bradford council close to bankruptcy

Bradford Council close to being bankrupt

Bradford Council will issue a Section 114 notice - effectively declaring itself bankrupt - without "exceptional" government help, a report has said. A Section 114...
businesses closing at faster rates in the UK

More Businesses closing than opening says latest statistics

Latest Office for National Statistics (ONS) figures show that alarmingly, businesses closing has outpaced openings for the first time since 2010. The ONS Inter-Departmental Business...
small businesses owed £22k on average in the UK

Small Businesses owed £22k on average in the UK

Following a review of business payments and cash flow, the government has found that small and medium-sized enterprises (SMEs) were owed on average £22,000...
dodgy lettings agent sentenced for stealing £128k from landlords

Dodgy Lettings Agent convicted of stealing £128k from Landlords

A dodgy lettings agent stole over £128,000 which should have gone to landlord clients - and with it she funded an affair with her...
number of overdue invoices in wales has dropped

Number of Overdue invoices in Wales drops by 42%

The number of overdue invoices being paid after their due date in Wales dropped 42% in October 2023 when compared to the same period...
local scottish council facing bankruptcy

Local Scottish Councils advise of huge bankruptcy threat

Local Scottish Councils are at risk of bankruptcy if funding from the Scottish government is not improved, council leaders have said. Cosla issued the warning...
increase in the number of ccjs issued

Sharp increase in number of CCJs issued in Q3, 2023

The latest figures for the number of CCJs issued has been released by the Registry Trust. The report is for months July, August and September....
late paying contractors face public work ban

Late paying contractors to be hit with public work ban

Late paying contractors are to be prevented from procuring government contracts under new proposed legislation. Companies bidding for government contracts worth over £5m must demonstrate...
increase in spend on hmrc debt collection

£16.3m boost for HMRC Debt Collection Unit

The Government is to our £16.3 million into HMRC Debt Collection, raising efforts to recover £4.67 billion in unpaid taxes over the next six...
best small business accounting software

Best Small Business Accounting software UK for 2024

As we look ahead to 2024, the nest small business accounting software UK is expected to grow even more. More and more UK small...