Articles with a focus on debt collection and related business services.


Articles exploring areas relating to debt collection and business finance.

Recent News Articles

Section 75: businesses facing huge debts

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

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

Bailiffs under scrutiny following reports highlighting poor practices

Bailiffs have come under fire from debt charity stepchange after reports have suggested a number of bailiffs are using intimidation tactics and not dealing with debtors correctly. AYOM looks into what it takes to effectively recover a debt without using these out of date methods.

Wednesday, 28th November 2018

Late payments putting self-employed in debt

A combination of late payments from debtors and lack of knowledge of business skills and support available is sending self employed and small business owners into an average of £10,000 of debt according to a study.

Thursday, 8th November 2018