Record number of restaurants go bust

credit management
Record number of restaurants go bust Analysis of figures from the Insolvency Service show that 1,123 restaurant companies have become insolvent so far this year. This compares to 833 in the first nine months of 2017 and 1,075 in the
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Enforcement agents – What can they seize?

credit management
Enforcement agents – What can they seize? The taking control of goods regulations 2013 outlines what can and cannot be taken control of as part of a controlled goods agreement. You can view the complete legislation here. Once a debtor
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Third Quarter Insolvencies Jump

credit management
Third Quarter Insolvencies Jump Third Quarter Insolvencies Jump to 4,308 to their highest level in 4 years. Company insolvencies increased by almost a fifth (19.3) in the third quarter, compared to the same quarter last year, according to data from
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Budget has bad news for those who sell on credit

Business
Budget has bad news for those who sell on credit Hammond moves HMRC to the front of queue when firms go insolvent Do you sell on credit? Then the budget just brought you some bad news. Philip Hammond announced yesterday
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MPs want compulsory late payment code

credit management
MPs want compulsory late payment code A new campaign aimed at tackling late payments has secured cross-party support in Westminster with calls for a compulsory late payment code. Thousands of  businesses collapse every year because of cash flow problems caused
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