Insolvencies up amongst the young

Business
Insolvencies up amongst the young The numbers of young people struggling to pay back debt has had a sharp rise. Insolvency rates amongst 18-34 year-olds are growing faster than any other age group, they shot up from 6.4 per 10,000
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Individuals in debt to get breathing space to seek advice (UK)

credit management
Individuals in debt to get breathing space to seek advice (UK) HM Treasury is calling on debt advisors and creditors to help it develop a plan to give individuals who are overwhelmed by debt up to 6 weeks free from
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Tribunal needed for small firms to get justice over administration

Business
Tribunal needed for small firms to get justice Campaigners including the SME Alliance, along with entrepreneurs and MPs are backing a call for a tribunal-style system to be brought into effect. The introduction of this new forum would tackle grievances
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“Vampires of Debt” took £7 million from clients

Business
“Vampires of Debt” took £7 million from clients A debt management firm run by couple Aidan and Christine Whitehurst has become under investigation. It has been reported that the couple took £7 million from their financially vulnerable customers who had
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FCA open investigation into Equifax

Business
FCA open investigation into Equifax 25th October 2017 It has been confirmed that Credit Rating US- based firm Equifax is being investigated by the UK Financial Conduct Authority (FCA) over the loss of important data. The UK financial watchdog has
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