Calls For New Late Payment Legislation
A survey by the Institute of Directors (IoD) of SME’s across the UK revealed that of the 787 questioned, nearly half have suffered because...
Steep rise in Scottish Business Insolvency
New official statistics reporting insolvencies in Scotland have been released by Accountant in Bankruptcy (AiB) for the fourth quarter (January to March 2018) of...
New CCJ Debt Collection Proposal Submitted
In a joint industry submission, the Government has proposed reforms that would allow high court enforcement officers and certificated enforcement agents to enforce small...
UK Business Debt rises by £580m
Unpaid UK Business Debt owing to firms across the country's core 11 sectors has increased by £580m more over the past three months compared...
1 in 8 of Scotland’s Businesses suffering from late payment
According to new suggestive research by insolvency and restructuring trade body ‘R3’, around one in eight companies within Scotland from Gretna to Stirling to...
Late Payment rife, even in Formula 1
Late Payment rife even in Formula 1With the government set to crack down on late payments, Creditsafe highlighted the worst offenders in the world...
Authorities issue warning of Business Debt Collection scam
Cyber Police Action Fraud have warned Small Businesses and sole traders to be on guard against a new Debt Collection scam in which financial...
Slower growth for SME’s predicted
New research from Close Brothers revealed that with concerns over slower growth from the UK economy, as well as barriers that threaten to hold...
Government eyes insolvency reforms
After the collapse of construction giant Carillion a consultation is being launched over planned action against “irresponsible” company directors, with the government planning insolvency...
Steep rise in Business CCJ’s
According to figures released today by Registry Trust, adverse County Court Judgements (CCJ's) are on the rise for Businesses in England and Wales for...
