Sporting legend Sir Bradley Wiggins has been declared bankrupt and could be forced to hand over his medals and trophies as his financial difficulties continue to mount.Wiggins, who retired from the sport in 2016 after...

A Scottish man who decided to recklessly act as a unlicensed Debt Collector recovering a business debt, has been punished in the courts for his unlawful actions.The man banged on a customers door and...

An iconic bicycle manufacturer is to enter voluntary liquidation after almost 80 years crafting and designing bicycle frames. Mercian Cycles, based in Derby, launched in 1946 and has continued to create bespoke bikes by hand...

A record number of Debt Relief Orders (DROs) were taken out in April, as the £90 fee for the insolvency option was scrapped. DROs are available to those on low incomes and clear existing debt...

UK Finance has released its latest Household Finance Review for Q1 2024 with the reporting highlighting that mortgage borrowing has decreased when compared with the same period the year before, despite a rise in...

An emergency can disrupt your flow and cause massive havoc. Mass discord and hysteria among people can lead to more casualties. Therefore, emergency alert systems have emerged as a valuable tool to mitigate such...

Small businesses were owed almost £23,000 in late payments for a month, according to new data, adding to the sky-rocketing energy bills that are piling pressure on concerned business owners.Late payments totalled £22,700 for...

US investment fund Oaktree Capital Management has taken control of Italian champions Inter Milan after the football club’s previous owners, Chinese conglomerate Suning International Holdings, defaulted on a large unpaid debt of £335m.Suning’s debt...

The latest Insolvency Service figures for April 2024 show there was a startling rise in Company Insolvencies.England and Wales witnessed a significant rise in company insolvencies, marking an 18.4% increase from March 2024 and...

Former Coronation Street legend Beverley Callard is currently under investigation after her acting firm failed to settle a £100,000 tax bill.The Liz McDonald star, 67, is under investigation by the HMRC after failing to pay £215,000 in debts,...