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Insolvency

Austerity Hammers Efforts to Protect Public from Rogue Businesses
Debt Collection

Austerity Hammers Efforts to Protect Public from Rogue Businesses

New figures from the Insolvency Service show a shocking decline in enforcement actions against unscrupulous businesses since the government’s austerity…
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Spectrum VEGA+ Backers Face Fight for Cash As Developer Goes Under
Debt Collection

Spectrum VEGA+ Backers Face Fight for Cash As Developer Goes Under

Backers of a project to reboot the classic ZX Spectrum as a handheld games console have been left half a…
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Flybmi Collapse Sounds Alarm Bells for Airline Suppliers
Credit Control

Flybmi Collapse Sounds Alarm Bells for Airline Suppliers

Another week, another tale of company administration, job losses and suppliers facing an anxious wait on whether they’ll ever get…
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Government to Clamp Down on Phoenix Companies
Debt Collection

Government to Clamp Down on Phoenix Companies

Directors who dissolve companies to write off debts, only to start up near identical businesses shortly after, could be banned…
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House of Fraser ‘Rescue’ a Hostile Takeover for Suppliers
Debt Collection

House of Fraser ‘Rescue’ a Hostile Takeover for Suppliers

Retail tycoon Mike Ashley has been quick to position himself as champion of the high street after buying House of…
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Insolvency Domino Effect Strikes Down One in Four UK Companies
Credit Control

Insolvency Domino Effect Strikes Down One in Four UK Companies

More than a quarter of UK businesses have suffered negative consequences from another company becoming insolvent in the past six…
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Church Seeks To Absolve Itself from UK Insolvency Laws
Credit Control

Church Seeks To Absolve Itself from UK Insolvency Laws

The Church of England fears that it could be forced to sell off some of its prized cathedrals in order…
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No Happy Ending for Insolvent Dark Bunny Tees
Debt Collection

No Happy Ending for Insolvent Dark Bunny Tees

There have been plenty of stories in recent times of large corporations going bust, leaving a trail of out-of-pocket suppliers…
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Supply Chains Feeling the Bite as Insolvency Continues to Hit
Credit Control

Supply Chains Feeling the Bite as Insolvency Continues to Hit

Latest official figures have confirmed what most people in business already suspected - the UK economy isn’t looking in too…
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CVAs Increase as UK High Street Firms Fight for Survival
Credit Control

CVAs Increase as UK High Street Firms Fight for Survival

It seems that no news is good news when it comes to tales of insolvency and corporate debt across the…
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