Business insolvency rises but personal bankruptcy declines
Business Insolvency continues to rise but in stark contrast, personal bankruptcy numbers dropped. The latest figures provided by the insolvency service made for interesting...
Small Business Debt Recovery could boost SME cash flow as economy...
Small Business Debt Recovery is becoming more important to cash flow as a UK recession looms. Flash estimates of the UK economy's performance in...
International Business late payment rise predicted for Europe
International Business late payment is expected to rise across Europe according to latest research. A survey conducted by Intrum AB of 11,000 European companies...
Startling rise in construction firm recovery loan defaults
A startling rise in construction firms defaulting on covid loans could signal a wave of future business failures. It also signals a potential wave...
Unpaid Commercial rent arrears on the rise
Insolvency professionals are reporting an increase in the number of companies seeking help with issues relating to unpaid commercial rent arrears. The spike has...
Digital Debt Recovery firm tasked with tackling unpaid fuel bills
A digital debt recovery firm has been flooded with claims for unpaid fuel following a sharp rise in numbers. Rising petrol prices have led...
Online fashion giant served with winding up petition
Leading online UK fast-fashion retailer Missguided has been served with a winding up petition due to unpaid debts. The company is said to be...
Invoice late payment surge crippling Yorkshire Businesses
As the UK’s economic situation continues to deteriorate, businesses in Yorkshire face a front-line battle against invoice late payment. Many Yorkshire based Businesses are...
Toll fine Debt Collection letters are ‘intimidating and misleading’
Letters being sent by a Debt Collection Agency to drivers who fail to pail Tyne Tunnel fees are "initimidating and misleading" debt charities have...
Celebrity in court hearing for £3.2m unpaid Debt
Reality celebrity star and former glamour model Katie Price is due in court today after amassing vast amount of unpaid debt.Katie Price is facing court...
Debt Collection Agencies could help save thousands of SME’s
Debt Collection Agencies could help save thousands of Small Businesses in the UK it is claimed. Almost 500,000 Small Businesses and SME's in the...
500,000 Small Businesses at risk of going bust within weeks
Increasing running costs have created a ticking time bomb for Small Businesses according to the FSB. The Federation of Small Businesses (FSB) have issued...
Small Business late payment getting worse
Small businesses had to wait an average of 29.9 days to be paid in April according to the latest figures from Xero. This marks...
Council forced to sell buildings to pay debts
A council is being forced to sell buildings to pay debts it has emerged. Slough Borough Council faces having to sell off most of...
Number of Businesses going bust doubles in 2022
Businesses going bust and company insolvencies are at more than double their 2021 levels for the second consecutive month warns a leading Trade body.Alarming...
Council hit with huge writ for Unpaid Care home fees
A Council in Wales has been hit with a high court writ to recover unpaid care home fees it owes.Gwynedd Council is reported to...
Business insolvencies predicted to skyrocket
Trade Credit insurers Allianz Trade have predicted that Business insolvencies will skyrocket. They predict company insolvencies will rise by a huge 37% this year....
Ex TV Channel boss banned from being a Company Director
A Plymouth based businessman has been banned from being a company director for eight years. This follows after his TV network went bust with...
Small Business late payment rising due to cost of living increase
Nearly a quarter (24%) of small businesses and medium sized enterprises (SMEs) have seen a rise in the number of late payments. The late...
Businesses going bust forces a council to write off £560k
More than half of the bad debts written off by a council in the last six months of last year were caused by businesses going bust.East...
