Barclays Chairman Resigns

Barclays today announces the resignation of its Chairman, Marcus Agius.

2013 to Feel Brunt of Eurozone Bad Debt

A report has forecast that eurozone bad debt is a “ticking time bomb” for the continent’s economy with 2013 to feel the full effect of ...

Banks Using PPI Refunds to Lower Outstanding Debt

Some £9 billion has been set aside to repay premiums on miss-sold policies. However, in some cases instead of being paid directly ...

May Insolvency Index Reveals Stronger Firms

THE number of business failures in Wales in May was up on a year earlier although the financial strength of businesses ...

Experian Names Collectors Bureau Director

Experian®, the global information services company, today announced the appointment of Paul Rout as ...

Bounced Cheque Brit Suffers Stroke In Dubai Jail

A British businessman on hunger strike in a Dubai prison where he is serving a 23-year sentence for allowing cheques to bounce ..

Late Payments ‘Crippling’ Many Small Businesses

Late payments are crippling many small businesses, according to a survey by the Federation of Small Businesses.

SMEs Spending 130 Hours a Year Chasing Late Payers

A recent survey has revealed that SMEs are spending an average of 130 hours a year chasing late payments for unpaid invoices and overdue accounts.

Student Debt Stands at £40.3bn

Official figures released by the Department for Business, Innovation and Skills show that outstanding student debt at the end ...

"High Risk" Retail Sector Facing Struggle

The figurehead of the UK's insolvency industry has warned that a new batch of retailers could be forced into administration as ...

£82,000 Debt Left in Limbo

A TEAM of Truro doormen awarded more than £82,000 by employment tribunals are claiming a security firm has avoided paying up by exploiting "loopholes" in business law.

US Businessmen Stuck in China Over Debt Dispute

A Missouri man involved in a business dispute has been stuck in China for five months after the Chinese government refused to ...

BPA: Clamping on Private Land ‘Should Cease in September’

The British Parking Association (BPA) is suggesting that members of the Approved Operator Scheme (AOS) cease off-street ...

CSA Hails Announcement on Edited Electoral Roll

The Credit Services Association (CSA), the voice of the UK collections industry, has welcomed the decision by the ...

Flat Insolvency Rates Masking Sector Fluctuations

Company failure rates will remain flat during the second quarter of 2012 but firms supplying the construction, real estate and ...

Gran Turns to Crime to Pay £40k Store Card Debt

A grandmother who turned to crime after secretly spiralling into £40,000 debt using store cards today issued a stark warning to ...

New Credit Ratings Rules ‘To Help Markets’

Tighter controls on credit ratings agencies should steady volatile markets and cut out conflicts of interest, MEPs have said.

Debt Collection Agency Unveils Plans to Create 100 New Jobs

Debt collection agency, scotcall, has unveiled plans to create 100 new jobs over the next three years as demand for its ...

Debt Collectors Attacked by Machete Wielding Thug

A thug wielding a machete has robbed two debt collectors as they made their rounds. The masked attacker struck as the ...

£28m Investment Scam Targets Elderly

The Insolvency Service is warning older people and their carers to watch out for bogus retail and investment schemes aimed at ...