Business credit check specialist Cocredo has announced that it has launched Dual Report a new company reporting service. Cocredo’s research has found that a growing number of people use multiple reports when credit checking companies to gain a wider understanding of a business. However, it can become very costly and time-consuming logging into different systems and comparing credit reports that…

The HMRC has increased its spend on private sector debt collectors by 62% in the last year to £39m in 2017, up from £24m in 2016, says UHY Hacker Young, the national accountancy group. UHY Hacker Young says that the steep rise in spending on private sector debt collectors could suggest that HMRC may be…

Here is an overview of The Money Charity’s latest statistics for May 2018: Personal debt in the UK People in the UK owed £1.584 trillion at the end of April 2018. This is up from £1.53 trillion at the end of April 2017– an extra £1,026.74 per UK adult. Per adult in the UK that’s an average debt of £30,601 in…

Npower’s has announced that it is raising prices for approximately 1 million standard variable dual fuel customers by 5.3%. Npower is the fourth of the ‘Big Six’ energy suppliers to raise the price of its standard variable tariff (SVT) in recent weeks, following similar moves from British Gas, EDF and Scottish Power. Responding to price…

New data released by Creditsafe’s Prompt Payment Premier League, has revealed Huddersfield Town takes on average 53 days beyond payment terms to pay invoices for its suppliers, the worst of any team from England’s top division. Meanwhile, Brighton & Hove Albion, who like Huddersfield had played their first season in the Premier League, top the rankings,…