32,000 UK Homes at risk of repossession
New research by Mojo Mortgages has found that 32,000 mortgaged properties at risk of being repossessed.The research also found that there were 96,580 homeowner mortgages in arrears of 2.5% or more of the outstanding...
Investigation launched into Council’s huge Unpaid debt pile
The government has ordered an investigation into Warrington Borough Council as figures reveal it is almost £1.85 billion debt.
It follows a report which found the council is the most indebted unitary authority in the country, with...
Solicitor fined due to Invoice late payment
A solicitor has been fined more than £1,000 due to invoice late payment. It was found that the solicitor failed to pay an invoice for legal fees within a reasonable time frame.James Lothian Brunton...
English Football Legend banned from being a Company Director
John Barnes, the former England and Liverpool footballer, has been banned as a company director after his business failed to pay tens of thousands of pounds in tax.John Barnes Media Limited failed to pay more than £190,000 in corporation tax and...
Timeshare Company closed down due to huge fraud
A Timeshare risk management company which claimed to help people exit their timeshare contracts in Tenerife has been shut down leaving clients at a lossTimeshare Legals Limited was wound-up following investigations by the Insolvency...
Insolvency rising again says Trade body
INSOLVENCY activity has again increased in the south east, according to the UK’s insolvency and restructuring trade body.R3 figures showed a rise in this activity from 246 in February to 261 in March, remaining...
Retail Insolvencies climb 19% in the UK
New analysis by Mazars has found that the number of insolvencies by retailers has increased 19% in the past year to 2,195 in 2023/24 up from 1,843 in 2022/23.High profile retail insolvencies include The...
Haulage firms named in Business Late payers list
Well known transport, distribution and haulage firms have cropped up in a list naming and shaming both late and serially-late payers of invoices.The “rogues gallery” included Ceva Logistics, Reed Boardall, Brake Bros and Jack...
Plant Hire firm enters liquidation despite nearly 50 years of trading
A well known Scottish plant hire firm has entered liquidation after near half a century of trade.All jobs have been lost at a Fife based plant hire firm James Penman (Plant hire) Limited as...
Martin Lewis investigates shady actions by UK Debt Collection Company
In the United Kingdom, an intriguing scenario has surfaced within the UK's debt collection sector and the infamous Martin Lewis.
This involves the controversial activities of a UK Debt Collection company, Barratt Smith Brown, who...
