1 in 3 Small Business owners fear closure this year
Nearly one in three (31%) of small business owners anticipate the potential closure of their businesses by the end of 2024 according to research by Novuna Business Cash Flow.Novuna says that the prospect of...
Number of Restaurants closing hits new high in the UK
The number of restaurants closing across Britain hit a new quarterly high at the end of 2023, with more than 500 closing.There were 514 restaurants closing permanently across England, Scotland and Wales in the...
Council calls off Bailiffs chasing Unpaid School dinner fees
A local authority exposed by the Sunday Mail for using debt collectors to chase school meal arrears has ditched the policy.Scottish Renfrewshire Council had last year enlisted Sheriff Officers to chase hard up families over unpaid...
Football Club facing liquidation unless buyer found
Well known Northern English Football club Rochdale FC are facing the very real prospect of liquidation as things stand.
Rochdale currently sit mid-table in the National League and its not just on the field that...
Debt ridden TV Celebrity has horse seized by Bailiffs
Debt ridden TV celebrity Katie Price has been hit by another devastating blow amid her battle with bankruptcy, as her beloved horse has reportedly been taken away by bailiffs.
The reality star already owes thousands of...
Claims Management company closes suddenly due to large debts
A north west Claims Management company running financial mis-selling claims has closed, announcing on its website that cases have been transferred.The Law Gazette reported that Legal UK Services Ltd, based in Altrincham, told clients...
Could the Recession be good for Debt Collection?
Some people believe a recession is lucrative for the debt collection industry. With a recession comes more late payment of invoices and overdue accounts. On the face of it, people make the assumption that...
London Mansions being seized as part of Debt Collection efforts
London mansions are being seized as part of measures to recover debts in London from bankrupt businessmen.A Kensington mansion has become the capital’s latest luxury property to go up for sale in insolvency proceedings as...
Retail Insolvencies continue to rise in the UK
Retail Insolvencies are expected to continue to rise according to latest industry expert findings.Less than two months into 2024 and six UK retailers have already gone bust, with a further two warning they may...
Huge rise in no fault evictions in 2023
Figures released in the past week by the Ministry of Justice showed that 9,457 households in England were evicted by bailiffs in 2023, compared to 6,399 in 2022.
A total of 26,311 households have been...
