Private Bailiff tenant evictions up by 39%
Tenant evictions by bailiffs in the private rental sector (PRS) have increased by 39% say latest government figures released.The figures show that 3,405 households in the private rental sector were evicted by bailiffs in...
Businesses must act to collect unpaid invoices as UK recession looms
Businesses are being urged to take action to collect unpaid invoices as a new UK recession in on the horizon. The latest setback fro the UK economy has been touted as the "final straw"...
Survey shows 1 in 2 Small Businesses struggling with late payments
The latest survey and research undertaken the the Federation of Small Businesses shows late payment is worse than ever. A survey of 1,300 Small Businesses and sole traders showed that half of SME's are...
Ambulance trust writes off £339k after Debt Recovery failure
An Ambulance trust has had to write of £339k after they were deemed unrecoverable. In a meeting of the West Midlands Ambulance trust board (WMAS), members agreed to write off a whopping £339,000 owed...
Uk’s top 10 worst Business late payers named and shamed
New IPSE research finds that late payments have worsened despite recent government reforms, alluding that not enough is being done to crack down on companies that do not pay freelancers on time.Now more than...
New powers used by Insolvency service to ban covid-loan abusers
The UK's Insolvency Service has utilised its new powers for the first time against directors that dissolve businesses to avoid the payment of its debts. The move is seen as the Insolvency Service ramping...
TV stars company collapses due to unpaid debts
Former Emmerdale TV soap Star Danny Miller has had his company put into liquidation due to a series of unpaid debts. The performing arts company Cannon Professional Acting company owing a whopping £117,528 of...
49% of Small Business Owners being forced to raise prices
Almost half of all Small Business owners on the UK are said to be increasing prices to combat rising costs and increasing late payments.The SME Insights Report, released by Simply Business, one of the...
Business Late Payment spiralling in Northern Ireland
Business late payment in Northern Ireland is spiralling out of control. For the third month in a row the number of overdue invoices has grown say Insolvency Trade body R3.Latest research, which is based...
Shocking rise in Business Insolvencies
A shocking rise in Business insolvencies has seen a 70% increase. The alarming rise has seen business insolvencies jump from 11,261 to 19,191 in the last year. This latest blow is according to analysis...
