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Second charge mortgage repossessions fall to a record low
Thursday, 08 February 2018
New figures released today by the Finance & Leasing Association (FLA) show that the number of second charge mortgage repossessions in 2017 was 105, 27% lower than in 2016. In the final quarter of 2017, the number of repossessions was 27, down by almost 31% compared with the same period in 2016.  
Post-Brexit export markets may be a bad debt risk for British firms, warns Euler Hermes
Thursday, 08 February 2018
China ranks amongst the hardest of countries for businesses to recover bad debts from, according to research from Euler Hermes, the world’s leading trade credit insurance company.
Flexys launches innovative debt management software after 12 months of development
Friday, 02 February 2018
Debt management software startup Flexys has launched an innovative product designed to help both lenders and borrowers collaborate to avoid mounting debt. 
Walker Morris joins the Money Advice Liaison Group
Thursday, 01 February 2018
Walker Morris has become a member of the Money Advice Liaison Group (MALG), reinforcing its commitment to improving its financial services offering and the advice given to those facing financial difficulty.  
HMRC credit card ban leaves self-employed and small businesses seeking funding
Wednesday, 31 January 2018
Following this week’s deadline for tax returns, there are thousands of taxpayers across the country; from self-employed consultants to limited companies, facing urgent bills.  
Jersey judgments hit historic low
Wednesday, 31 January 2018
The number of debt judgments in Jersey fell to a historic low during 2017, according to figures released today by Registry Trust. 
Complaints triple to 1.2 million as Resolver releases its figures for 2017
Tuesday, 30 January 2018
Resolver, the UK’s largest free complaint resolution service, helped people sort out a record 1.2 million complaints in 2017, according to new figures out today.  In total the number of complaints made through Resolver in 2017 tripled to 1,217,994.  
Company insolvencies rise as spiralling costs weigh on small firms
Friday, 26 January 2018
Responding to a 4.2% rise in company insolvencies in 2017 to 17,243 and a rise in quarterly insolvencies for Q4 2017 to 4,382, Federation of Small Businesses (FSB) National Chairman Mike Cherry, said:        “Today’s insolvency figures are a real concern and our research shows a record number of small business owners looking for an exit. One in seven entrepreneurs expects to sell, hand-on or close their business in the first quarter of 2018.  
Rising insolvencies reflect ‘challenging times’ but raise questions on regulation too
Friday, 26 January 2018
The Insolvency Service has today published insolvency statistics showing there were 99,196 individual insolvencies in England and Wales in 2017 – a rise of 9.4 percent on 2016.   One in 467 adults (0.21percent of the adult population) became insolvent in 2017, up from 507 in 2016. 
Q4 2017 insolvency statistics – R3 comments
Friday, 26 January 2018
Commenting on the Q4 2017 (October-December) England & Wales insolvency statistics (published this morning by the Insolvency Service), Duncan Swift, deputy vice-president of insolvency and restructuring trade body R3, says: 
Feenstra Powers Up Customer Experience with storm
Friday, 26 January 2018
The market leader in home installation technology in the Netherlands, Feenstra N.V., has entered into a new deal with KPN and Content Guru to deliver an omni-channel storm® cloud contact centre solution. The storm deployment forms part of Feenstra’s strategy to deliver excellent customer experience across all channels and to improve efficiency within the organisation.  
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