Subcontractors demanding new Late Payment legislation
A Construction Industry organisation is demanding tough new measures to combat a new wave of late payment in their sector. The Specialist Engineering Contractors’...
Business owners left feeling suicidal due to late payment survey says
Business owners are being left feeling suicidal due to late payment it has been revealed. 9 out of 10 business owners across the UK's...
Four Construction firms suspended from Prompt Payment Code
Four Large players within the UK's construction industry have been suspended from the Prompt Payment Code. Persistent late payments to sub contractors and suppliers...
Nearly half a million UK firms in Financial distress
The latest research from Begbies Traynor has shown that the number of UK Businesses in serious financial distress has increased by 40% in the...
Research shows Late Payment affects Freelancer & SME owners health
Startling New research has shown that over three quarters of Freelance Business owners have experienced mental health issues as a direct result of non...
78,000 Premises visited by Bailiffs due to Business Rate debt
Research by real estate adviser Altus Group revealed that, during the last financial year (2018/19), over 78,000 non-domestic properties from retailers to restaurants to...
UK Companies still failing to chase Business Debts
The latest new research from Lloyds Bank Commercial Banking Division has shown that a roughly a third of UK businesses who experienced late payment...
Debtor jailed for attack on Debt Collection Agents
A 25 year old man from Derby has been sent to prison for 10 months following a violent attack on two Bailiffs in Derbyshire.Sameer...
Kent College applies for ‘education’ administration
A Kent based college is set to enter 'education administration' under the rarely used insolvency procedures created by the Technical and Further Education Act...
SME’s say late payment is on the increase
Small and Medium sized Businesses across the UK are advising that late payment has increased compared with a year ago.This is growing concern due...
