More firms showing signs of distress A report from a R3 business distress survey has found that businesses are showing less signs of financial growth and more signs of financial difficulty. In this climate businesses are struggling to survive, with falling revenues

“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

Debenhams demands discounts for paying within 90 days! Debenhams has been demanding steep discounts for paying small businesses within 90 days – double the industry average – according to emails seen by the Sunday Telegraph. The British retailer has come

Fall in Scottish corporate insolvencies. 24th October 2017. The number of businesses going bust in Scotland fell by almost a quarter in the last year. New statistics from KPMG show, for the three months to 30th September, the total number

Christmas is coming!!!!!! We know it’s a frightening thought but there are only 64 working days until Christmas with all its lame excuses for non-payment. Remember if you give your clients 30 days credit terms from the date of invoice