Credit, Collections & Insolvency News
More than two in five (41%) young people said that their money worries had increased because of the Covid-19 pandemic, new research YouGov, as part of a partnership between youth charity The Mix and global information services company Experian. Over a third (35%) of young people surveyed agreed that the impact of the pandemic on…
Read more
New research by Canada Life has found that over a third of parents are gifting money to children. The research found of those who had gifted the top reason for doing so was to support children or grandchildren with general living expenses (21%). Almost two-fifths (18%) said it wasn’t for a specific purpose and they just…
Read more
New research has found that Klarna now holds over 50% share of the global Buy Now, Pay Later (BNPL) market sector. Data presented by the HelpCenter app has revealed that Klarna is currently the most popular Pay Later technology in the market, offered by 53% of websites on the entire internet, higher than its competitors…
Read more
Energy giant Utility Warehouse has been ordered to pay £1.5 million in redress to its customers an investigation by Ofgem found it failed to adequately support those who were struggling in debt. The investigation by the energy regulator found that customers were not consistently offered support, such as debt repayment plans and energy efficiency advice,…
Read more
New research from CompanyDebt has predicted an incoming wave of business failures among the UK’s construction sector. The report says that supply and demand in the global energy market have pushed prices to a record high this month in what industry pundits are called a ‘perfect storm.’ Energy prices are now over 250% higher than…
Read more
In October the following administration notices have been issued and advertised in the London Gazette for the following companies: ACCENTHANSEN LTD ACHIEVEMENT FOR ALL (3AS) LTD AE AEROSPACE LTD AVPE DURHAM LTD AVRO ENERGY LTD BARLOW’S (PROPERTIES) LTD BBS GRANITE CONCEPTS LTD BISHOPSGATE CONTRACTING SOLUTIONS LTD BLUE MARBLE HOLDINGS LTD CAPITAL DATA MANAGEMENT LTD CAPITAL…
Read more
Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in October: (JAS) THE HOUR GLASS LTD 102 COUTURE LTD 1A AUTOSCREENS LTD 1ST CHOICE SKIP & GRAB HIRE LTD 2020 LEISURE LTD 247 GT LTD 29 PRODUCTS LTD 2PLAY INC LTD 360PIC LTD 4.T.W.C. LTD…
Read more
In October Winding Up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: ALBION CONSULTANTS UK LTD ALE PILING LTD ANCESTORS OF DOVER LTD ASHTON WOOD LTD BARNSTAPLE ESTATE PROPERTIES LTD BRYANT HOUSE LTD BUILD MODULAR LTD CFL FINANCE LTD CHAPPELL CREST LTD COOKSON DEVELOPMENTS LTD DRAGON FIRE SYSTEMS…
Read more