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 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...
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 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...
£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 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...
Number of Businesses closing hits record levels
A record number of businesses closed across the UK last year, official figures have shown.The data from the Office for National Statistics (ONS) also...
Extra Energy supply Director hit with 6 year ban
A former Director of Extra Energy Supply has been banned from running a business for six years.Mordechay Ben-Moshe, 48, was a Director of Birmingham-based Extra...
Directors Personal guarantee usage on the rise says research
Latest research is suggesting that the use of a Directors personal guarantee is on the rise in the UK.There has been a rise in...
Personal Insolvency rising sharply according to new figures
New figures released show a massive increase in Personal insolvency.The latest monthly figures from the Insolvency Service for England & Wales have indicated that...
