Emergency Insolvency reforms introduced

The Government has introduced the Corporate Governance and Insolvency Bill in Parliament, which will put in place a series of measures to amend insolvency...

Seven Staff confirmed with Covid-19 at Debt Collection firm

Seven staff at a Debt Collection Call Centre in Lancashire have tested positive for Covid-19 after employees were ordered to return to work.Preston based...

Details released of Emergency Covid-19 Insolvency and Debt Recovery reforms

The Business Secretary Alok Sharma will be given new powers to help company directors during the current pandemic. This will enable him to extend...

23% Increase in Unpaid Business Invoices

The number of unpaid UK business invoices has increased by 23% according to new tracker by AI platform provider, Sidetrade.Sidetrade’s tracker is based on...

Insolvency Experts warn of mass Business Collapses

Over 500,000 British Businesses are at risk of collapse due to the Coronavirus claim Insolvency Experts.In the first three months of this year, over...

Debt Collection Trade Body warns against ‘writing off billions’

The Credit Services Association has issued a stern response to claims from Debt Charities in the UK. Charities have made audacious requests that all...

Debt Collection firms facing Coronavirus challenges

The UK's Debt Collection industry is in uncharted waters as are many sectors due to the coronavirus. Most though are still continuing to operate...

SME’s facing Coronavirus Cashflow problems

Over two-thirds of UK SMEs (69%) have reported significant pressures on their cash levels according to latest insights from business lender MarketFinance. This is...

Court orders Landlord to pay Tenant money over Eviction failings

A London based landlord has been ordered to pay her Tenant compensation following a botched 'eviction'.Landlady, Lydia Suleaudu demonstrated a blatant disregard for her...

High Court orders closure of Debt Collection Agency

The High Court in Manchester has ordered the immediate closure of a rogue Debt Collection Agency based in Newcastle.Following a number of complaints, the...