Small Business Late Payment a growing issue for 1 in 5...

New research from Premium Credit has shown that late payment issues are easing for SMEs but still remain a concern. Its Insurance Index, which monitors...

HMRC ‘sorry’ for Terminally ill Pensioner’s Debt Collectors threat

A pensioner who is terminally ill has been threatened with debt collectors by HMRC, after he didn't receive confirmation that he had paid the...

Law Firm Manager stole £176k from Clients Account

A former Law Firm manager who transferred thousands of pounds from client accounts has said she was trying to stop the business from failing. Jacque...

British Gas Apologises for Debt Collection Agency Error

British Gas has apologised after it told a customer it was sending his details to a debt collection agency for a £2,500 bill which...

Business Insolvencies drop 6% in May

Latest figures from the Insolvency Service have shown that there were 2,006 business insolvencies in England & Wales in May 2024, a decrease of...

Unpaid Council Tax Debt hits £6bn pounds

Latest data published by the Department for Levelling Up, Housing and Communities (DLUHC) show unpaid council tax debt has reached a total of £6...

Construction sector has the highest rate of Insolvencies

The Construction sector was the worst hit industry for insolvencies in the year to April 2024, the Insolvency Service has revealed. Some 4,401 construction companies...

Troubled Fashion retailer avoids Administration

Troubled fashion retailer Superdry has received court approval for its restructuring strategy as it looks to avoid administration. The announcement on Monday comes after the firm’s shareholders on Friday...

Increase in Unpaid Rent Arrears at the end of tenancies

Tenancies ending with unpaid rent arrears of more than five weeks’ rent have leapt to 17%, new research reveals. The findings from deposit alternative platform Reposit show...

ULEZ fines create £218 million pound Debt Pile in London

A staggering £218 million is owed in unpaid ULEZ fines in London, according to official figures. A Freedom of Information (FOI) request revealed that more...