E-Bike manufacturer goes into liquidation
Amsterdam-based VanMoof, an e-bike manufacturer, has gone into liquidation in the UK. The Dutch company confirmed through an email to its customers that the company is undergoing a Creditors’ Voluntary Liquidation.The message, signed by...
Number of Businesses closing continues to increase in 2023
Number of Businesses closing is on the rise
The number of businesses closing saw a further increase in the second quarter of 2023 (Q2). The rate of business insolvencies is now at its highest rate...
UK Exporters braced for non-payment rise from overseas customers
The number of UK exporters anticipating an increase in the risk of non-payment has risen from 27% to 43% year on year, according to a survey conducted by credit insurer Allianz Trade.An increased perception...
Home care providers facing collapse due to unpaid invoices
1 in 5 Home care providers facing collapseDozens of home care companies in England fear collapse because invoices are going unpaid by councils and the NHS.Hundreds of millions of pounds in unpaid bills are...
New Small Business jobs being held back by late payments
An improvement in Small Business jobs and sales growth across UK small businesses in June has been largely offset by increasing late payments and a slowdown in wages growth, according to the latest data...
Debt Collection SMS Text Scam warning
Overseas scammers are back at work attempting to scam UK citizens. It is the latest attempt by criminals to target unsuspecting members of the public.The same criminal gangs are thought to be behind the...
5 restaurants closing every day
The latest research analysis by Price Bailey (Accountancy firm) shows that restaurants closing is at its highest rate in a decade for the first three months of the year.A total of 569 restaurant businesses...
Number of Insolvent Businesses hits record high
The number of insolvent businesses in England and Wales last month rose by 40 per cent year-on-year to the highest level since monthly records began in January 2019.Data from the Insolvency Service yesterday showed...
London Tenant Evictions halted over Bailiff safety fears
London landlords face prolonged delays in the eviction process as bailiff operations are suspended indefinitely due to unspecified ‘health and safety reasons’.This move is reportedly causing an immediate and significant impact on evictions, with...
Government ban on No Fault Evictions
The Government has announced new private rented sector reforms.
The Renters’ (Reform) Bill, introduced to Parliament will abolish section 21 no fault evictions which will empower renters to challenge poor landlords without fear of losing...
