Extra Energy supply Director hit with 6 year ban
A former Director of Extra Energy Supply has been banned from running a business for six years.Mordechay Ben-Moshe, 48, was a Director of Birmingham-based Extra...
Directors Personal guarantee usage on the rise says research
Latest research is suggesting that the use of a Directors personal guarantee is on the rise in the UK.There has been a rise in...
Personal Insolvency rising sharply according to new figures
New figures released show a massive increase in Personal insolvency.The latest monthly figures from the Insolvency Service for England & Wales have indicated that...
UK Business insolvency rises by 18%
Uk Business insolvency is officially on the rise.The latest figures from the Insolvency Service have shown that the number of business insolvencies in England...
Cash Flow is Small Business owners biggest concern
Small business owners have revealed that cash flow is the biggest challenge for nearly half of the respondents.Almost half (48%) of small to medium...
Double glazing giant facing liquidation
Yorkshire based Doubled Glazing giant Safestyle is facing liquidation.Only last week, the company, which has its HQ in Bradford, announced administrators had been appointed.Around...
Freelancers being hit by rise in Late Payments
Late payments are a quiet, yet powerful economic disruptor. Whilst they impact businesses of all sizes, studies have shown small and medium enterprises (SMEs)...
Number of Insolvent Restaurant Companies rising by the week
The number of insolvent restaurant companies is increasing week on week it has been reported.In new data, it has been revealed that the number...
Huge £42m Debt written off by City Council
Millions of pounds of unpaid council tax debt has been written off by an authority, it has been revealed.A Liverpool City Council report said...
Government vows to act on SME late payments
The UK government has launched tougher measures to tackle SME late payments to small businesses as part of its upcoming Prompt Payment & Cash...
District council writes off £1.35m of uncollectable debt
A small district council in Lincolnshire has written off £1.35m deemed as 'uncollectable' by officials.South Holland District Council (SHDC) took the steps after debt...
Major contractors admit 20% of Invoices are paid late
A swathe of major contractors are still failing to pay invoices on time, according to their own payment data.Build UK has compiled fresh payment-performance...
E-Bike manufacturer goes into liquidation
Amsterdam-based VanMoof, an e-bike manufacturer, has gone into liquidation in the UK. The Dutch company confirmed through an email to its customers that the...
Number of Businesses closing continues to increase in 2023
Number of Businesses closing is on the rise
The number of businesses closing saw a further increase in the second quarter of 2023 (Q2). The...
UK Exporters braced for non-payment rise from overseas customers
The number of UK exporters anticipating an increase in the risk of non-payment has risen from 27% to 43% year on year, according to...
Home care providers facing collapse due to unpaid invoices
1 in 5 Home care providers facing collapseDozens of home care companies in England fear collapse because invoices are going unpaid by councils and...
New Small Business jobs being held back by late payments
An improvement in Small Business jobs and sales growth across UK small businesses in June has been largely offset by increasing late payments and...
Debt Collection SMS Text Scam warning
Overseas scammers are back at work attempting to scam UK citizens. It is the latest attempt by criminals to target unsuspecting members of the...
5 restaurants closing every day
The latest research analysis by Price Bailey (Accountancy firm) shows that restaurants closing is at its highest rate in a decade for the first...
Number of Insolvent Businesses hits record high
The number of insolvent businesses in England and Wales last month rose by 40 per cent year-on-year to the highest level since monthly records...
