Accountants find late payments getting worse not better

CPA Blog
Accountants find late payments getting worse not better. 7th August 2019. Accountancy Body Institute of Chartered Accountants in England and Wales (ICAEW) which represents 150,000 members,  has found the late payments culture is getting worse not better. Tackle growing late
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Personal insolvency rate continues its rise.

Business
Personal insolvency rate continues its rise. 31st July 2019. Individual insolvencies are at their highest quarterly level since 2010, with 30,936 people filing for bankruptcy, debt relief orders or individual voluntary arrangements, according to Insolvency Service data. The 2nd Quarter
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More UK firms in significant distress

Business
More UK firms in ‘significant distress’ 31st July 2019. The number of UK businesses facing ‘significant distress’ has increased, according to a new poll, with 14% of all UK businesses, or 484,000, indicating they were experiencing significant distress at the
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Hammond urges ‘radical’ change on late payments

CPA Blog
Hammond urges ‘radical’ change on late payments. 26th July 2019. Philip Hammond, in one of his last interventions as Chancellor of the Exchequer, advocated for “radical cultural change” to stamp out the toxic business practice of late payments, as SMEs
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Credit Management and the Current Political Crisis

Brexit
Credit Management and the Current Political Crisis. 26th July 2019 – David Hawkins. No one can say these days that UK politics are boring. It seems almost certain, with Mr Johnson ensconced in No 10, that the political scene will
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