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Nearly half a million UK firms in Financial distress

The latest research from Begbies Traynor has shown that the number of UK Businesses in serious financial distress has increased by 40% in the...

Business Insolvency rates at five year low

The rate of business insolvencies fell in January 2013 to its lowest rate since June 2007, according to the latest figures.

Secure Trust Bank purchases Debt Collection group

Solihull-based Secure Trust Bank (STB) has acquired the businesses of a debt collection group for a six-figure sum in a deal advised by the Birmingham office of law firm DLA Piper.
Scotland Business Insolvencies

Huge Drop in Scottish Business Insolvencies

New data released by Accounting Giant KMPG has shown that Businesses in Scotland are adapting to tougher trading conditions despite the continuing Brexit scaremongering....

Labour Council vows to stop using Bailiffs

A Labour run Council in London has become the first local authority in the United Kingdom to stop using Bailiffs labelling it as a...

Well known flooring firm in administration for a third time

Administrators have been called into to troubled flooring firm 'Floors-2-go' for a third time. Midlands based Insolvency firm MB Insolvency have been appointed to deal...

Debtor in court over Bailiff machete charges

A Debtor from Hampshire was in court over threats made to a Bailiff outside his property.

Company liquidations rise to their highest level over a year

Insolvency Service figures show that 3,978 companies were wound up in the second quarter of this year
college administration

Kent College applies for ‘education’ administration

A Kent based college is set to enter 'education administration' under the rarely used insolvency procedures created by the Technical and Further Education Act...
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Payday Lender Fined Half a Million Pounds After Being Duped By...

A payday lender has been fined more than half a million pounds and had its licence revoked after falling victim to fraudsters who successfully impersonated thousands of people to take out loans.

UK Economy 2012 boost

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OFT to target rogue money lenders and debt collectors

Rogue money lenders and debt collectors will be stopped from trading under plans put out for consultation.

Insolvency Service Investigation sees Companies Liquidated

Two related companies that mis-sold land to the public to the tune of £3.2 million ...

Debt Collection boss nets 30m windfall

Martin Dunphy, Irish founder of the Marlin Financial Group - A UK based Debt Collection Agency has netted a cool 30m for his 20...

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