Council forced to sell buildings to pay debts
A council is being forced to sell buildings to pay debts it has emerged. Slough Borough Council faces having to sell off most of...
Number of Businesses going bust doubles in 2022
Businesses going bust and company insolvencies are at more than double their 2021 levels for the second consecutive month warns a leading Trade body.Alarming...
Council hit with huge writ for Unpaid Care home fees
A Council in Wales has been hit with a high court writ to recover unpaid care home fees it owes.Gwynedd Council is reported to...
Business insolvencies predicted to skyrocket
Trade Credit insurers Allianz Trade have predicted that Business insolvencies will skyrocket. They predict company insolvencies will rise by a huge 37% this year....
Ex TV Channel boss banned from being a Company Director
A Plymouth based businessman has been banned from being a company director for eight years. This follows after his TV network went bust with...
Small Business late payment rising due to cost of living increase
Nearly a quarter (24%) of small businesses and medium sized enterprises (SMEs) have seen a rise in the number of late payments. The late...
Businesses going bust forces a council to write off £560k
More than half of the bad debts written off by a council in the last six months of last year were caused by businesses going bust.East...
Insolvency service to close half of its offices
The Insolvency Service will close half of its offices in England according to plans laid out in an new strategy. The news has not...
Business CCJs in Scotland rise by 52%
Business CCJs in Scotland saw a fifty two per cent (52%) increase in decrees and judgments against them in the first quarter of 2022....
Late payment contributing to Small Business Owners mental health decline
The impact of increased late payment, business impacts of the covid pandemic and lockdowns have impacted on the mental health of Small Business owners...
