This Week Trends
UK based Debt Collection Agency, Roxburghe (UK) Limited has gone into administration, with 35 staff being made redundant.
It was revealed that Roxburghe had been trading at a loss due to increasing overheads and Roxburghe's directors took the decision to place the business into...
A conman was jailed for six months at Preston City Crown Court this week today following a conviction for duping 'no-win-no fee' law firm in a ellaborate car insurance scam.
The accused told a pack of lies to solicitors, claiming he wanted...
New Pre-Action protocol rules will make recovering debt from individuals a lot more difficult according to Business Debt Collection experts.
New rules that are set to be introduced by the Ministry of Justice will take effect from October 2017. The...
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Hot Stuff Coming
Police Authority considers use of Professional Debt Collectors
After writing off invoices totalling nearly £800,000 last year, Police Scotland is looking in to the use of Professional Debt Collectors. The national force...
Base rate held as economy shows sign of improving
The Bank of England has voted to keep interest rates at 0.5% and hold fire on pumping any more money into the economy through its quantitative easing programme.
Directors to be held personally liable for company collapses
VINCE CABLE has outlined proposals to shake up the insolvency profession, including plans to make directors personally liable for corporate collapses.
Cameron upbeat despite IMF growth concerns
The Prime Minister has said it is time for Plan A+ after the International Monetary Fund (IMF) slashed its growth forecast for the UK.
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LATEST ARTICLES
New Year sees SME’s chasing £50bn in Business Debt
New research is showing that Small Businesses are chasing over 50 Billion pounds in late payments across the UK. Tide, which is a digital...
Expert Company Credit Control tips for 2020
A New Year is a perfect time for new procedures so company credit control tips are helpful. Keeping your Business cash flow tight is...
Government warns of scam Debt Collectors
The Government has issued a public warning for people to be on guard against scam Debt Collectors. Scammers are posing as legitimate Bailiffs and...
Ex England star wants Football Club wound up
Ex Arsenal and England Legend Sol Campbell wants his former Employers Macclesfield Town wound up due to unpaid debts. Campbell who was the Manager...
Subcontractors demanding new Late Payment legislation
A Construction Industry organisation is demanding tough new measures to combat a new wave of late payment in their sector. The Specialist Engineering Contractors’...
Business owners left feeling suicidal due to late payment survey says
Business owners are being left feeling suicidal due to late payment it has been revealed. 9 out of 10 business owners across the UK's...
Four Construction firms suspended from Prompt Payment Code
Four Large players within the UK's construction industry have been suspended from the Prompt Payment Code. Persistent late payments to sub contractors and suppliers...
Nearly half a million UK firms in Financial distress
The latest research from Begbies Traynor has shown that the number of UK Businesses in serious financial distress has increased by 40% in the...
Research shows Late Payment affects Freelancer & SME owners health
Startling New research has shown that over three quarters of Freelance Business owners have experienced mental health issues as a direct result of non...
78,000 Premises visited by Bailiffs due to Business Rate debt
Research by real estate adviser Altus Group revealed that, during the last financial year (2018/19), over 78,000 non-domestic properties from retailers to restaurants to...
