UK’s Retail Industry continues to decline

More than one in 10 shops are empty, according to the British Retail Consortium (BRC), the highest since it began

Businesses warned to pay debts on time

Business Minister Michael Fallon has warned big businesses that they will be publicly named if they fail to sign up to the Prompt Payment Code, a voluntary agreement to promote good payment practices.

Payday Loans to cause ‘Debt Tsunami’ warns MP

Labour MP Stella Creasy has warned that a "debt tsunami" will engulf Britain if the payday loans industry is not regulated.

Council vows to curb ‘Gangster Bailiffs’

SWINDON Council is taking steps to tighten control on bailiffs acting on its behalf after some were branded as “gangsters”

Swedish giants buy out UK Debt Collection firm

Debt recovery business Robinson Way is set to grow the range of services it offers after being bought by a Swedish financial services firm.

Royal Sheikh in unpaid Debt scandal

Qatari sheikh who spent more than £1billion on his art collection is accused of leaving 'extraordinary trail' of unpaid debt around world's top auction houses

Insolvency Service issues UK Debt Recovery Tender

The Insolvency Service has issued a £6m tender for debt recovery services relating to bankruptcy.

Lawyers threaten strike action over ‘Debt Collector’ plans

Defence lawyers have vowed to oppose plans that would force them to pursue unpaid fees from impoverished clients despite new warnings that Scotland’s legal aid system is at breaking point.

‘Economic growth’ reducing

There was more evidence of weak underlying health in the UK economy as a leading think-tank forecast a slowdown in growth in the three months to October.

SPECIAL REPORT: Debt Management Companies and their fees

People who are struggling with their finances and pay for a debt management plan are often at greater risk of it failing than when they set up a free alternative, a study has warned.

British Consumer Debt reaches £58 Billion

Figures released by the Credit Services Association (CSA) have shown sharp rise in consumer debts.

Company insolvencies at five-year low

The number of companies going bust in England and Wales has dropped to its lowest level since the end of 2007.

Bankruptcy Levels expected to fall further

Personal insolvency figures are predicted to fall further tomorrow, but experts warned the recent improving trend is likely to hit a turning point soon, with large numbers of people still living on the brink.

Adviser quits PM Job to join ‘Legal Loan Sharks’

One of David Cameron’s top advisers is leaving Downing Street to take a job with controversial payday loan firm Wonga.Jonathan Luff, the Prime Minister’s...

Insolvency risk lower in Scotland

Scottish businesses are less likely to enter insolvency than those in the rest of Britain, according to new analysis. Data released by Creditsafe said firms...

Teenager chased by Debt Collectors for 9k bill

A teenager is being chased by debt collectors for a £9,000 medical bill after she rushed her friend to hospital during a holiday in Greece.

UK Housing Market Improves

The number of agreed house sales jumped sharply this month as sellers dropped their prices to shift homes which have been lingering on the...

10m Cheque Fraud Gang smashed

The Dedicated Cheque and Plastic Crime Unit (DCPCU) has dismantled what is believed to be one of the UK's biggest counterfeit cheque crime groups following a major operation in Yorkshire and Scotland.

Olympics helps Britain come out of recession

Olympics spending fuelled Britain's strongest quarterly growth in five years, springboarding the country out of recession in the third quarter, data showed on Thursday

OFT to target rogue money lenders and debt collectors

Rogue money lenders and debt collectors will be stopped from trading under plans put out for consultation.