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...
London Tenant Evictions halted over Bailiff safety fears
London landlords face prolonged delays in the eviction process as bailiff operations are suspended indefinitely due to unspecified ‘health and safety reasons’.This move is...
Government ban on No Fault Evictions
The Government has announced new private rented sector reforms.
The Renters’ (Reform) Bill, introduced to Parliament will abolish section 21 no fault evictions which will...
Man sentenced for smashing up Debt Collector’s van
A man who smashed up a debt collector’s van and threatened staff when they came to his property has been given a community order.Stuart...
Number of CCJs rises in the UK by nearly 15% in...
The total number of judgments registered in the British Isles in Q1 2023 was 262,941. Compared to same period last year, the total number of judgments...
Late payment increase sees pressure grow on suppliers
Businesses may struggle to access credit as operating costs hit their highest levels since 2008 due to late payment increase, a leading insurer has...
Renewable Energy Company enters liquidation with huge debts
RENEWABLE energy company Daylight Energy has entered liquidation. It has gone bust owing millions and leaving customers thousands of pounds out of pocket.
Latest energy...
Over 75% of SMEs have cashflow worries says new data
Latest data from Time Finance has uncovered the true impact of late payments for SMEs with 75% of UK businesses worrying about cashflow as...
Charity accuses London Bailiffs firm of ‘dressing up as police’
A London bailiffs company has hit back at a claim its enforcement officers are deliberately dressed to look like police to scare people into...
Homes under the Hammer Presenters’ firm collapses with Debts of £3m
A company fronted by Homes Under The Hammer presenter Martin Roberts has gone into administration with around £3m of debts.Filing on Companies House shows...
Winter saw over 1.2 million overdue invoices in Scotland
Scottish Businesses had over 1.2 million overdue invoices on their books this winter.Insolvency and restructuring trade body R3 analysed data from Creditsafe, revealing that...
Retail suppliers late payment worsening
Small businesses supplying the automotive, retail industry and manufacturing sectors face the longest-ever wait for payment from some of the UK’s largest companies, according...
School Meal debts to be cancelled by City Council
Glasgow City Council has unanimously voted in favour of scrapping school meal debts in the city's schools.It is hoped the measure will help families...
