Credit, Collections & Insolvency News
In October the following administration notices have been issued and advertised in the London Gazette for the following companies: 2NDHND LTD 36C HARRINGTON GARDENS LTD ACCENTIA FRANCHISE CONSULTANTS LTD AEROCARE INTERNATIONAL LTD ALLOY FUSION LTD ARCADIAN LIVING LTD AVENUE CLOSE FREEHOLD LTD BIRMINGHAM INNER CIRCLE COMMUNITY CREDIT UNION LTD BLACK CAPITAL PARTNERS LTD BLUE MARBLE…
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Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in October: (UK) CITY APARTMENTS LTD &OFFICES CANARY WHARF LTD 1 CR LTD 145 SMR LTD 174A WF LTD 199 CMR LTD 1ST HOMES LTD 1ST INVESTMENTS LTD 1STCC LTD 2 BOX LTD 205 BR LTD…
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In October Winding Up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 1012 LTD 360 SPORTS TV LTD A & R CARRIAGES LTD A&K MACHINERY LTD AB KHAN LTD ABLE SURFACING LTD ABODE D&B LTD ABSOLUTE LIVING DEVELOPMENTS (ORCHID POINT) LTD ADNANRAFIQ LTD. AEROTEK DESIGN LTD AIR ON…
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New consumer research from Go.Compare Energy has revealed that a sixth (16%) of UK households won’t be putting up their Christmas lights this year, to save on energy costs. This number has increased by a third since December 2021, when just 12% of people told Go.Compare that they wouldn’t be decking the halls with lights.…
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Older people will spend a higher share of their income on energy bills this winter than other age groups – with the over-75s expected to spend 8 per cent of their total household income on bills, even with significant government support – but younger households are most at risk of being unable to pay bills…
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A new British Chambers of Commerce (BCC) survey has found almost half of SMEs say they will find it difficult to pay their energy bills once the Government’s Energy Bill Relief Scheme ends on 31st March 2023. A further 4% say they will not be able to pay their energy bills at all, while 37%…
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New research from specialist lender Hodge has found 88% of British householders is concerned about the rising cost of energy. When asked if they have changed the way they run their homes in light of increased energy costs, 69% revealed they had done that too. Hodge asked 2,000 people how they felt about the current state…
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The Financial Conduct Authority (FCA) has obtained a judgment against London Property Investments (LPI), NPI Holdings Limited, their director Daniel Stevens and his father, Tony Stevens, for arranging mortgages without FCA authorisation and exploiting vulnerable customers who were in financial difficulty. The judgment found that the defendants arranged high-interest, unaffordable bridging loans for consumers about…
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More than two out of every five (41%) established small and medium businesses (those with between 10 and 100 employees) across the UK expect to shut their doors permanently, be forced to conduct mass redundancies or close locations within the next 12 months. Whilst more than one in three (39%) fear their business will be…
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It’s been nearly five years since Open Banking was launched in the UK, and although initial adoption rates were somewhat lower than expected, there is evidence that the platform may be a ‘slow burner’. Recent research suggests that usage is now growing rapidly, with the number of Open Banking transactions growing 10% month on month*. …
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