fca to take action against businesses

New FCA Chief warns of Small Business Debt Collection scrutiny

The new chief of the Financial Conduct Authority issued a warning to banks and commercial lenders this week. The warning shot was issued over...
nhs staff hounded by bailiffs

Anger at NHS Nurses being “hounded” by Bailiff firm

Frontline NHS nurses helping the fight against Coronavirus are being "hounded" by bailiffs for hospital car parking fees according to reports in the Daily...
british debt saudi arabia

Dubai jailed Brit targets Saudi Royal Family over unpaid debts

Prominent members of the Saudi Arabian royal family are being sued by British entrepreneur Gary Arnold. The Debt Recovery Action relates to their alleged...
boris becker unpaid debts

Tennis Legend accused of ‘hiding’ Trophies from Debt Collectors

Tennis legend Boris Becker has appeared in court  at Southwark Crown Court in London, accused of failing to hand over his trophies to help...
smes late payment

New Late Payment proposals to help SME’s ‘not enough’

Under new proposals being drawn up by the government, large companies could now face fines or court orders if they fail to pay their...
Private School fees

Top Private Schools Association partners leading Debt Collection Agency

A top body for Private Schools has launched a new partnership with leading Debt Collection Agency Frontline Collections.In a statement on their website, the...
Debt owed by businesses

Unsustainable Business Debt estimated at £70bn

Businesses in the UK have stacked up around £70 billion worth of unsustainable debt says latest research. According to a new report from The...
rise in business insolvencies

Unpaid Invoices affecting 54% of UK Businesses

As the United Kingdom continues to ease its Coronavirus restrictions, 54% of current actively trading Businesses are facing piles of unpaid invoices.The results from...
childcare nursery

Childcare Providers facing financial ruin

The UK's Childcare Industry is facing real issues post pandemic. The loss of income from parent-paid fees since March is meaning that many childcare...
small business late payment getting worse

Business Late Payments threatening Economy recovery

The latest research shows that the majority of Businesses (SME's) in the UK are being paid late as a result of the pandemic. This...