Tag: debt recovery
Covid-19 continues to increase Business late payment
The coronavirus pandemic has exacerbated Business late payments for UK businesses, new figures from the Institute of Directors reveal.
Over a third of company directors...
Council states that Debt Collectors are essential
The Council are now set to hire more debt collectors after the met on Wednesday and agreed that supplement the work done by council...
Bailiffs clear out restaurant whilst diners eat
Whilst at Indian restaurant Green Elachi in Ruskington, Sleaford, three diners were shocked and confused as bailiffs started clearing out the resteraunt as they...
HMRC triples spend on debt collectors
In the last three years, pay to private debt collectors from the HMRC has risen by 500%, whereby signifying the HMRC are stepping up...
Spanish Debt Collection Explained
With many countries recovering and if not flourishing after an economic crisis, Spain, a country which despite the severe conditions imposed by the crisis...
Tackling unpaid debts in the UAE
According to the 2018 Global Ranking on Debt Collection, the UAE is one of the most challenging places in the world for collecting debt,...
Half of Small Businesses trading in the red
According to the latest Small Business Insights published by Xero, half of the small businesses in the UK are currently trading in the red.
The...
New CCJ Debt Collection Proposal Submitted
In a joint industry submission, the Government has proposed reforms that would allow high court enforcement officers and certificated enforcement agents to enforce small...
Bailiffs are brought in to collect debt of £21M
Latest figures for Councils across the Black Country and Staffordshire revealed that over the past two and a half years they called in bailiffs...
HMRC seized assets from nearly 2,000 SME’s
More than 1,953 businesses had their assets seized from HMRC in 2016/17 demonstrating that the HMRC are using more aggressive methods to obtain unpaid...
