business insolvencies rise in ferbruary

Citigroup Pays £373m to Settle Debt Claims

Citigroup has agreed to pay $590m (£373m) to investors who allege they were misled about the scale of the bank’s ownership of troubled mortgage debt before the financial crisis.

Firms Line-up to Recoup Tax Debt

A TOTAL of 13 debt collection firms have bid for the chance to reclaim £5 million from residents who have failed to pay council tax.
invoice paid late

Business Insolvency Levels Improve

Business insolvencies have fallen slightly in June, according to Experian’s latest Business Insolvency Trends report.

Payday Lender Fined Half a Million Pounds After Being Duped By ID Fraud

A payday lender has been fined more than half a million pounds and had its licence revoked after falling victim to fraudsters who successfully impersonated thousands of people to take out loans.

UK Economy: Double-Dip Recession Not As Deep As We Feared

Britain's double-dip recession is not as deep as previously feared after revised ...
scam invoices warning

Trading Standards: Fake Debt Collector Warning

Fake debt collectors are targeting small business owners across Essex, Consumer Watch can reveal ...

Ex-Football club owner sets up Debt Collection firm

The Sunday Mail has revealed that ex-Rangers chairman Craig Whyte is launching a debt recovery business.

Repossession rates Drop to 18 Month Low

The number of homes being repossessed in the UK has fallen to its lowest level since the end of 2010, says the Council of Mortgage Lenders (CML).

New Law to Protect Tenants in Arrears in Scotland

A New housing law that provides more protection for social tenants in Scotland with rent arrears from eviction has been approved.
insolvency service targets bounce back loan abusers

Banking Boss Admits £2 Million Invoice Fraud

A former Lloyds bank boss in charge of online security has admitted a £2.4 million fraud.