This Week Trends
A Labour candidate has been suspended after being convicted of fraud is has been reported.
The Labour candidate for Wellingborough and Rushden, Richard Garvie, has been found guilty of purchasing around £900 worth of train tickets using a bank account he was aware...
The UK's Insolvency Service has utilised its new powers for the first time against directors that dissolve businesses to avoid the payment of its debts. The move is seen as the Insolvency Service ramping up its actions against deliberate...
Six men have been jailed for their part in running a huge fraudulent credit forum, selling fake identity document to an estimated ...
Hot Stuff Coming
Number of Insolvent Businesses rises in September
The number of businesses in England and Wales that went bust last month was the largest since the pandemic began. The latest Insolvency Service...
Covid Loan Debt Collection talks hit brick wall
Plans to create a Nationwide Debt Collection service to recoup unpaid covid Business support loans have hit a brick wall according to latest reports. £45...
Businesses warned to pay debts on time
Business Minister Michael Fallon has warned big businesses that they will be publicly named if they fail to sign up to the Prompt Payment Code, a voluntary agreement to promote good payment practices.
Bailiffs to attend Jobcentre to enforce County Court Order
BAILIFFS are set to raid a Jobcentre and seize goods in settlement of an unpaid £400 bill.
LATEST ARTICLES
Haulage firms named in Business Late payers list
Well known transport, distribution and haulage firms have cropped up in a list naming and shaming both late and serially-late payers of invoices. The “rogues...
Plant Hire firm enters liquidation despite nearly 50 years of trading
A well known Scottish plant hire firm has entered liquidation after near half a century of trade. All jobs have been lost at a Fife...
Martin Lewis investigates shady actions by UK Debt Collection Company
In the United Kingdom, an intriguing scenario has surfaced within the UK's debt collection sector and the infamous Martin Lewis.
This involves the controversial activities...
Surge in Unpaid Rental Arrears says Industry supplier
Data released from Reposit, a deposit alternative service, reveals what it calls “a concerning surge in rent arrears” during the final quarter of last...
Small Business late payment costing SMEs £1.6Bn
Small Business Late Payment and the cost of such has more than doubled in the past two years, reaching £1.6 billion at the end...
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...
Actors resorting to Debt Recovery action to get paid
A large number of Actors from shows such as Call the Midwife, have had to resort to taking debt recovery action to ensure they...
1 in 3 Small Business owners fear closure this year
Nearly one in three (31%) of small business owners anticipate the potential closure of their businesses by the end of 2024 according to research...
Number of Restaurants closing hits new high in the UK
The number of restaurants closing across Britain hit a new quarterly high at the end of 2023, with more than 500 closing. There were 514...
Council calls off Bailiffs chasing Unpaid School dinner fees
A local authority exposed by the Sunday Mail for using debt collectors to chase school meal arrears has ditched the policy. Scottish Renfrewshire Council had last year...