UK’s Economic growth at 1%

The UK economy grew by 1% between July and September, latest official figures have confirmed.

Scotland & NI have worst ‘Zombie’ Company rates

Scotland and Northern Ireland have almost double the rate of "zombie" companies than the rest of the UK, according to research by insolvency trade body R3.

Ministry of Justice to reform Bailiffs Industry

We can all expect to hear more about bailiffs in the next few months. The Ministry of Justice is planning to reform parts of the 700-year-old framework governing these debt-enforcement officers

‘Struck off’ companies hiding £5 Billion of Debt

Creditors are losing almost £5bn every year to businesses that are simply being closed down without going through any formal insolvency process.

UK losing billions due to tax avoidance schemes

The inability of HM Revenue and Customs (HMRC) to properly curb aggressive tax avoidance schemes is costing the UK billions of pounds, a report suggests.

UK Businesses more upbeat says Cable

There are "reassuring" signs the economy is continuing to recover and there is a "more upbeat mood" among the business community

Breaking: OFT begins investigations into Lenders Debt Collection practices

The OFT has opened formal investigations into several payday lenders over aggressive debt collection practices.

UK’s Retail Industry continues to decline

More than one in 10 shops are empty, according to the British Retail Consortium (BRC), the highest since it began

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.

Payday Loans to cause ‘Debt Tsunami’ warns MP

Labour MP Stella Creasy has warned that a "debt tsunami" will engulf Britain if the payday loans industry is not regulated.