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Insolvency rising again says Trade body
INSOLVENCY activity has again increased in the south east, according to the UK’s insolvency and restructuring trade body. R3 figures showed a rise in this...
Retail Insolvencies climb 19% in the UK
New analysis by Mazars has found that the number of insolvencies by retailers has increased 19% in the past year to 2,195 in 2023/24...
Haulage firms named in Business Late payers list
Well known transport, distribution and haulage firms have cropped up in a list naming and shaming both late and serially-late payers of invoices. The “rogues...
Plant Hire firm enters liquidation despite nearly 50 years of trading
A well known Scottish plant hire firm has entered liquidation after near half a century of trade. All jobs have been lost at a Fife...
Martin Lewis investigates shady actions by UK Debt Collection Company
In the United Kingdom, an intriguing scenario has surfaced within the UK's debt collection sector and the infamous Martin Lewis.
This involves the controversial activities...
Surge in Unpaid Rental Arrears says Industry supplier
Data released from Reposit, a deposit alternative service, reveals what it calls “a concerning surge in rent arrears” during the final quarter of last...
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...
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 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...
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...