POPULAR NEWS
New Year sees SME’s chasing £50bn in Business Debt
New research is showing that Small Businesses are chasing over 50 Billion pounds in late payments across the UK. Tide, which is a digital...
Yorkshire Building Society fined over customer failings
The Financial Conduct Authority (FCA) has continued to flex its muscles after issuing a massive 4.1m fine to Yorkshire Building society for not dealing...
WORD CUP 2016
Unpaid Council Tax Debt hits £6bn pounds
Latest data published by the Department for Levelling Up, Housing and Communities (DLUHC) show unpaid...
Expert tips for Credit Control in 2016
For any business, the turning of the year represents an opportunity to adopt new practices...
Mobile Phone firms worst for Debt Collection
Leading UK Consumer Charity 'The Citizens Advice Bureau' has labelled Mobile Phone Firms as the worst...
WRC Rally Cup
Late payment: Small Businesses must act now says Debt Collection Expert
UK's Small Businesses are under serious threat and must act now according to one industry...
Public Sector Late Payments Continue to Rise
New research has shown that late payment by major public sector contractors to small and medium-sized enterprises ...
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
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CYCLING TOUR
FSA publishes Business Plan for 2012/13
The Financial Services Authority has published its business plan setting out its priorities for 2012/13, and the implications for the FSA’s budget.
Late Payment – The problem that won’t go away
With Brexit dominating the economic spectrum, Small businesses in the UK are under major cash flow pressure which in turn is leading to increased...
Debtor faces years in prison for gun attack on Bailiff
A Tenant with arrears of over £8,000 who gunned down a Bailiff and housing officer during an eviction is facing years behind bars following a...
Enforcing a CCJ – What are the options?
Obtaining and enforcing a CCJ may seem straight forward but that is not always the case. A CCJ ratifies a debt and makes it...
Small Business late payment getting worse
Small businesses had to wait an average of 29.9 days to be paid in April according to the latest figures from Xero. This marks...
TENNIS
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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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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LATEST ARTICLES
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 result in significant fines, and boards will be required to...
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 in 2024, when the figure stood at 2,353.
This alarming rise,...
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 to January 2025, rising to 10,843 from 9,644. Personal insolvencies...
43.8% rise in Businesses suffering Financial Distress
The latest Red Flag Alert research from Begbies Traynor has revealed a significant 43.8% year-on-year increase in ‘critical’ financial distress during Q4 2025.
Throughout 2025, UK businesses faced ongoing challenges stemming from prolonged economic uncertainty,...
Spike in Divorces in January may raise Personal Debt Levels
Often dubbed ‘divorce month’, January has long been recognised as the time of year when family lawyers see a significant rise in people seeking to end their marriages.
Current Google data supports this trend, showing...
Best 10 Credit Control Tips for UK Businesses in 2026
Cash flow remains the lifeblood of any UK business. In 2026, navigating the financial landscape requires more than just making sales; it requires ensuring that the money owed to you actually lands in your...
Business Insolvencies Surge Amid Economic Pressures
The number of businesses collapsing in England and Wales has seen a sharp increase, with 2,029 companies going insolvent in October—a 17% rise compared to the same month last year, according to the Insolvency...
FCA Regulated Debt Collection Agency enters Administration
Scott and Mears Credit Services Enters Administration
Scott and Mears Credit Services Ltd, a prominent name in the UK's debt recovery sector, has officially entered administration, ceasing all trading activities effective immediately. This development brings...
Scam Debt Collection Agencies shut down for keeping Client’s monies
Scam Debt Collection firms shut down
Three connected debt collection agencies in Sunderland have been closed by the High Court after an investigation found they kept over £50,000 of funds collected for their clients.
The companies,...
AI Debt Collection much less effective than Humans says new study
Businesses turning to AI debt collection may be sacrificing significant results and customer trust, according to new research from one of the Worlds top Universities.
As artificial intelligence reshapes industries from finance to customer service,...
