Research shows Late Payment affects Freelancer & SME owners health
Startling New research has shown that over three quarters of Freelance Business owners have experienced mental health issues as a direct result of non payment in the last twelve months.The latest market research report...
78,000 Premises visited by Bailiffs due to Business Rate debt
Research by real estate adviser Altus Group revealed that, during the last financial year (2018/19), over 78,000 non-domestic properties from retailers to restaurants to pubs to factories were referred to Bailiffs to levy ‘distress’...
UK Companies still failing to chase Business Debts
The latest new research from Lloyds Bank Commercial Banking Division has shown that a roughly a third of UK businesses who experienced late payment over the past year did nothing about it.The fear of...
Debtor jailed for attack on Debt Collection Agents
A 25 year old man from Derby has been sent to prison for 10 months following a violent attack on two Bailiffs in Derbyshire.Sameer Shabir was one of a trio of men who physically...
Kent College applies for ‘education’ administration
A Kent based college is set to enter 'education administration' under the rarely used insolvency procedures created by the Technical and Further Education Act 2017.West Kent and Ashford College (WKAC) has filed for administration...
SME’s say late payment is on the increase
Small and Medium sized Businesses across the UK are advising that late payment has increased compared with a year ago.This is growing concern due to a new Business Confidence monitor report that has been...
Hospitals turning to Debt Collection firms for help
Hospitals across Ireland are turning to Professional Debt Collection Agencies in a bid to combat unpaid fees.The HSE, which is responsible for public Health services in Ireland, using debt collection companies to chase up...
Brit being held in Prison due to Credit Card Debt
A British man is being held in a notorious Czech Prison awaiting extradition to Qatar due to an unpaid Credit Card Debt.Alan Stevenson from Manchester worked as an I.T Manager in Doha, Qatar in...
Soccer Legend has assets frozen due to Unpaid Debts
Brazilian Soccer Legend Ronaldinho has had properties seized due to unpaid debts and taxes according to reports coming out of Brazil.He has also has his Spanish and Brazilian passports confiscated due to mounting debt...
Construction Industry sees improved payment times
Trade body Build UK has advised that its members are continuing to improve payment performance within the construction sector. The average time for Contractors to make payment of invoices is now down to 40...
