Insolvency Experts predict wave of insolvencies after profits rise
Leading UK Insolvency Experts Begbies Traynor have reported of a increase use of their services. Revenue and profits have risen for the Company for...
Businesses being chased for Late filing penalties by Debt Collection firms
Businesses filing their financial statements late due to the impact of the pandemic face the prospect of being contacted by debt collection agencies before...
USA Debt Collectors can now use Social Media to help recover unpaid debts
Debt Collectors in the USA have been given the green light to use Social Media to help collect debts. American Debt Collectors will now...
UK Business Credit Scores recovering well post pandemic
The latest research from Business analysts Experian has shown that on average, UK Business are recovering well post pandemic.The average Business credit score level...
HMRC asks for help ‘modernising’ business debt collection
The HMRC has surprising made a public statement asking for advice on modernising its Business Debt Collection methods.The statement issued a couple of days...
Football Club suspended from all activities due to Unpaid Debts
Historic Welsh Football Club Bangor City have been suspended from all football related activities due on ongoing issues with unpaid wages.The Football Association of...
1 in 3 Businesses see late payment as biggest threat to survival
Late payments are threatening the survival of British businesses. In-depth analysis by invoice finance provider, Time Finance has revealed some startling truths. Uncovering the...
Tenant Eviction to be suspended over Christmas period
An announcement is expected to be made advising that Tenant Evictions will be suspended over the Christmas period.It is understood a 'christmas truce' will...
HMRC facing pressure to improve Debt Collection
In the latest HMRC update, overdue debt increased to £58 billion – a record-breaking level of debt. Sushil Patel, Director of Restructuring Advisory at Kroll,...
Micro Businesses hit by 60% hike in Late Payments
New research has revealed late payments are continuing to have a significant impact on UK small businesses – with the smallest businesses being some of...
