Recent News Articles
UK businesses see costs and debt rise in wake of Ukraine war
With Russia's invasion of Ukraine, UK businesses alongside consumers have seen a noticeable increase in costs. With many businesses involved in import and exports, bodies are calling for government assistance during the conflict.
Wednesday, 15th June 2022
1p savings method helps single mother pay off several debts
A single mother has shared her experience for ways that helped her repay her debts. Her Instagram page has helped those in debt look for positive paths to repaying debt.
Thursday, 17th March 2022
Will fuel increases and collapses drive fuel poverty?
With Zog energy being the 25th energy provider to go bust in a 3-month period and rising fuel prices, one UK charitable organisation is offering help and advice manage budgets and avoid people slipping into fuel poverty.
Monday, 7th February 2022
SMEs hopeful of bounce back in 2022 despite debt levels
Legal & General have recently released their "state of the nation" report. Their look into UK SMEs has found 57% are confident heading into 2022.
Friday, 14th January 2022
Are payment plans the best answer for low value consumer debt?
One MP has suggested that the current collection methods of councils calling in bailiffs to tackle council tax consumer debt is not only too heavy handed but also not efficient. We discuss our thoughts on how to handle low value consumer debt.
Thursday, 5th March 2020
School's debt collection text highlights how 1 simple message can spark action
Consumer debt collection is not an easy subject to approach. Individuals being reminded to pay money can be taken aback very easily. One Welsh school however has shown how even 1 simple, firm reminder can get the road to debt recovery rolling.
Monday, 20th January 2020
A retired Inverness plumber & other business face huge "Section 75 debt"
A retired Inverness plumber faces a £1.2m section 75 debt alongside other businesses including one which earned £60,000 profit requiring to pay £400,000 due to changes in rules under an official pension scheme.
Wednesday, 6th November 2019
Pizza Express & high street restaurants currently struggling
Credit control and planning is essential to fast moving industries with low lead times such as hospitality and food based industries. Alongside Chiquitos, Jamie's Italian and Frankie and Benny's, Pizza Express are reportedly struggling also in recent months.
Tuesday, 15th October 2019
Four Seasons Healthcare enters administration after financial woes
Four Seasons Healthcare has entered administration after struggling for a long while with management issues. Having had new ownership since December 2017, that change hasn't helped their credit control management.
Friday, 17th May 2019
HMRC new recovery strategies seemingly working well
HMRC's switch to issuing direct recovery orders (also known as attachment of earnings orders) has generated £127 million in owed tax and had surprisingly few complaints, showing early potential of the new strategy being a good choice.
Friday, 26th April 2019
Recent News
UK businesses see costs and debt rise in wake of Ukraine war
Friday, 17th June 2022
1p savings method helps single mother pay off several debts
Friday, 6th May 2022
Will fuel increases and collapses drive fuel poverty?
Monday, 7th February 2022
SMEs hopeful of bounce back in 2022 despite debt levels
Friday, 14th January 2022
Are payment plans the best answer for low value consumer debt?
Thursday, 5th March 2020