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HMRC spends over £5m in one month on Debt Collection services
HM Revenue & Customs has dramatically ramped up its use of private debt collection firms, spending more than £5 million in a single month...
Debt Collection firm served with Winding Up Petition
UK debt collection company McVicar Debt Collection Ltd based in Preston, Lancashire is facing renewed legal pressure after being served with a second winding...
Medical tech firm crashes into Liquidation
An Oxfordshire-based medical technology company that spent over a decade developing cutting-edge patient monitoring systems has entered liquidation, leaving behind millions of pounds in...
New Business Late Payments Legislation unveiled
The Government has introduced new legislation aimed at protecting small businesses by ensuring companies pay their suppliers within 60 days. Late payments could now...
Scotland sees sharp rise in Business Distress
The number of Scottish businesses in critical financial distress surged to 3,517 in Q4 2025, marking a 49.5% increase compared to the same period...
January sees a rise in Personal Insolvencies
The latest monthly figures from the Insolvency Service for England & Wales have indicated that personal insolvencies increased by 12% in January 2026 compared...
