number of ccjs rises

Number of CCJs rises in the UK by nearly 15% in 2023 Q1

The total number of judgments registered in the British Isles in Q1 2023 was 262,941. Compared to same period last year, the total number of judgments...
late payment increases in the uk

Late payment increase sees pressure grow on suppliers

Businesses may struggle to access credit as operating costs hit their highest levels since 2008 due to late payment increase, a leading insurer has...
renewable energy company daylight energy

Renewable Energy Company enters liquidation with huge debts

RENEWABLE energy company Daylight Energy has entered liquidation. It has gone bust owing millions and leaving customers thousands of pounds out of pocket. Latest energy...
75% of SMEs have cashflow worries

Over 75% of SMEs have cashflow worries says new data

Latest data from Time Finance has uncovered the true impact of late payments for SMEs with 75% of UK businesses worrying about cashflow as...
London Bailiffs and debt collection visits

Charity accuses London Bailiffs firm of ‘dressing up as police’

A London bailiffs company has hit back at a claim its enforcement officers are deliberately dressed to look like police to scare people into...
Home under the hammer presenters' firm collapses

Homes under the Hammer Presenters’ firm collapses with Debts of £3m

A company fronted by Homes Under The Hammer presenter Martin Roberts has gone into administration with around £3m of debts.Filing on Companies House shows...
overdue invoices scotland wales

Winter saw over 1.2 million overdue invoices in Scotland

Scottish Businesses had over 1.2 million overdue invoices on their books this winter.Insolvency and restructuring trade body R3 analysed data from Creditsafe, revealing that...
retail suppliers late payment worsening

Retail suppliers late payment worsening

Small businesses supplying the automotive, retail industry and manufacturing sectors face the longest-ever wait for payment from some of the UK’s largest companies, according...
school meal debts to be cancelled by council

School Meal debts to be cancelled by City Council

Glasgow City Council has unanimously voted in favour of scrapping school meal debts in the city's schools.It is hoped the measure will help families...
council writes off uncollected debt

Council forced to write off £7.2m of uncollected debt

Newham Council has been forced to write off over £7.2million in Penalty Charge Notice (PCN) debt this week as bailiffs have been unable to...