This Week Trends
The number of County Court Judgments registered against businesses England and Wales has fallen by nearly 30 percent compared with last year. The first half of 2020 has seen a huge reduction compared to the same period of 2019...
Three in ten of UK adults are uninsured against events such as death, critical illness and redundancy, report Unbiased.co.uk.
A solicitor has been fined more than £1,000 due to invoice late payment. It was found that the solicitor failed to pay an invoice for legal fees within a reasonable time frame. James Lothian Brunton also failed to cooperate with...
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Hot Stuff Coming
Proposals could see bankruptcy period extended
Individuals declaring bankruptcy could be facing tougher measures by way of extended bankruptcy periods from 1 to 3 years if new proposals are accepted. R3,...
English Football Legend banned from being a Company Director
John Barnes, the former England and Liverpool footballer, has been banned as a company director after his business failed to pay tens of thousands of pounds in tax. John Barnes...
10% rise in Business Insolvencies predicted by Experts
UK Business insolvency could increase by 10% this year, according to research by Allianz. The insurer’s global insolvency outlook revealed that 15% of small and...
Britsih Gas – Royal debt error
British Energy giants British Gas's internal Account Recoveries team performed a 'right royal error' when they mistook a pub for the HRH Prince Charles...
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Popular Gossips
LATEST ARTICLES
Medical Sector Suppliers collapses after 41 years trading
A well known Medical Gas Suppliers company has ceased trading after plunging into administration after 41 years. Blair Milne and James Fennessey, partners with Azets,...
Number of Limited Company Director disqualifications rises
Latest figures from the Insolvency Service show the agency banned more than 1,000 directors in 2024-25, of which 736 were for Covid loan abuse. The...
CCJ Enforcement is extremely ‘slow and ineffective’ says Judge
Claimants are struggling to recover Unpaid CCJs in England and Wales due to justice system failures. A body chaired by a Senior Judge has...
Green Energy firm enters administration
Green energy firm Ripple Energy which provided renewable power to over 20,000 customers in the UK has filed notice to appoint administrators. Ripple allowed customers...
6 in 10 Small Businesses restricted by late payments
A new report from GoCardless, in partnership with the Federation of Small Businesses (FSB), has revealed an escalating late payments crisis threatening UK small...
Scam Debt Collectors firm shut down by Authorities
Bristol based debt recovery business which didn’t hand over money is shut down An Insolvency Service investigation found that Encore Capital Group Inc Ltd trading...
Businesses suffering from significant Late Payment delays
Latest data from Money.co.uk has found that on businesses are facing 47-day payment delays. The FSB has described late payments as one of the ‘biggest...
Trade Body calls on Government to improve its Debt Collection methods
In a new report, the Credit Services Association (CSA), the UK trade body for the debt collection and debt purchase sector, has called on...
Late Payments identified as top cause of Cash Flow issues for...
Late payments are the primary culprit for causing cash flow problems for businesses according to two fifths (41%) of UK small and medium-sized enterprises...
Company Insolvencies drop by 5% for the year 2024
Annual figures from the Insolvency Service have shown that there were 23,872 registered company insolvencies in England and Wales in 2024 a fall of...
