Concern over Tax Credit Debt Collectors

Campaigners have called on the government to ensure debt collectors have high standards when collecting tax credit overpayments.

OFT issues new Debt Collection guidelines

The OFT has also published revised Debt Collection Guidance, focusing on continuous payment authority (CPA), a mechanism commonly used by payday lenders to collect repayments.

One in four UK businesses struggling to pay debts

Cash-flow problems that could leave companies unable to “fund any future recovery” are affecting one in four small businesses.

Global firms tax payments are ‘an insult’

Global firms in the UK that pay little or no tax are an "insult" to British businesses, a committee of MPs says.

Ernst & Young hit with massive writ

Accounting giant Ernst & Young is to be sued over the collapse of Anglo Irish Bank in 2009.

UK’s Economic growth at 1%

The UK economy grew by 1% between July and September, latest official figures have confirmed.

Scotland & NI have worst ‘Zombie’ Company rates

Scotland and Northern Ireland have almost double the rate of "zombie" companies than the rest of the UK, according to research by insolvency trade body R3.
bailiff and debt collection visits

Ministry of Justice to reform Bailiffs Industry

We can all expect to hear more about bailiffs in the next few months. The Ministry of Justice is planning to reform parts of the 700-year-old framework governing these debt-enforcement officers

‘Struck off’ companies hiding £5 Billion of Debt

Creditors are losing almost £5bn every year to businesses that are simply being closed down without going through any formal insolvency process.

UK losing billions due to tax avoidance schemes

The inability of HM Revenue and Customs (HMRC) to properly curb aggressive tax avoidance schemes is costing the UK billions of pounds, a report suggests.