A new Insolvency Service taskforce will target ‘abusive phoenixism’ by company directors.  The Insolvency Service will use AI to root out rogue directors who deliberately fold their companies to dodge tax and walk away...

Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales fell to 1,868 in May 2026, 10% lower than in April 2026 (2,087), and 16% lower than...

New findings from UK Debt Collection News have highlighted just how much rests on the choice of debt collection agency—and how many businesses overlook one crucial question before they hire: is that agency actually...

A property businessman who breached a director disqualification order for over a decade has been jailed for four years after orchestrating an elaborate scheme to move £3 million out of reach of his creditors...

The BBC has appointed debt collection company Themis Recoveries to pursue households suspected of avoiding the television licence fee, adding a dedicated recovery partner alongside its long-standing contractor, Capita. The move follows a sharp...

HM Revenue & Customs has dramatically ramped up its use of private debt collection firms, spending more than £5 million in a single month as the government steps up efforts to claw back billions...

UK debt collection company McVicar Debt Collection Ltd based in Preston, Lancashire is facing renewed legal pressure after being served with a second winding up petition within a year, whilst also carrying an estimated...

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 liabilities and raising questions about the sustainability of innovative but...

The Government has introduced new legislation aimed at protecting small businesses by ensuring companies pay their suppliers within 60 days. Late payments could now result in significant fines, and boards will be required to...

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 in 2024, when the figure stood at 2,353. This alarming rise,...