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Insolvency

‘Mouths Stuffed With Gold’: But What Does the Future Hold for Public Sector Outsourcing?
Credit Control

‘Mouths Stuffed With Gold’: But What Does the Future Hold for Public Sector Outsourcing?

The Parliamentary report into the collapse of disgraced outsourcing giant Carillion has certainly pulled no punches. Amongst the tastiest soundbites,…
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A $50 mil Fraud, Picasso and London-based Beaufort Securities Collapse
Credit Control

A $50 mil Fraud, Picasso and London-based Beaufort Securities Collapse

It sounds like something out of a Hollywood gangster film - a $50 million fraud, an attempt to launder the…
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UK Government Consults on Insolvency Protections for Suppliers
Credit Control

UK Government Consults on Insolvency Protections for Suppliers

Contractors and SME suppliers in the UK could finally be in line for legal protection from losses in the event…
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Carillion Collapse Sends Shockwaves Across The UK
Debt Collection

Carillion Collapse Sends Shockwaves Across The UK

The collapse of construction giant Carillion could spell havoc for the UK’s small business economy, the country’s SME trade body…
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Toys R Us to Seek CVA with UK Store Closures Announced
Credit Control

Toys R Us to Seek CVA with UK Store Closures Announced

Fears over the future of embattled toy retailer Toys R Us continue to mount after its UK business announced it…
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Palmer & Harvey in administration after debt burden bites
Credit Control

Palmer & Harvey in administration after debt burden bites

Wholesaler Palmer & Harvey has entered administration after failing to restructure significant debts owed to suppliers. The Palmer & Harvey Group,…
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Shocking losses underlines need for an independent retention service
Debt Collection

Shocking losses underlines need for an independent retention service

New figures have revealed that UK construction contractors have been hit by £700 million in cash retention losses caused by…
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Air Berlin Grounded By Insolvency
International Debt Collection

Air Berlin Grounded By Insolvency

After Monarch went bankrupt and left thousands of passengers stranded, it looks like Air Berlin, the second largest German airline,…
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Monarch and Toys R Us Prove No Brand Is Too Big to Fail
Credit Control

Monarch and Toys R Us Prove No Brand Is Too Big to Fail

It is every supplier’s worst nightmare. You have finally secured a lucrative contract with a big name global brand, giving…
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Vertu Corporation Limited in Liquidation
Credit Control

Vertu Corporation Limited in Liquidation

Vertu Corporation Limited, the well-known British manufacturer of luxury smartphones, has finally filed for insolvency after being passed between owners…
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