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The Dirty Dozen – Named and Shamed for Failing to Pay on Time
Credit Control

The Dirty Dozen – Named and Shamed for Failing to Pay on Time

An initial review of payment practices under the government’s Prompt Payment Code has found 17 signatories in breach of the…
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Why Debenhams Refinancing Fails to Reassure Small Creditors
Credit Control

Why Debenhams Refinancing Fails to Reassure Small Creditors

It can’t be too often that small suppliers find themselves in agreement with notoriously hard-nosed retail tycoon Mike Ashley, owner…
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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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The Pool Enters Administration As Freelancers Are Left Unpaid
Credit Control

The Pool Enters Administration As Freelancers Are Left Unpaid

Sadly, after reporting in our last blog on the issues digital magazine The Pool was having with paying freelance contributors,…
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Payment Problems at The Pool Underline Freelancer Risks
Credit Control

Payment Problems at The Pool Underline Freelancer Risks

Lifestyle magazine The Pool has suspended all freelancer commissions after it emerged it was facing a sizeable backlog of late…
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Politicians Demand Mandatory 30-Day Payment Terms – But Would It Work?
Credit Control

Politicians Demand Mandatory 30-Day Payment Terms – But Would It Work?

The rhetoric surrounding the UK’s late payments culture was ramped up another notch this week as an influential Parliamentary committee…
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‘Call for Evidence’ a Sign the Government Still Hasn’t Got a Handle on Late Payments
Credit Control

‘Call for Evidence’ a Sign the Government Still Hasn’t Got a Handle on Late Payments

It feels like we have been here before somehow. Lots of well-meaning words, a tough-sounding stance… and then what? Rinse…
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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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