This Week Trends
Dodgy Liverpool based Global Media Corporation Ltd has been wound up by the Insolvency service following indepth investigations.
Global Media had been 'selling' advertising space diaries and magazines purporting to belong to the emergency services.
During investigations, it emerged that tele-sales...
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.
Trade body Build UK has advised that its members are continuing to improve payment performance within the construction sector. The average time for Contractors to make payment of invoices is now down to 40 days.
That is a massive improvement...
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Debt Collection action could have saved 50,000 SME’s
A report from the Federation of small businesses (The FSB) have released a comprehsive report detailing the way that small companies are being systematically...
Council writes off millions after Debt Collection failure
A cash strapped council has had to write off more than 2m of unpaid council taxes after Debt Collectors and Bailiffs recovered just £35,000...
MP’s lobby Government for new Debt Collection Laws
A mixed party collaboration of MP's has written to the Chancellor requesting new legislative measures to reform the government's debt collection practices.
The 50 strong...
Growth in UK Services Sector
A new survey has suggested that the UK’s services sector grew during March with an increase in the amount of jobs created.
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LATEST ARTICLES
48% of Businesses see increase in late payments
New data captured has shown that 48% of Businesses have seen an increase in late payment. Clear evidence that the pandemic is fuelling a...
60% of Private Landlords owed rent arrears
Data from the National Residential Landlords Association has revealed that a massive 60% of Private Landlords are owed money due to rent arrears.
Roughly 840,000...
Dodgy Company Directors disqualified by Insolvency service
Two rogue property directors who abused millions of investor funds and a scaffolder who disposed of assets prior to bankruptcy have been banned by...
HMRC facing £65bn Debt Collection challenge
The HMRC is now facing its biggest debt collection challenge in history. Debt owed to the HMRC from UK Businesses and tax payers has...
New clampdown on rogue car parking firms
Private Parking firms are facing a government clampdown on rogue practices. Parking companies will be banned from issuing fines for minor misdemeanours such as...
Small Businesses in ‘distress’ number triples
New data released by Accountancy firm Mazars has shown a worrying rise in the amount of UK Small Businesses in financial distress. Over 135,000...
New Small Business Commissioner urged to tackle late payments
Uk Sole traders group IPSE has called upon the new Small Business Commissioner Liz Barclay to take a tougher approach to late payments. IPSE...
Public rallies to save Debt ridden Railway
News that the popular Welsh Llangollen railway has had to call in the receivers has been met with a wave of public support since...
Debt Collection notices helped reveal Employee’s £1.7m scam
When Company Bosses at a Scunthorpe based Business started receiving Commercial Debt Collection Agency letters alarm bells rang. Shortly after they found that one...
City Council writes off £7.26m after Debt Collection efforts fail
Edinburgh City Council has been forced to write off a whopping £7.26m after Debt Collection efforts have failed to recoup monies owed to them.
The...
