This Week Trends
A door step lender/debt collector who traded as Mr Superloan has failed in his appeal over the removal of his consumer credit licence.
Bailiffs were instructed almost 13,000 times in London last year to collect debts from people falling behind on their council tax bills, a report reveals this week.
Campaigners have voiced that Government benefit cuts have impacted upon the capital’s poorest families, with those targeted including the...
There are "reassuring" signs the economy is continuing to recover and there is a "more upbeat mood" among the business community
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Hot Stuff Coming
Payday Lenders to Improve Transparency
Business Minister Norman Lamb has announced that Payday loans lenders are to improve their codes of practice as a means to improve transparency and help to protect vulnerable lenders.
Housing Affordability Reaches Record Highs
Housing affordability conditions for all buyers reached a milestone in the first quarter, according to data released by the National Association of Realtors on May 15, 2012.
Number of Business CCJ’s issued decreases
The latest figures released by the Registry Trust have shown a substantial drop in Business CCJ's. This is CCJ's registered against Businesses in England...
OFT to review unfair gym contracts
January always sees a surge in gym membership. Now the OFT is cracking down on unfair terms and conditions in the long contracts people are made to sign
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LATEST ARTICLES
Unsustainable Business Debt estimated at £70bn
Businesses in the UK have stacked up around £70 billion worth of unsustainable debt says latest research. According to a new report from The...
Unpaid Invoices affecting 54% of UK Businesses
As the United Kingdom continues to ease its Coronavirus restrictions, 54% of current actively trading Businesses are facing piles of unpaid invoices.
The results from...
Childcare Providers facing financial ruin
The UK's Childcare Industry is facing real issues post pandemic. The loss of income from parent-paid fees since March is meaning that many childcare...
Business Late Payments threatening Economy recovery
The latest research shows that the majority of Businesses (SME's) in the UK are being paid late as a result of the pandemic. This...
Bailiffs allowed to return to Debt Collection duties
Local Authorities have been given the green light to send Bailiffs to collect outstanding debts. This follows a five month suspension due to the...
Company ‘strike offs’ to resume in October
As part of the return to 'normality', Companies House has announced that it will re-introduce the compulsory company strike-off process from 10th October 2020.
This...
Number of Business CCJ’s drops by 30%
The number of County Court Judgments registered against businesses England and Wales has fallen by nearly 30 percent compared with last year. The first...
Large Companies still delaying payments to Suppliers
New research shows that there has been no real improvement in the speed at which Large companies are paying their suppliers. The research conducted...
Residential Debt Collection Visits set to resume
Debt Collection enforcement visits to residential properties in the UK have been given the green light to resume from the 24th August.
The news has...
9 out of 10 UK Businesses owed nearly £150k on average
UK businesses are returning to work this month with some trepidation, according to fintech business lender MarketFinance. The company’s latest research indicates that nine...
