UK Landlords facing Unpaid Rent crisis
Unpaid Rent with the cost of living crisis are continuing to impact nearly every area of our daily lives. New research has revealed that landlords are growing increasingly concerned about their tenant's ability to pay...
Bogus Debt Collectors sentenced after £410k Debt Collection scam
A bogus debt collection scam gang have been brought to justice after defrauding a pensioner businessman out of around £410,000.The group, that fraudulently ripped the business owner, from Northallerton North Yorkshire, off over three...
Late payment becoming a major concern for Freelancers and contractors
Freelancers and contractors are becoming increasingly concerned about late payment of invoices with more than a quarter reporting some payments are settled at least 60 days late, new research shows.The study by Workwell &...
Energy Firms allowed to forcibly fit Prepayment meters again
Energy companies have been granted approval to resume force-fitting prepayment meters in people's homes nearly a year after it was suspended.EDF, Octopus and Scottish Power can install the meters again after meeting various requirements...
How to chase unpaid invoices: Expert guide for 2024
How to Chase Unpaid Invoices: An Expert Guide
As a business owner, one of the most frustrating parts of running your own company is dealing with unpaid invoices. It can be incredibly time-consuming and stressful...
Council writes off £1.5m Business debt owed by College
A seven-figure business debt owed to a council by a long-closed college has been written off.Burton Manor College in Wirral closed more than 12 years ago. The adult education centre was used by a...
Welsh MP calls for tighter Debt Collection regulations in Wales
A Welsh MP, Labour’s Jack Sargeant has led a debate in the Welsh Parliament calling for greater regulation of debt collectors in Wales.The Alyn and Deeside MS brought forward the proposal after The Times exposed British...
Bradford Council close to being bankrupt
Bradford Council will issue a Section 114 notice - effectively declaring itself bankrupt - without "exceptional" government help, a report has said.A Section 114 notice would mean it may have to stop all new...
More Businesses closing than opening says latest statistics
Latest Office for National Statistics (ONS) figures show that alarmingly, businesses closing has outpaced openings for the first time since 2010.The ONS Inter-Departmental Business Register shows that there was a 7% year-on-year decline in...
Small Businesses owed £22k on average in the UK
Following a review of business payments and cash flow, the government has found that small and medium-sized enterprises (SMEs) were owed on average £22,000 in late payments in 2022.As a result of these findings,...
