Surge in Unpaid Rental Arrears says Industry supplier
Data released from Reposit, a deposit alternative service, reveals what it calls “a concerning surge in rent arrears” during the final quarter of last year as the economic climate took its toll on tenants.The...
Small Business late payment costing SMEs £1.6Bn
Small Business Late Payment and the cost of such has more than doubled in the past two years, reaching £1.6 billion at the end of 2023, according to a report by Xero.The latest quarterly...
10% rise in Business Insolvencies predicted by Experts
UK Business insolvency could increase by 10% this year, according to research by Allianz.The insurer’s global insolvency outlook revealed that 15% of small and medium-sized businesses in the UK are at risk of going...
Actors resorting to Debt Recovery action to get paid
A large number of Actors from shows such as Call the Midwife, have had to resort to taking debt recovery action to ensure they get paid according to reports in the Deadline.
Mad Dog 2020...
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...
