Late Payment Improves for Third Consecutive Quarter

The latest late payment data from Experian has revealed that UK businesses paid their bills between April and June 2012 nearly ...

Casino Victim of $5Million Bounced Cheque

The Star Casino in Sydney, Australia, has been the victim of a millionaire Thai gambler who bounced a $5m cheque in April last year.

Payday Lender Fined £500,000 After Fraud Scam

A payday lender has been fined more than half a million pounds and had its licence revoked after falling victim to fraudsters ...

Scotland Sees Rise in Number of Insolvencies

Official figures released by Accountant in Bankruptcy (AiB) last week report 5,601 personal insolvencies in Scotland in the first quarter of 2012/13

Government Reaffirms Commitment to Tackling Late Payers

The Government has today reaffirmed its commitment to help improve the supply chain cashflow for UK firms by joining forces ...

Bounced Cheque Could Have Serious Impact on Expats in UAE

A recent case involving an expat who bounced a cheque in Abu Dhabi could have serious repercussions for Britons living in the UAE.

1 in 4 Compulsory Liquidations is in Construction

Official statistics from The Insolvency Service reveal a loss of 868 construction firms in the last quarter.

Britain’s Top Credit Rating ‘Not the Biggest Issue’

Britain’s top credit rating is “not the be-all and end-all” at a time of high unemployment and low growth, according to Danny Alexander ...

PPI Claims Boosting Economy More than Government Schemes

The UK economy is getting a bigger boost from Britons spending refunds for the mis-selling of payment protection insurance ...

St Albans Director Disqualified After Diverting £500,000

Mr Keith Joseph was the sole director of a property company that developed a complex of flats and a commercial premises in ...

Fall in Company and Personal Insolvency Rates

Statistics showing insolvencies in the second quarter of 2012 were published today by the Insolvency Service.

Rogue Bosses ‘Escaping Justice’ Following Watchdog Cuts

Unscrupulous company directors are escaping justice because of a shortage of resources at the Government’s ...

Insolvency Figures at Four Year Low

Personal insolvencies have fallen to a four-year low, despite the toughening economy, official figures show.

Irish Debt Scam Gang Suspected of Keeping Slaves

Gardai are investigating claims that a west of Ireland gang has been using vulnerable people as 'slaves' for their debt collection scam.

Insolvency Service Investigation sees Companies Liquidated

Two related companies that mis-sold land to the public to the tune of £3.2 million ...

Dubai Bounced Cheque Special Petition Rejected

Dubai’s highest court has rejected a special petition, lodged by British businessman Safi Qurashi, in which he sought to have ...

Solicitors to Become Unpaid Debt Collectors?

Solicitors have said they could become unpaid debt collectors as a result of proposed legislation aimed at making ...

Insolvency Service Investigation Sees Company Closed

Insolvency Service investigation leads to shut down of major national solar panel company

Body Cameras to be Utilised by Debt Collectors

Body cameras are set to be worn by East Lancashire bailiffs for the first time in a bid to reduce the number of violent stand-offs.

Bad Weather Attributed to Rising Insolvency Rates

The number of high street retailers suffering financial collapse rose 10.3% between April and June as the wet weather added ...