New identity checks for company directors should be introduced to help reduce business fraud, says Tim Cooper, chair of insolvency and restructuring trade body R3 in Scotland. A Government consultation into enhancing the role played by Companies House in the UK’s anti-fraud framework, which recently closed, provides a real opportunity to significantly strengthen the UK’s…

Citizens Advice Scotland has called for action to reduce the ‘five week wait’ that claimants of Universal Credit (UC) face before receiving their first payment. In the run-up to the UK government’s spending review later this week, CAS has published a new ‘Voices From the Frontline’ briefing which summarises the impact this delay has on people,…

Almost a third of SMEs (31%) have experienced late payments costing their business at least £10,000 in the last 12 months, according to research by Hitachi Capital. The report says the impact of late payments on the long-term health of the UK economy is estimated to have cost UK SMEs at least £51.5 billion in…

Credit Connect has announced the awards sponsors for this year’s Credit & Collections Technology Awards which takes place in Newcastle next Thursday (12th September). This year’s sponsors are fraud prevention service Cifas, debt collections specialist Credit Resources Solutions, technology, data sourcing information provider FinTrace, outsourcing specialist Equiniti Credit Services, and AI-powered accounts receivable software specialist…