payment business

9 out of 10 UK Businesses owed nearly £150k on average

UK businesses are returning to work this month with some trepidation, according to fintech business lender MarketFinance. The company’s latest research indicates that nine...
debt collection laws

MP’s lobby Government for new Debt Collection Laws

A mixed party collaboration of MP's has written to the Chancellor requesting new legislative measures to reform the government's debt collection practices.The 50 strong...
spike in debt recovery expected

7 out of 10 Businesses negatively affected by Coronavirus

Businesses are facing significant difficulties in the face of the coronavirus pandemic and are pessimistic about their growth once the crisis passes, according to...
Small business invoices unpaid

Small Businesses face up to backlog of Unpaid Invoices

A Commercial 'Credit Crunch' is predicted as the UK's Small Business community are facing up to increasing Unpaid Invoices. Research by Business Funding Experts...
Dubai Debt Collection

£4m Dubai Debt upheld by English Court

An English Court has ordered an ex-Football Club boss to repay a Debt order issued by a Dubai Court.The Court ruling made in Dubai...
insolvency industry

Emergency Insolvency reforms introduced

The Government has introduced the Corporate Governance and Insolvency Bill in Parliament, which will put in place a series of measures to amend insolvency...
covid 19 debt collection agency

Seven Staff confirmed with Covid-19 at Debt Collection firm

Seven staff at a Debt Collection Call Centre in Lancashire have tested positive for Covid-19 after employees were ordered to return to work.Preston based...
business debt recovery

Details released of Emergency Covid-19 Insolvency and Debt Recovery reforms

The Business Secretary Alok Sharma will be given new powers to help company directors during the current pandemic. This will enable him to extend...
small business late payment spiralling in northern ireland

23% Increase in Unpaid Business Invoices

The number of unpaid UK business invoices has increased by 23% according to new tracker by AI platform provider, Sidetrade.Sidetrade’s tracker is based on...
small business going bust

Insolvency Experts warn of mass Business Collapses

Over 500,000 British Businesses are at risk of collapse due to the Coronavirus claim Insolvency Experts.In the first three months of this year, over...