2013 to Feel Brunt of Eurozone Bad Debt

A report has forecast that eurozone bad debt is a “ticking time bomb” for the continent’s economy with 2013 to feel the full effect of ...

Banks Using PPI Refunds to Lower Outstanding Debt

Some £9 billion has been set aside to repay premiums on miss-sold policies. However, in some cases instead of being paid directly ...

May Insolvency Index Reveals Stronger Firms

THE number of business failures in Wales in May was up on a year earlier although the financial strength of businesses ...

Experian Names Collectors Bureau Director

Experian®, the global information services company, today announced the appointment of Paul Rout as ...

Bounced Cheque Brit Suffers Stroke In Dubai Jail

A British businessman on hunger strike in a Dubai prison where he is serving a 23-year sentence for allowing cheques to bounce ..

Late Payments ‘Crippling’ Many Small Businesses

Late payments are crippling many small businesses, according to a survey by the Federation of Small Businesses.

SMEs Spending 130 Hours a Year Chasing Late Payers

A recent survey has revealed that SMEs are spending an average of 130 hours a year chasing late payments for unpaid invoices and overdue accounts.

Student Debt Stands at £40.3bn

Official figures released by the Department for Business, Innovation and Skills show that outstanding student debt at the end ...
unpaid commercial rent arrears on the rise

"High Risk" Retail Sector Facing Struggle

The figurehead of the UK's insolvency industry has warned that a new batch of retailers could be forced into administration as ...

£82,000 Debt Left in Limbo

A TEAM of Truro doormen awarded more than £82,000 by employment tribunals are claiming a security firm has avoided paying up by exploiting "loopholes" in business law.