Accounting giant Ernst & Young is to be sued over the collapse of Anglo Irish Bank in 2009.

The UK economy grew by 1% between July and September, latest official figures have confirmed.

Scotland and Northern Ireland have almost double the rate of "zombie" companies than the rest of the UK, according to research by insolvency trade body R3.

We can all expect to hear more about bailiffs in the next few months. The Ministry of Justice is planning to reform parts of the 700-year-old framework governing these debt-enforcement officers

Creditors are losing almost £5bn every year to businesses that are simply being closed down without going through any formal insolvency process.

The inability of HM Revenue and Customs (HMRC) to properly curb aggressive tax avoidance schemes is costing the UK billions of pounds, a report suggests.

There are "reassuring" signs the economy is continuing to recover and there is a "more upbeat mood" among the business community

The OFT has opened formal investigations into several payday lenders over aggressive debt collection practices.

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

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.

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

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

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

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

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

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.

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.

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.

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

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