credit card use is increasing

Credit card use up to highest levels since 2004

Credit card borrowing rose in November to its highest monthly level since 2004 according to latest Bank of England data. The figures showed individuals borrowed...
european business late payment clampdown

European Business late payment clampdown in 2023

European regulators are looking to clamp down on late European business late payment payments in 2023. In the U.K, the government announced the launch of...
Limited company struggling with the debts what are the options

Limited Company struggling with Debts? What are the options

What are the options if a limited company is struggling with debts? While it can be be tempting to ignore a mounting unpaid debt problem...
MP made bankrupt due to personal debt

MP made bankrupt due to £1.7m of Personal debt

Conservative MP Adam Afriyie has been made bankrupt after a judge heard he owed around £1m to HMRC and £700,000 to Barclays bank. A bankruptcy...
bailiffs forced to wear body camera

Bailiffs forced to wear body cameras under new laws

Bailiffs will be forced to wear body cameras to protect vulnerable people struggling with debt, the Government has announced. The move is aimed at safeguarding households...
UK restaurants going bust fast than in covid

UK Restaurants going bust at a faster rate than during Covid

UK restaurants are going bust at a faster rate than during the Covid crisis owing to a “toxic mix” of surging energy costs, staff...
rise in uk energy firms going bust

More UK Energy firms are predicted to go bust in 2023

More UK energy firms are predicted to go bust in 2023 according to one expert. The boss of Centrica, parent company of British gas...
government to review uk small business late payments

Government to review UK Small Business Late payments

The government is to review worsening UK Small Business late payments it has been announced. Business secretary Grant Shapps said the review was to stop...
new regulatory body for bailiffs launched

New regulatory body for Bailiffs launched

A new regulatory body for bailiffs was launched on Wednesday as new figures reveal that over a third of families fear the cost-of-living crisis...
car parking fines and tickets rise by 50%

50% rise in car parking fines issued

Drivers across the UK have suffered from a 50% increase in the number of parking fines and tickets issued by private companies. According to new...