commissioner, Liz Barclay, issued a warning that without confidence in cash flow, the UK’s small and micro businesses...
37% increase of Businesses in critical distress
The number of businesses in critical distress has increased by 37% in the past year. This is according to financial data from insolvency specialists...
Private Bailiff tenant evictions up by 39%
Tenant evictions by bailiffs in the private rental sector (PRS) have increased by 39% say latest government figures released.The figures show that 3,405 households...
Businesses must act to collect unpaid invoices as UK recession looms
Businesses are being urged to take action to collect unpaid invoices as a new UK recession in on the horizon. The latest setback fro...
Survey shows 1 in 2 Small Businesses struggling with late payments
The latest survey and research undertaken the the Federation of Small Businesses shows late payment is worse than ever. A survey of 1,300 Small...
Ambulance trust writes off £339k after Debt Recovery failure
An Ambulance trust has had to write of £339k after they were deemed unrecoverable. In a meeting of the West Midlands Ambulance trust board...
Uk’s top 10 worst Business late payers named and shamed
New IPSE research finds that late payments have worsened despite recent government reforms, alluding that not enough is being done to crack down on...
New powers used by Insolvency service to ban covid-loan abusers
The UK's Insolvency Service has utilised its new powers for the first time against directors that dissolve businesses to avoid the payment of its...
TV stars company collapses due to unpaid debts
Former Emmerdale TV soap Star Danny Miller has had his company put into liquidation due to a series of unpaid debts. The performing arts...
49% of Small Business Owners being forced to raise prices
Almost half of all Small Business owners on the UK are said to be increasing prices to combat rising costs and increasing late payments.The...
Business Late Payment spiralling in Northern Ireland
Business late payment in Northern Ireland is spiralling out of control. For the third month in a row the number of overdue invoices has...
Shocking rise in Business Insolvencies
A shocking rise in Business insolvencies has seen a 70% increase. The alarming rise has seen business insolvencies jump from 11,261 to 19,191 in...
Enforcing a CCJ – What are the options?
Obtaining and enforcing a CCJ may seem straight forward but that is not always the case. A CCJ ratifies a debt and makes it...
Debt Collectors in Liverpool chasing 30,000 debts
Debt Collectors in Liverpool are expected to be chasing up around 30,000 debts owed to Liverpool City Council this year.After the local authority approved...
Self Employed suffering from rise in Late Payment
The scourge of late payment is affecting Self Employed workers and Freelancers across the UK according to one source. The average amount owed to...
Insolvency service advises on use of Private Debt Collection Agencies
The Insolvency has issued a statement on its use of Private Debt Collection Agencies this week.The notice advises that the Insolvency Service may used...
10 year ban for dodgy Director
The insolvency service has issued a huge 10 year ban to a rogue director following investigations. Grigorijs Hacaturjancs, 34, originally from Latvia, has been...
International Debt Recovery Report reveals trickiest countries to recover from
International Debt Recovery has always been a challenge for those involved in the importing and exporting of goods. The collect of a debt in...
Fake lawyer charged over County Court appearance
A fake lawyer has been charged in connection with offences in a County Court hearing. The man has admitted posing as a lawyer at...
Council vows to step up Debt Recovery efforts
Debt recovery efforts at Dorset Council are returning to normal following two years of a ‘light touch’ approach due to the pandemic.
Dorset Council Executive...
