HMRC ‘sorry’ for Terminally ill Pensioner’s Debt Collectors threat
A pensioner who is terminally ill has been threatened with debt collectors by HMRC, after he didn't receive confirmation that he had paid the correct tax bill.HMRC has been accused of threatening a terminally...
Law Firm Manager stole £176k from Clients Account
A former Law Firm manager who transferred thousands of pounds from client accounts has said she was trying to stop the business from failing.Jacque Aitken, an Office Manager employed by Hampshire law firm Simpkins...
British Gas Apologises for Debt Collection Agency Error
British Gas has apologised after it told a customer it was sending his details to a debt collection agency for a £2,500 bill which the energy supplier had charged in error.
John Spink received a...
Business Insolvencies drop 6% in May
Latest figures from the Insolvency Service have shown that there were 2,006 business insolvencies in England & Wales in May 2024, a decrease of 6% when compared to April 2024 figures (2,144) and 21%...
Unpaid Council Tax Debt hits £6bn pounds
Latest data published by the Department for Levelling Up, Housing and Communities (DLUHC) show unpaid council tax debt has reached a total of £6 billion as of 31stMarch 2024.This shows a 9% year-on-year rise...
Construction sector has the highest rate of Insolvencies
The Construction sector was the worst hit industry for insolvencies in the year to April 2024, the Insolvency Service has revealed.Some 4,401 construction companies in England and Wales registered as insolvent in the period...
Troubled Fashion retailer avoids Administration
Troubled fashion retailer Superdry has received court approval for its restructuring strategy as it looks to avoid administration.The announcement on Monday comes after the firm’s shareholders on Friday approved a proposed £10m equity raise to help turnaround its...
Increase in Unpaid Rent Arrears at the end of tenancies
Tenancies ending with unpaid rent arrears of more than five weeks’ rent have leapt to 17%, new research reveals.The findings from deposit alternative platform Reposit show that landlords needed to reclaim at least five weeks of...
ULEZ fines create £218 million pound Debt Pile in London
A staggering £218 million is owed in unpaid ULEZ fines in London, according to official figures.A Freedom of Information (FOI) request revealed that more than 1.3 million penalty charges (PCNs) were issued from September...
Labour promises to crack down on Small Business Late Payment
Labour says it will scrap business rates and crackdown on Small Business late payment as part of a package of measures to help small businesses.The party is also planning to boost small business exports...
