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Automotive insolvencies soar
Friday, 25 July 2008

 An information services company has seen the largest increase in automotive insolvencies since 2001.

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1st Credit sale on hold - reports
Friday, 25 July 2008

The sale of 1st Credit, the debt collection company, has been put on hold after its private equity owner Bridgepoint decided takeover bids were too low and it could keep expanding the company instead via acquisitions, according to media reports.

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Councils attacked for bailiff "hypocrisy"
Tuesday, 22 July 2008

 A major local council has been labelled as "hypocritical" for allowing its own bailiffs to break parking rules.

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Landlords warned of tenant late payment risks
Tuesday, 22 July 2008

A major industry trade association is warning landlords of the real risk of rental arrears if they fail to carry out appropriate checks on prospective tenants or face increasingly slow payments.

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CCA unveils information project
Monday, 21 July 2008

The Consumer Credit Association (CCA) will work with Experian to support a UK initiative encouraging the use of common information across the home credit industry. 

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Government "should set payment example"
Monday, 21 July 2008

A trade body is calling on government agencies to pay smaller firms promptly in order to set an example for large businesses, which it accuses of delaying payments to maintain cashflow in the global economic downturn. 

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Southern fraud hotspots revealed
Monday, 21 July 2008

Research by CIFAS has found that London and the South-East are the key hotspots for fraudulent applications across all product sectors. 

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Creditors warned of SME tax failures
Friday, 18 July 2008

Creditors have been warned that mounting taxes are leaving many of the UK's smallest firms with an uphill struggle to survive, according to a major business trade body.

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Insolvency plans under fire
Friday, 18 July 2008

The UKs trade association for insolvency practitioners has hit back at claims made by Conservative leader David Cameron that the insolvency system needs a total overhaul.

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Insolvency plans under fire
Tuesday, 15 July 2008

David Cameron has come under fire for proposals aimed at protecting companies from insolvency as a result of the credit crunch. 

In a speech to the CBI, Mr Cameron promised to consult on having a British version of the US Chapter 11 system, which enables a company in financial difficulties to continue trading and keep people in work while it comes up with a rescue package.

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Brits say they would be unable to cope with future energy price hikes
Friday, 11 July 2008

Amid speculation of high price increases, two in five Brits are already struggling to pay their energy bills.

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