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Banking chief quits over debt rating fiasco

The chief executive of the Co-operative Bank has resigned after its debt was reduced to ‘junk’ status by a leading credit ratings agency.

Bank lending to increase as bad debts fall

Bank lending to businesses is set to rise for the first time in four years

Bailiffs fail to collect a single penny of 2m worth of...

BAILIFFS hired by a council to recover more than £2 million in unpaid tax have yet to recoup a single penny.

High Court shuts down Credit Union

Herefordshire-based Marches Credit Union Limited has been placed in liquidation following an order issued by the High Court

Debtor sentenced for gun attack on Debt Collector

Mark Vevers, 50, lured a debt collector to his home in Northampton where he then locked her in the bathroom, threatened her life, and stole £300 from her bank account as well as £485 in cash directly from her purse.

Director banned after insolvency investigation

ADRIAN Antonie Parson, director of Quantum Solutions (Kent) Limited, a payroll company in Grays, has been banned from acting as a director for six years

Bogus Bailiffs on the prowl

Police have warned members of the public that fraudsters are masquerading as Bailiffs in the Lincolnshire area.

Rogue Trader Nick Leeson lands Insolvency role

After causing the collapse of the U.K.'s oldest investment bank, Nick Leeson is finally back on the financial market.