small business late payment costing SMEs £1.6bn

Small Business late payment costing SMEs £1.6Bn

Small Business Late Payment and the cost of such has more than doubled in the past two years, reaching £1.6 billion at the end...
businesses insolvencies expected to increase

10% rise in Business Insolvencies predicted by Experts

UK Business insolvency could increase by 10% this year, according to research by Allianz. The insurer’s global insolvency outlook revealed that 15% of small and...
actors taking debt recovery action

Actors resorting to Debt Recovery action to get paid

A large number of Actors from shows such as Call the Midwife, have had to resort to taking debt recovery action to ensure they...
Small Business owners fearing closure in 2024

1 in 3 Small Business owners fear closure this year

Nearly one in three (31%) of small business owners anticipate the potential closure of their businesses by the end of 2024 according to research...
increase in restaurants closing and going insolvent

Number of Restaurants closing hits new high in the UK

The number of restaurants closing across Britain hit a new quarterly high at the end of 2023, with more than 500 closing. There were 514...
councils calls off bailiffs from collecting school dinner debts

Council calls off Bailiffs chasing Unpaid School dinner fees

A local authority exposed by the Sunday Mail for using debt collectors to chase school meal arrears has ditched the policy. Scottish Renfrewshire Council had last year...
Football club insolvent facing liquidation

Football Club facing liquidation unless buyer found

Well known Northern English Football club Rochdale FC are facing the very real prospect of liquidation as things stand. Rochdale currently sit mid-table in the...
bailiffs seize horse from katie price

Debt ridden TV Celebrity has horse seized by Bailiffs

Debt ridden TV celebrity Katie Price has been hit by another devastating blow amid her battle with bankruptcy, as her beloved horse has reportedly been...
claims management company closes due to unpaid debts

Claims Management company closes suddenly due to large debts

A north west Claims Management company running financial mis-selling claims has closed, announcing on its website that cases have been transferred. The Law Gazette reported...
could the recession be good for debt collection

Could the Recession be good for Debt Collection?

Some people believe a recession is lucrative for the debt collection industry. With a recession comes more late payment of invoices and overdue accounts....